Articles of Limited Partnership
Articles of Limited Partnership
Articles of Limited Partnership
OF
That we, the undersigned partners, all of legal age, residents and citizens of the
Philippines, have on this day voluntarily associated ourselves together for the purpose of forming
a limited partnership under the following terms and conditions and subject to existing and
applicable laws of the Republic of the Philippines:
ARTICLE II. Business Purpose: That the purpose/s for which this partnership is formed
is/are:
ARTICLE III. Principal Place of Business: That the principal place of business of this
partnership shall be located at
(complete address)
ARTICLE IV. Term of Existence: That this partnership shall have a term of _________
years from and after the original recording of its Articles of Partnership by the Securities and
Exchange Commission.
Articles of
Partnership
ARTICLE VI. Capital Contributions: That the capital of this Partnership shall be the
amount of ____________ (P_________), Philippine Currency, contributed in cash by the partners,
as follows:
That no transfer of interest which will reduce the ownership of Filipino citizens to less than
the required percentage of capital as provided by existing laws shall be allowed or permitted to be
recorded in the proper books of the partnership.
ARTICLE VII. Sharing Ratios: That the profits and losses of this partnership shall be
divided and distributed proportionately on the ratio of the capital contribution of each
partner.(Limited partner shall be liable for losses only to the extent of his/her contribution.)
ARTICLE IX. Undertaking to Change Name: That the partners undertake to change
the name of this partnership, as herein provided or as amended thereafter, immediately upon receipt
of notice or directive from the Securities and Exchange Commission that another corporation,
partnership or person has acquired a prior right to the use of that name or that the name has been
declared as misleading, deceptive, confusingly similar to a registered name, or contrary to public
morals, good customs or public policy.
IN WITNESS WHEREOF, we have hereunto affixed our signatures this ____ day of
______, 20___, at ________.
______________________ _______________________
(name of partner) (name of partner)
TIN TIN
______________________ _______________________
(name of partner) (name of partner)
TIN TIN
NOTARY PUBLIC
ACKNOWLEDGMENT
BEFORE ME, a Notary Public for and in the City of Davao, personally appeared
JOHANNI MARI NARTATEZ with Passport number 1645789 issued on July 20, 2018 at Davao
City and Tax Identification Number (TIN) 767619, known to me and to me known to be the
same person who executed the foregoing instrument which he acknowledged to me to be
his free and voluntary act and deed, consisting of only one (1) page, including this page in which
this Acknowledgement is written.
WITNESS MY HAND AND SEAL this 10th of January, 2020 at Davao City, Philippines.