Rachel P. Follosco is the Practice Head for Taxation, Corporate and Commercial, Labour and Data Privacy at FMH.
She earned her Bachelor of Laws from the University of the Philippines and also graduated Magna Cum Laude with a degree in Business Administration and Accountancy.
From 1993 to 1996, she worked with the Philippine firm associated with Baker & McKenzie, where she specialized in the Tax, Commercial, and Corporate practice areas of the firm. She has extensive exposure in international taxation, tax structuring, and tax planning in relation to property acquisition, financing, and capital investment transactions. She is a tax consultant for various USAID-funded projects for the Bureau of Internal Revenue, particularly the taxation of the telecommunications industry and projects focused on improving business competitiveness in the Philippines. In addition, she was a senior lecturer in Taxation Law, Banking and Finance, and Legal Accounting at the University of the Philippines from 1994 to 2000 and in 2009.
In the corporate field, Rachel has extensive experience in assisting foreign investors in the registration of their Philippine business entities, structuring of their Philippine investments, and addressing their other common legal concerns with respect to their business operations, including all regulatory compliance. She authored/co-authored and updates the Philippine section of the International Tax and Investment Service (published by Tolley Lexis Nexis), International Joint Ventures (published by Kluwer Law International), International Secured Transactions (published by Thomson Reuters) and International Banking Law and Regulation (published by Thomson Reuters).
Since 1997, Rachel has conducted several labour law seminars and workshops and has been engaged to render extensive HR consultancy work to include compensation and benefits package planning and review, drafting of employment-related contracts, and preparation of HR policies manuals, company rules and regulations, and labour law manuals. She is also a Certified International Privacy Manager (CIPM) by the International Association of Privacy Professionals.