SEC FORM NO.

F-100
For New Corporations
with more than 40%
Foreign Equity

APPLICATION TO DO BUSINESS UNDER THE

FOREIGN INVESTMENTS ACT OF 1991 (RA 7042)

VALEO IT SERVICESDICKYBAY BUSINESS SOLUTIONS, INC.

(the “Corporation”)

hereby applies for authority to do business under the Foreign Investments Act of 1991 and submits the
following statements and accompanying documents:

1. The applicant is a corporationCorporation in the process of registration with this

Commission and intends to operate a

( √) domestic market enterprise*

( / ) export enterprise **1

2. The primary purpose of said the corporationCorporation is to engage in the business of

a service center to supplement its parent company’s and affiliates’ current service centers in Germany
and the Asian region with Mandarin/Chinese language services and the required support services for
computer software development and installation and other information technology (IT) related support
and back office tasks and trading of computer and IT products, hardware, software and accessories with
more than 60% of its operations dedicated to export sales and catering to foreign clients, and generally
to do everything necessary, suitable or proper for the accomplishment of any of the purposes stated
herein, or which shall at any time appear conducive to or expedient for the protection or benefit of the
Corporation.
develop and operate a call center business, which is defined as the provision of customer
relationship management services through various media including, but not limited to, telephone,
facsimile, e-mail, web chat and voice-over internet (VOIP), and any and all allied or related business,
including but not limited to the provision of IT-related support services and the performance of back office
tasks.

3. The business address of the CorporationCorporation is 12/F Robinsons Summit

Centre, 6783 Ayala Avenue, Makati City, Metro Manila 1226, Philippines.

4. The authorized capital stock, outstanding and paid-up capital of the applicant are as
follows:

1*domestic market enterprise - an enterprise which produces goods for sale, renders services to the domestic
market entirely or if exporting a portion of its output fails consistently export at least sixty percent (60%):

**export enterprise - an enterprise wherein a manufacturer, processor or service (including tourism)

enterprise exports sixty percent (60%) or more of its output, or wherein a trader purchases products
domestically or exports sixty percent (60%) or more of such purchases.
 AUTHORIZED OUTSTANDING PAID-UP
P 1,000,000.00 P 1,000,000.00 P 1,000,000.00

5. More than 40% of the outstanding capital stock have been subscribed by non-Philippine
nationals.

6. The alien subscriber(s) of the applicant who are stockholders/partners of existing

corporationCorporation/partnership in the Philippines which is engaged in the same line of business as
that of the applicant are as follows:

NAME NAME OF PERCENTAGE OF NO. OF

CORPORATIONCORPORATION/ SHARE- DIRECTORS
PARTNERSHIP HOLDINGS
n/a

7. That if the applicant shall operate as an export enterprise,

a) will it utilize raw materials from depleting natural resources?

( n/a ) yes ( n/a ) no

b) the applicant undertakes to export at least 60% of its total sales as follows:

Year Products Total Projected Domestic Export Sales Export %

Sales Sales
Volume/Value2

n/a

8. The applicant has no existing technology, knowhow and/or brand name licensing
agreement with Philippine nationals authorizing the latter to assemble, process or manufacture goods for
the domestic market.

9. We manifest our willingness to change our corporate name in the event another person,
firm or entity has acquired a prior right to the use thereof or such name is deceptively or confusingly
similar to one which has prior right.

IN WITNESS WHEREOF, the undersigned authorized representative of the

CorporationCorporation has executed this application on this April 17, 2017May 14, 2018 at Makati City.

2Pls. use value in case of products of different kinds and characteristics as well as to those of the same kind but
with various categories using different unit of measurement, volume in case of products of the same kind or
category using a common unit of measurement.

2
 RODERICK R. C. SALAZAR IIIMARIAN
NORBERT MAJER
Corporate SecretaryTreasurer-in-Trust

SUBSCRIBED AND SWORN TO before me this ________at Makati City, affiant exhibiting to
me his Taxpayer’s Identification Number 490-173-067-000116-284-080.

Doc. No. ______;

Page No. ______;
Book No. _____;
Series of 2018.

iNOTE: Only applications with complete supporting documents including proper endorsements from appropriate
government agencies shall be accepted. SEC shall act on the applications within fifteen (15) working days from
official receipt thereof. In case of dispute regarding the registration, the 15-day processing period shall be deemed
suspended.

List of requirements

1, Application form (5 copies)

2. Articles of Incorporation/partnership
3. Name Verification Slip
4. Bank Certificate of Deposit
5. ACR/ICR, SIRV (Special Investors Resident Visa).
Visa 13 of the alien subscriber
6. Proof of inward remittance such as bank certificate of inward
remittance or credit advices.
7. Registration Data Sheet
8. Treasurers Affidavit
9. Subscribers Information
10. Undertaking to Change Name