Document background
The Limited Company Agreement serves as the foundational document for establishing and operating a limited liability company in the Philippines. This document is essential when two or more parties wish to form a corporation under Philippine law, particularly under the framework of the Revised Corporation Code. It details the rights and obligations of shareholders, corporate governance structures, and operational procedures while ensuring compliance with Philippine regulatory requirements. The agreement is typically used during company formation or when restructuring existing corporate arrangements, and it must align with SEC regulations and other relevant Philippine laws. It provides crucial protection for shareholders' interests while establishing clear guidelines for company management and operation.
