Document background
Articles of Organization S Corp is a crucial corporate formation document required under Philippine law for establishing a corporation. While the S Corporation designation is primarily a US tax concept, the Articles of Organization in the Philippines must comply with the Revised Corporation Code and SEC regulations. This document is necessary when founders wish to establish a new corporation, providing the legal framework for the entity's existence. It contains essential information such as corporate name, purpose, capital structure, governance framework, and details of incorporators and officers. The document must be filed with the Securities and Exchange Commission (SEC) and forms part of the public record. It serves as the foundation for corporate existence and is referenced throughout the corporation's lifetime for matters relating to corporate governance, compliance, and structural changes. The Articles must also align with Philippine tax laws and regulations, though the specific S Corporation tax treatment common in the US is not directly applicable in the Philippine context.
