Spain signs sponsorship agreement with Philippine company to celebrate National Day in Manila
22 Jul 2026Effective: 22 Jul 202625 views
Who is affected:
Embassy of Spain in the Philippines and Kareila Management Corporation
Summary
The Embassy of Spain in the Philippines agrees with Kareila Management Corporation on the sponsorship of Spain's National Day on October 12, 2026 in Manila for 100,000 Philippine pesos.
Detailed analysis
PRO
The Embassy of Spain in Manila enters into a patronage agreement with Kareila Management Corporation (S&R) to finance the celebration of Spain's National Day on October 12, 2026. The company contributes 100,000 Philippine pesos (PHP) at no cost to the Embassy, in accordance with Law 49/2002 on tax incentives for patron…
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