抖阴短视频

Small Business Operating Agreement Template for Philippines

Create a bespoke document in minutes, 聽or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Small Business Operating Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership聽of your information

Key Requirements PROMPT example:

Small Business Operating Agreement

"I need a Small Business Operating Agreement for a family-owned restaurant business in Manila, with three siblings as equal partners, including specific provisions for profit sharing and succession planning in case any partner wishes to exit."

Document background
The Small Business Operating Agreement is a crucial document for establishing and managing small businesses in the Philippines. It serves as the primary governing document that outlines how the business will operate, make decisions, and handle various situations that may arise during its lifecycle. This agreement is particularly important in the Philippine context, where small businesses must comply with specific regulations under the Revised Corporation Code, Go Negosyo Act, and local government requirements. The document is designed to protect the interests of all parties involved while ensuring operational efficiency and legal compliance. It becomes especially relevant when establishing new small businesses, bringing in new partners, or formalizing existing business operations. The agreement typically includes provisions for capital contributions, profit sharing, management structure, operational procedures, and dispute resolution mechanisms, all tailored to the Philippine business environment.
Suggested Sections

1. Parties: Identification of all parties to the agreement, including complete legal names and addresses

2. Background: Context of the agreement, business purpose, and relationship between the parties

3. Definitions: Detailed definitions of key terms used throughout the agreement

4. Business Structure and Purpose: Legal structure of the business and its primary objectives

5. Capital Contributions: Initial and ongoing capital contributions of each party

6. Ownership and Profit Sharing: Distribution of ownership interests and profit-sharing arrangements

7. Management and Control: Decision-making processes, voting rights, and management structure

8. Operations: Day-to-day business operations, responsibilities, and procedures

9. Financial Management: Banking, accounting practices, and financial reporting requirements

10. Tax Matters: Tax responsibilities and procedures for filing returns

11. Transfer Restrictions: Limitations on transferring ownership interests

12. Dissolution and Termination: Procedures for business dissolution and agreement termination

13. Governing Law: Specification of Philippine law as governing law and jurisdiction

14. Dispute Resolution: Procedures for resolving conflicts between parties

15. General Provisions: Standard clauses including notices, amendments, and severability

Optional Sections

1. Intellectual Property Rights: Protection and ownership of IP assets when the business involves intellectual property

2. Confidentiality: Non-disclosure provisions when sensitive information is involved

3. Non-Compete: Restrictions on competitive activities when necessary for business protection

4. Employment Matters: Employment policies and procedures if the business has employees

5. Insurance: Required insurance coverage and procedures when specific risks need to be addressed

6. Environmental Compliance: Environmental obligations when business activities have environmental impact

7. Technology and Data Protection: Digital assets and data protection compliance when handling sensitive data

8. Foreign Investment Provisions: Special provisions when foreign investors are involved

Suggested Schedules

1. Schedule A - Initial Capital Contributions: Detailed breakdown of each party's initial capital contributions

2. Schedule B - Asset Register: List of business assets and their ownership status

3. Schedule C - Business Plan: Initial business plan and operational objectives

4. Schedule D - Management Structure: Detailed organizational chart and management responsibilities

5. Schedule E - Financial Procedures: Specific procedures for financial management and reporting

6. Appendix 1 - Required Permits and Licenses: List of necessary government permits and licenses

7. Appendix 2 - Key Performance Indicators: Metrics for measuring business performance

8. Appendix 3 - Specimen Signatures: Authorized signatures for business operations

Authors

Alex Denne

Head of Growth (Open Source Law) @ 抖阴短视频 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions












































Clauses








































Relevant Industries

Retail

Food and Beverage

Technology

Professional Services

Manufacturing

Agriculture

Tourism

E-commerce

Construction

Healthcare

Education

Transportation and Logistics

Real Estate

Creative Industries

Business Process Outsourcing

Relevant Teams

Legal

Finance

Operations

Administration

Compliance

Risk Management

Corporate Governance

Business Development

Human Resources

Executive Leadership

Relevant Roles

CEO

Managing Director

Business Owner

Operations Manager

Legal Counsel

Compliance Officer

Chief Financial Officer

Business Development Manager

Administrative Manager

Human Resources Manager

Company Secretary

Small Business Advisor

Risk Manager

Finance Director

General Manager

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Generic Operating Agreement

A Philippine law-governed agreement establishing operational framework and management structure for business operations between multiple parties.

find out more

Sole Member LLC Operating Agreement

A governing document for single-member LLCs in the Philippines that establishes operational rules and member rights under Philippine law.

find out more

Company Bylaws For LLC

A fundamental corporate governance document that establishes internal rules and procedures for Philippine corporations in compliance with the Revised Corporation Code.

find out more

Operating Agreement For Rental Property LLC

A Philippine-law governed agreement establishing the operational framework and management structure for a rental property LLC, including member rights and property management procedures.

find out more

Amended Operating Agreement

A Philippine law-compliant document that modifies an existing operating agreement, updating terms for business operations and member relationships.

