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Memorandum Of Association Of Educational Company
"I need a Memorandum of Association of Educational Company for a new private technical-vocational training institute in Manila, with an authorized capital of 5 million pesos, incorporating provisions for both online and in-person learning programs to launch in March 2025."
1. Name and Location: The registered name of the educational institution and its principal office address
2. Purposes and Objectives: Primary and secondary purposes of the educational institution, including specific educational programs to be offered
3. Capital Structure: Authorized capital stock, par value, and subscription requirements as per SEC regulations
4. Names, Nationalities, and Residences of Incorporators: Details of the founding members including their citizenship to ensure compliance with foreign ownership restrictions
5. Board of Directors/Trustees: Composition, qualifications, terms, and powers of the governing board
6. Officers: Positions, duties, and responsibilities of corporate officers
7. Stockholders/Members: Rights, responsibilities, and voting powers of stockholders/members
8. Meetings: Procedures for regular and special meetings, including quorum requirements
9. Amendments: Process for amending the Memorandum of Association
10. Term of Existence: Duration of the corporation's existence as per Philippine law
11. Dissolution: Procedures for dissolution and distribution of assets
1. Branch Establishments: Include when the institution plans to operate multiple campuses or branches
2. Special Programs: Include when offering specialized educational programs or international curricula
3. Research and Development: Include for institutions planning to conduct educational research or innovative programs
4. International Partnerships: Include when planning collaborations with foreign educational institutions
5. Foundation Status: Include if registering as a non-stock, non-profit educational foundation
6. Technology and Distance Learning: Include for institutions planning to offer online or hybrid learning programs
7. Endowment Funds: Include when establishing special funds for scholarships or institutional development
1. Schedule A - Share Capital Details: Detailed breakdown of share classes, rights, and restrictions
2. Schedule B - Initial Subscribers: List of initial shareholders/members with their corresponding subscriptions
3. Schedule C - Property Contributions: Details of any property or assets being contributed to the institution as capital
4. Schedule D - Educational Programs: Comprehensive list of planned educational programs and courses
5. Schedule E - Facilities and Resources: Description of physical facilities, equipment, and educational resources
6. Appendix 1 - Organizational Structure: Detailed organizational chart and governance structure
7. Appendix 2 - Academic Policies: Basic framework of academic policies and standards
8. Appendix 3 - Financial Framework: Financial management policies and procedures
Authors
Education
Higher Education
Professional Training
Corporate Services
Legal Services
Educational Technology
Academic Research
Private Education
Educational Management
Legal
Corporate Governance
Academic Administration
Board of Directors
Executive Leadership
Compliance
Finance
Academic Affairs
Corporate Secretariat
Educational Operations
CEO/President
School Director
Corporate Secretary
Legal Counsel
Compliance Officer
Educational Administrator
Board Member
Academic Director
Chief Financial Officer
School Principal
Corporate Governance Officer
Registrar
Department Head
Academic Program Director
Investment Relations Officer
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