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Work +63 2 830 8000
Fax +63 2 403 7007/7009
Cebu, Davao, Manila

Eusebio V Tan

Work (632) 830 8000
Angara Abello Concepcion Regala & Cruz Law Offices (ACCRALaw)

Work Department

Corporate & Special Projects


Senior Partner Practice Areas: Banking Law | Business Law | Capital Markets & Securities | Commercial Law | Construction Law | Contracts | Corporate Law | Energy, Gas & Oil | Finance | Government Contracts, Public Private Partnership Arrangements and Privatization Projects | Investment Law | Mergers & Acquisitions | Telecommunications & Public Utilities


Mr. Tan has advised senior managements, boards of directors, independent committees of boards, and major stockholders of both public and private corporations on strategies to be applied in major transactions and projects and in the implementation thereof. He has represented international and domestic banks (lenders) and various corporations (as borrowers) in major loan transactions. He acts as Corporate Secretary and in certain cases, also as a member of the board of directors, of several large corporations. He has advised clients in connection with large construction projects and build-operate-transfer undertakings, as well as in large privatization/public-private-partnership projects. He led teams that obtained full banking licenses for major foreign banks, under the Foreign Banks Liberalization Law of the Philippines (R.A. no. 7721). He has advised on numerous joint venture projects involving foreign investors and Philippine joint venture partners.


English and Filipino


Mr. Tan is a member of the Rotary Club of Manila and through the years has been elected to various positions- Deputy Sergeant-at-Arms 2007; Director 2008; Assistant Secretary 2009, Director 2010, 2012, 2013; Vice President-Elect 2013. MERITAS Law Firms Worldwide - Member, Board of Directors (2008-2011); Member, Quality Assurance Committee (2013-date); Member, Strategic Planning Committee (2013-date); Member, Chair-Elect Nominating Committee (2013); Integrated Bar of the Philippines (“IBP”) – Member (1976-date), Treasurer, IBP Pasay, Makati, Mandaluyong, San Juan Chapter, 1987-89; Director, IBP Pasay, Makati, Mandaluyong, San Juan Chapter, 1989-91, Vice-President, IBP Makati City Chapter, 1991-93, Member, IBP National Committee on Legal Aid, 1991-93, President, IBP Makati City Chapter, 1993-95, Ex-Officio Director, IBP Makati City Chapter, 1995-97; Philippine Bar Association - Member;  Inter-Pacific Bar Association (“IPBA”) - Charter Member, Jurisdictional Council Member for the Philippines, Membership Contact Person for the Philippines, and Vice-Chairperson of the Cross Border Investment Committee; International Bar Association (“IBA”) - Member, Section on Business Law; Financial Executives Institute of the Philippines (“FINEX”) - Member, Tax and Legal Committee, Programs Committee, Elections Committee, Corporate Finance Committee, Director (2013-2014); Trustee, FINEX Research & Development Foundation, Inc. (2012); LAWASIA, Member; Management Association of the Philippines (“MAP”) - President (2010-2011), Member, Board of Governors (2009-2011), Chairman-Fellowship and Sports Committee (2008 and 2013), Member-Golf Sub-Committee, Membership Committee, Governor-in-Charge, Chapters Committee and Sports Committee (2009); Philippine Chamber of Commerce and Industry - Member-representative for ACCRALAW; Makati Business Club - Member; Philippines-Japan Economic Cooperation Committee, Inc. – Member, Board of Trustees, Chairman (2011-2013); Member, Board of Advisers (2013-2014); The Philippines-Japan Society, Inc. – Member, Board of Directors.


Mr. Tan graduated from the De La Salle University, Bachelor of Arts, major in Economics (Accelerated Honors Program), summa cum laude, 1971. He obtained his Bachelor of Laws degree in 1975 from the Ateneo de Manila University. Mr. Tan received his Master of Laws degree from Columbia University in 1979.


AWARDS AND CITATIONS: General Excellence Gold Medal and Dr. Jose Rizal Honors Society Membership Ring awarded by the De La Salle University upon graduation in 1971; Second Honors Silver Medal awarded by the Ateneo de Manila University, College of Law, upon graduation in 1975; Life Member, MAP; Life Member, FINEX.


Banking and finance

Within: Banking and finance

Eusebio Tan leads the team at Angara Abello Concepcion Regala & Cruz Law Offices (ACCRALaw), which also includes Andre Navato, Jr. It acts for international lenders, including Rabobank.

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Capital markets

Within: Capital markets

Angara Abello Concepcion Regala & Cruz Law Offices (ACCRALaw)’s department is headed by Eusebio Tan and includes Judy Hao, who advised Ayala Land on a PHP16bn top-up placement. Other clients include BDO Capital & Investment Corporation and Cirtek Holdings Philippines Corporation.

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Corporate and M&A

Within: Leading individuals

Eusebio Tan - Angara Abello Concepcion Regala & Cruz Law Offices (ACCRALaw)

Within: Corporate and M&A

Eusebio Tan heads the practice at Angara Abello Concepcion Regala & Cruz Law Offices (ACCRALaw), which also includes Judy Hao. Clients include Rizal Commercial Banking Corporation and GlaxoSmithKline. Elaine Reyes-Rodolfo made partner in April 2016.

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Projects and energy

Within: Projects and energy

Eusebio Tan leads the team at Angara Abello Concepcion Regala & Cruz Law Offices (ACCRALaw), with support from Brigida Aldeguer, Aison Velasco and Melissa Velarde. It is particularly strong in the natural resources and power sectors, and is increasingly active in renewables.