find out more

LLC Capital Contribution Agreement

A Philippine-law governed agreement documenting capital contributions to an LLC and the corresponding ownership interests granted to contributing members.

find out more

Standard Operating Agreement

A Philippine law-governed agreement establishing operational procedures and responsibilities between parties conducting business in the Philippines.

find out more

LLC Agreement

A corporate governance agreement under Philippine law establishing the framework for company operations, management structure, and shareholder relationships.

find out more

LLC Business Partnership Agreement

A Philippine law-governed agreement establishing an LLC partnership structure, defining partner relationships and business operations.

find out more

Standard LLC Agreement

A foundational agreement establishing and governing an LLC under Philippine law, defining ownership, management, and operational structure.

find out more

Small Business Operating Agreement

A legal framework document under Philippine law establishing operational guidelines and governance structure for small businesses, including ownership, management, and compliance requirements.

find out more

Operating Agreement For Corporation

A legal document establishing corporate governance and operational procedures for Philippines-based corporations under local corporate law.

find out more

LLC Operating Agreement For Shared Vacation Home

A Philippine-law governed LLC Operating Agreement establishing the framework for shared vacation home ownership and management through an LLC structure.

find out more

LLC Bylaws

A foundational corporate governance document establishing internal rules and procedures for Philippine LLCs, compliant with local corporate laws.

find out more

Limited Liability Agreement

A Philippine law-governed agreement that defines and limits parties' liability obligations while ensuring compliance with local legal requirements.

find out more

Limited Company Agreement

A comprehensive agreement governing the formation and operation of a limited liability company under Philippine law.

find out more

Joint Operation Agreement

A Philippine law-governed agreement establishing terms and conditions for joint business operations between multiple parties, including management, financial, and operational arrangements.

find out more

Joint Operating Agreement

A Philippine law-governed agreement establishing framework for joint business operations between multiple parties, including management structure, financial arrangements, and operational procedures.

find out more

Holding Company Operating Agreement

A Philippine law-governed agreement establishing the operational and governance framework for a holding company, defining shareholder rights and management structures.

find out more

General Partnership Operating Agreement

A Philippine law-governed agreement establishing the terms and conditions for operating a general partnership, including partner rights, responsibilities, and business management structure.

find out more

Amended Operating Agreement LLC

A legal document modifying an existing LLC's operational framework under Philippine law, updating key aspects of company management and member relations.

find out more

50 50 LLC Operating Agreement

A Philippine-law governed operating agreement establishing a 50-50 LLC structure between two equal members, defining their rights, responsibilities, and business operations.

find out more

Custom Operating Agreement

A Philippine law-governed agreement establishing operational framework and management structure for business entities, defining stakeholder rights and responsibilities.

find out more

LLP Operating Agreement

A Philippine law-governed agreement establishing the operational framework and partner relationships for a Limited Liability Partnership (LLP).

find out more

Limited Partnership Operating Agreement

A Philippine law-governed agreement establishing a limited partnership structure, defining partner roles, contributions, and operational framework.

find out more

LLC Ownership Percentage Agreement

A Philippine law-governed agreement defining ownership percentages and rights among LLC members, including voting and profit-sharing arrangements.

find out more

Member Managed Operating Agreement

A Philippine-law governed agreement establishing the structure and management framework for a member-managed LLC, defining member rights, responsibilities, and operational procedures.

find out more

Operating Agreement For Single Member LLC

A legal document establishing governance and operational framework for a single-member business entity in the Philippines, adapted to comply with Philippine corporate law.

find out more

Bylaws Operating Agreement

A foundational corporate governance document outlining operational rules and procedures for Philippines-based corporations, in compliance with local corporate law.

find out more

Sole Proprietorship Operating Agreement

A Philippine law-governed agreement establishing the operational framework and management protocols for a sole proprietorship business.

find out more

Multi Member LLC Operating Agreement

A Philippine law-governed agreement establishing the operational framework and member relationships for a multi-member Limited Liability Company.

find out more

Member Managed LLC Operating Agreement

A Member Managed LLC Operating Agreement adapted for Philippine law, establishing member rights, responsibilities, and business governance structure.

find out more

Manager Managed LLC Operating Agreement

A Philippine law-governed agreement establishing the operational framework and management structure for a manager-managed LLC, defining member and manager rights and responsibilities.

find out more

Joint Venture Operating Agreement

A Philippine law-governed agreement establishing the operational framework for a joint venture between two or more parties, detailing management, financial, and operational arrangements.

find out more

Partnership Operating Agreement

A Philippine law-governed agreement that establishes the terms, conditions, and operational framework for a business partnership, ensuring compliance with local legislation while defining partner relationships and responsibilities.

find out more

Addendum To Operating Agreement

A Philippine law-governed document that amends an existing Operating Agreement to modify specific terms while maintaining the original agreement's framework.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

骋别苍颈别鈥檚 Security Promise

Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; 骋别苍颈别鈥檚 AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a 拢1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.