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Charter Articles Of Incorporation
"I need Charter Articles of Incorporation for a new technology startup in Manila with 60% domestic and 40% foreign ownership, planned for registration in March 2025, with provisions for multiple share classes and future venture capital investment."
1. Article I - Corporate Name: States the exact corporate name approved by the SEC, following Philippine naming conventions and restrictions
2. Article II - Corporate Purpose: Detailed description of the primary and secondary purposes of the corporation
3. Article III - Principal Office: Specifies the complete address of the principal office in the Philippines
4. Article IV - Corporate Term: States the duration of corporate existence (typically perpetual under the new RCC)
5. Article V - Capital Structure: Details of authorized capital stock, par value, and classes of shares
6. Article VI - Names, Nationalities, and Residences of Incorporators: Lists all incorporators with their required personal information
7. Article VII - Board of Directors: Number of directors, qualifications, terms, and basic governance structure
8. Article VIII - Officers: Designation of required officers and their basic duties
9. Article IX - Shareholders Meetings: Provisions for annual and special meetings, quorum requirements, and voting rights
10. Article X - Amendment of Articles: Procedure for amending the Articles of Incorporation
1. Article on Preferred Shares: Include when the corporation will issue preferred shares, detailing rights, privileges, and restrictions
2. Article on Foreign Equity Limitations: Required for corporations in nationally restricted industries or with foreign ownership
3. Article on Branch Offices: Include when the corporation plans to establish branch offices
4. Article on Corporate Seal: Optional provision describing the corporate seal and its use
5. Article on Indemnification: Provisions for indemnifying directors and officers
6. Article on Stockholder's Pre-emptive Rights: Include when specific pre-emptive rights arrangements are desired
7. Article on Arbitration: Optional dispute resolution provisions through arbitration
1. Schedule A - Subscription Contract: Details of share subscriptions by initial stockholders
2. Schedule B - Treasurer's Affidavit: Sworn statement regarding paid-up capital
3. Schedule C - Tax Identification Information: Tax details of incorporators and the corporation
4. Schedule D - Secondary Licenses: List of required secondary licenses for regulated industries
5. Schedule E - Foreign Investment Details: Required for corporations with foreign equity
6. Appendix 1 - Board and Shareholder Resolutions: Initial organizational resolutions
7. Appendix 2 - Corporate Governance Manual: Detailed governance procedures and policies
Authors
Financial Services
Technology
Manufacturing
Retail
Real Estate
Healthcare
Education
Professional Services
Construction
Agriculture
Mining
Transportation
Telecommunications
Energy
Tourism
Food and Beverage
Media and Entertainment
Legal
Corporate Secretariat
Compliance
Finance
Board of Directors
Executive Management
Corporate Affairs
Regulatory Affairs
Risk Management
Corporate Planning
Investor Relations
Chief Executive Officer
Corporate Secretary
Legal Counsel
Compliance Officer
Chief Financial Officer
Board Director
Corporate Governance Officer
Managing Director
Company Registrar
Legal Manager
Business Development Manager
Risk Management Officer
Corporate Planning Director
Investor Relations Manager
Regulatory Affairs Manager
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