Document background
Articles of Incorporation Public represents the founding document required to establish a corporation in the Philippines. This document must be filed with the Securities and Exchange Commission (SEC) and comply with the Revised Corporation Code of the Philippines (RCC). It is used when establishing a new corporation or converting an existing business into a corporate entity. The document contains crucial information including corporate name, purpose, capital structure, governance framework, and incorporator details. Under Philippine law, Articles of Incorporation must be signed by at least five but not more than fifteen incorporators, majority of whom must be residents of the Philippines. The document becomes effective upon approval by the SEC and serves as evidence of corporate existence, defining the corporation's powers, limitations, and basic organizational structure.
