if it will engage in business as a domesticmarket enterprise (an export enterprise isnot required to comply with this minimum capitalization requirement). Thecapitalization requirements of a domestic market enterprise may be reduced to thepeso equivalent of US $100,000 (i) if its activity involves advanced technology asdetermined and certified by the Department of Science and Technology, or (ii) if itemploys at least 50 direct employees as certified by the appropriate regional office of the Department of Labor and Employment.
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