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Legal Developments in Philippines

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • ALB: “Enforcement Update: Philippine Competition Act”

    The August 2017 issue of the Asian Legal Business (ALB)  includes a Philippine regional update by SyCipLaw partner  Arlene M. Maneja entitled, “Enforcement Update: Philippine Competition Act”. The article summarizes the administrative, civil and criminal penalties that apply to companies that have yet to comply with the Philippine Competition Act (PCA). The transitional clause of the PCA to enable parties to renegotiate agreements or restructure their businesses to comply with the law expired on August 7, 2017.
  • CPO: “Philippines: To Be or Not To Be a Data Protection Officer (DPO)”

    Chief Privacy Officer (CPO) Magazine, an online publication owned by Data Privacy Asia, featured an article by SyCipLaw partner Rose Marie M. King-Dominguez . Entitled “Philippines: To Be or Not To Be a Data Protection Officer (DPO) ”, the article discusses the qualifications and responsibilities of a DPO as outlined in the Philippine Data Privacy Act of 2012. It also outlines difficulties companies may experience in the appointment of a DPO.
  • ALB: “Guidelines on Related Party Transactions for Insurers in the Philippines”

    The July 2017 issue of the Asian Legal Business (ALB) includes a Philippine regional update by SyCipLaw partner Hiyasmin H. Lapitan and associate Jo Margarette W. Remollo entitled, “Guidelines on Related Party Transactions for Insurers in the Philippines ”. The article summarizes the Insurance Commission’s compliance guidelines on related party transactions, as set out in Insurance Circular Letter No. 2017-29. The Circular covers insurers, reinsurers, branch offices of foreign insurers, mutual benefit associations, pre-need companies, and health maintenance organizations and their intermediaries.
  • Philippines Chapter in The Tax Disputes and Litigation Review - Edition 5

    The Philippines section of The Tax Disputes and Litigation Review - Edition 5 contains information on commencing disputes, including national and local taxes; courts and tribunals; penalties and remedies; tax claims, including recovering overpaid taxes, challenging administrative decisions, and claimants; costs; alternative dispute resolution; anti-avoidance; double taxation treaties; areas of focus; and outlook and conclusions. The section was contributed by SyCipLaw partner  Carina C. Laforteza  with support from associate  Mark Xavier D. Oyales .
  • IFLR: “Philippines: Acquiring insurance brokers”

    The April issue of the International Financial Law Review (IFLR) includes an international briefing article by SyCipLaw partner  Hiyasmin H. Lapitan  entitled “Philippines: Acquiring insurance brokers”. The article discusses the new requirement by the Philippine Insurance Commission (IC) for advance approval to acquire a stake in a Philippine corporation that is licensed as an insurance broker or reinsurance broker. This requirement is noted in the IC’s circular letter number 2017-09 dated February 14, 2017, which prescribes guidelines on the documentation requirements for acquiring a domestic insurance or reinsurance broker.
  • SyCipLaw Tax Bulletin: Philippine BIR Rules on Proper Tax Treatment of Passed-on Gross Receipts Tax

    On June 13, 2016, the then Commissioner of Internal Revenue issued Revenue Memorandum Circular No. 62-2016 purporting to clarify the proper tax treatment of percentage tax or gross receipts tax (GRT) due on transactions covered by Sections 1211 and 1222 of the Tax Code which are shifted through contractual stipulations to borrowers/customers/clients (“passed-on” GRT). Banks, non-bank financial intermediaries performing quasi-banking functions are subject to GRT under Section 121 while financing companies and other financial intermediaries not performing quasi-banking functions are subject to GRT under Section 122. The effectivity of this circular was suspended on July 1, 2016 by the new Commissioner of Internal Revenue. However, on November 15, 2016, the suspension was lifted by RMC No. 127-2016 rendering RMC No. 62-2016 effective immediately.
  • Philippine Court of Appeals Denies Issuance of Environmental Protection Order Against Mining Company

    In a decision issued on March 8, 2017, the Philippine Court of Appeals (CA) denied the petition by NGO Ang Aroroy ay Alagaan, Inc. and certain individuals, for the issuance of a writ of kalikasan against Filminera Resources Corporation, and its directors and officers. The petitioners have claimed that Filminera, which operates in the Philippine province of Masbate, had been causing environmental damage in the conduct of its mining operations in violation of local law, and that a writ of kalikasan should be issued.
  • SyCipLaw TMT Bulletin: Philippine Central Bank Issues New FinTech Rules

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  • IFLR: “Philippines: Foreign equity ownership decision”

    The March issue of the International Financial Law Review ( IFLR ) includes an international briefing article by SyCipLaw partner  Jose Florante M. Pamfilo  entitled “Philippines: Foreign equity ownership decision”. The article discusses the Philippine Supreme Court decision on the case of Roy v. Herbosa (GR no. 207246) to invalidate the Securities and Exchange Commission (SEC) Memorandum Circular no. 8-2013 (MC 8-2013) on the guidelines on compliance with the Filipino-foreign ownership requirements prescribed in the Philippine Constitution and/or existing laws by corporations engaged in nationalized and partly nationalized activities.
  • Doing Business 2017: Equal Opportunity for All

    The World Bank Group has released its Doing Business 2017: Equal Opportunity for All report. This is the 14th in an annual series of reports providing objective measures of business regulations and their enforcement in 190 economies. The report focuses on measuring regulations affecting 11 areas: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, resolving insolvency, and labor market regulation.