Articles of Incorporation

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The key takeaways are the requirements for incorporating a company in the Philippines including details about the company name and purpose, principal office address, term of existence, incorporators, directors, and authorized capital stock.

The requirements include specifying the company name and purpose, principal office address, term of existence, names and details of incorporators, number and details of initial directors, and details of the authorized capital stock.

The details that need to be provided about the incorporators and initial directors include their names, nationalities, addresses and the number of initial directors.

ARTICLES OF INCORPORATION

OF

___________________________________________
(Proposed Name)

KNOW ALL MEN BY THESE PRESENTS:

The undersigned incorporators, all of legal age and majority of whom are residents of the
Philippines, have this day voluntarily agreed to form a stock corporation under the laws of the
Republic of the Philippines.

THAT WE HEREBY CERTIFY:

FIRST: The name of the said corporation shall be

__________________________________________
(Proposed Name)

SECOND: That the primary purposes of this corporation are:

A. _________________________________________________________________
_________________________________________________________________
_________________________________________________________________
_____________________________________________
B. _________________________________________________________________
_________________________________________________________________
__________________________________________________
C. All the express powers as provided for under Section 36 of the Corporation Code
of the Philippines.

THIRD: That the place where the principal office of the corporation is to be established
is at:

___________________________________________
(Complete Principal Office Address)

FOURTH: That the term for which the corporation is to exist is FIFTY (50) years from
and after the date of issuance of the certificate of incorporation;

FIFTH: That the names, nationalities and residences of the incorporators are as follows:

Name Nationality Address


SIXTH: That the number of directors of said corporation shall be ___ (__) and that the
names, nationalities and residence of the first directors who are to serve until their successors are
elected and qualified as provided by the by-laws are as follows:

Name Nationality Address

SEVENTH: That the authorized capital stock of the corporation is


______________________ (P_______________) pesos in lawful money of the Philippines,
divided into ___________________ (______) shares with the par value of ________________
(P_______) pesos per share.

EIGHTH: That at least 25% of the authorized capital stock has been subscribed and at
least 25% of the total subscription has been paid as follows:

NO OF
SHARES AMOUNT
NAME AMOUNT PAID
SUBS- SUBSCRIBED
NATIONALITY CRIBED
Total

NINTH: No transfer of stock or interest which would reduce the stock ownership of
Filipino citizens to less than the required percentage of the capital stock as provided by the
existing laws shall be allowed or permitted to be recorded in the stocks certificates issued by the
corporation.

TENTH: That ______________________________ has been elected by the subscribers


as Treasurer of the Corporation to act as such until his successor is duly elected and qualified in
accordance with the by-laws; and that as such Treasurer, she has been authorized to receive for
and in the name and for the benefit of the corporation, all subscriptions or donations paid or
given by the subscribers.

ELEVENTH: That the incorporators and directors undertake to change the name of the
corporation 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 custom or public policy.

IN WITNESS WHEREOF, we have hereunto signed these Articles of Incorporation,


this _____ day of ___________________, in _____________________, Republic of the
Philippines.

TIN

TIN

TIN

TIN

TIN
ACKNOWLEDGEMENT

REPUBLIC OF THE PHILIPPINES}


______________________ } S.S.

BEFORE ME, a Notary Public, for and in ______________________ this ____


day of _______________, personally appeared the following persons:

Name
TIN/ID/Passport No.

All known to me and to me known to be the same persons who executed the foregoing Articles
of Incorporation constituting of ____ (___) pages, including this page where the
acknowledgement is written, and they acknowledged to me that the same is their free and
voluntary act and deed.

IN WITNESS WHEREOF, I have hereunto signed and affixed my notarial seal on the date and
at the place first above written.

Doc. No. ___;


Page No. ___;
Book No. __;
Series of ___.

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