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PCC Guidelines on Letters of Non-Coverage

Philippines | May 04, 2026 | Guidelines on M&A

Parties may write to the Mergers and Acquisitions Office (MAO) Letters of Non-Coverage from Compulsory Notification (LNC) to confirm non-coverage of compulsory notification for their transaction. Transactions that:

  1. Do not breach notification thresholds,
  2. Involve internal restructuring,
  3. Involve consolidation of ownership, and
  4. Concern land acquisitions not for the purpose of obtaining control, may be grounds for
    non-coverage from compulsory notification.

Please refer to the Revised Guidelines on Letters of Non-Coverage from Compulsory Notification dated 29 November 29 2019.