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Articles Of Incorporation Organization
"I need Articles of Incorporation Organization for a new Philippine tech startup with three local founders, planned authorized capital of 10 million pesos, and specific provisions for future venture capital investment to be completed by March 2025."
1. Corporate Name: The complete corporate name that complies with SEC naming regulations and includes 'Corporation', 'Incorporated' or 'Inc.'
2. Purpose Clause: Primary and secondary purposes of the corporation, clearly stating the business activities it will engage in
3. Principal Office: Complete address of the corporation's principal office, which must be located in the Philippines
4. Term of Existence: Statement of corporate term, which may be perpetual under the RCC
5. Capital Structure: Details of authorized capital stock, par value, and classes of shares if applicable
6. Names, Nationalities, and Residences of Incorporators: Information about the incorporators, who must be natural persons, majority of whom must be residents of the Philippines
7. Board of Directors: Number of directors, qualifications, term of office, and manner of election/selection
8. Subscription and Payment of Subscription: Details of share subscription by incorporators and payment of such subscription
1. Corporate Officers: Specific provisions about officer positions beyond the mandatory ones, useful for corporations with specialized management structures
2. Special Provisions: Additional provisions for specific corporate governance requirements or business needs
3. Foreign Ownership Provisions: Required for corporations with foreign investors, specifying ownership structures and compliance with Filipino ownership requirements
4. Voting Rights and Preferences: Detailed provisions about different share classes and their corresponding voting rights, needed if issuing preferred shares or multiple share classes
5. Transfer Restrictions: Provisions limiting the transfer of shares, useful for closely held corporations
1. Schedule A - Share Capital Structure: Detailed breakdown of share classes, rights, and distribution among incorporators
2. Schedule B - Incorporators' Information: Detailed information about incorporators including their TIN, contact details, and share subscription
3. Schedule C - Initial Directors and Officers: Complete list of initial directors and officers with their personal information and qualifications
4. Schedule D - Secondary Purposes: Detailed list of secondary business purposes if any
5. Appendix 1 - Treasurer's Affidavit: Sworn statement by the Treasurer regarding the paid-up capital
6. Appendix 2 - Tax Identification Information: Compilation of tax identification numbers and registration information for all incorporators
Authors
Financial Services
Manufacturing
Technology
Retail
Real Estate
Healthcare
Education
Agriculture
Mining
Construction
Transportation
Tourism
Professional Services
Energy
Telecommunications
Media and Entertainment
Legal
Corporate Secretariat
Compliance
Finance
Corporate Affairs
Risk Management
Treasury
Board Secretariat
Corporate Governance
Regulatory Affairs
Chief Executive Officer
Company Secretary
Corporate Lawyer
Legal Counsel
Compliance Officer
Chief Financial Officer
Business Development Manager
Corporate Governance Officer
Board Director
Managing Director
Finance Manager
Corporate Affairs Manager
Risk Management Officer
Investment Relations Officer
Treasury Manager
Company Registrar
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