All applicants for authority to hire or renewal of license to recruit are required to have such substantial capitalization as determined by the Secretary of Labor.
Labor Code · Recruitment and Placement of Workers · Chapter II – Regulation of Recruitment and Placement
Capitalization
All applicants for authority to hire or renewal of license to recruit are required to have such substantial capitalization as determined by the Secretary of Labor.
For overseas employment, see Sec. 1 (b) of Rule I, Part II of the POEA Rules on Licensing and Regulation of Recruitment Agencies for Land-based Workers. For local employment, see Sec. 2, Rule II of the DOLE’s PRPA Guidelines.
Text and numbering follow the Department of Labor and Employment's 2022 edition of Presidential Decree No. 442, as amended and renumbered under DOLE Department Advisory No. 01, series of 2015. Former article numbers are shown in brackets. Notes are DOLE's editorial notes. Amendments after that edition are not included. For information and research only, and not legal advice. For certified copies, refer to the Official Gazette or the issuing agency.