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    Articles of Partnership

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    Eem Eem Pangandaman
    This document amends the articles of partnership for ABC Company. It outlines the following key points: 1) ABC Company is a general partnership located in Makati City, Philippines between three partners - Kim Chui, Xian Lim, and Paulo Avelino - who each contributed 500,000 pesos of capital. 2) The partnership will exist for 5 years and is formed to produce travel organizers and other travel items. 3) Profits and losses will be divided proportionately among the partners, and Kim Chui will serve as general manager to oversee management of the partnership.

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    Articles of Partnership

    Uploaded by

    Eem Eem Pangandaman
    18 views5 pages
    This document amends the articles of partnership for ABC Company. It outlines the following key points: 1) ABC Company is a general partnership located in Makati City, Philippines between three partners - Kim Chui, Xian Lim, and Paulo Avelino - who each contributed 500,000 pesos of capital. 2) The partnership will exist for 5 years and is formed to produce travel organizers and other travel items. 3) Profits and losses will be divided proportionately among the partners, and Kim Chui will serve as general manager to oversee management of the partnership.

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    This document amends the articles of partnership for ABC Company. It outlines the following key points: 1) ABC Company is a general partnership located in Makati City, Philippines between three partners - Kim Chui, Xian Lim, and Paulo Avelino - who each contributed 500,000 pesos of capital. 2) The partnership will exist for 5 years and is formed to produce travel organizers and other travel items. 3) Profits and losses will be divided proportionately among the partners, and Kim Chui will serve as general manager to oversee management of the partnership.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    18 views5 pages

    Articles of Partnership

    Uploaded by

    Eem Eem Pangandaman
    This document amends the articles of partnership for ABC Company. It outlines the following key points: 1) ABC Company is a general partnership located in Makati City, Philippines between three partners - Kim Chui, Xian Lim, and Paulo Avelino - who each contributed 500,000 pesos of capital. 2) The partnership will exist for 5 years and is formed to produce travel organizers and other travel items. 3) Profits and losses will be divided proportionately among the partners, and Kim Chui will serve as general manager to oversee management of the partnership.

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    © All Rights Reserved
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    Articles of General Partnership

    Articles of Partnership
    of
    ABC COMPANY

    KNOW ALL MEN BY THESE PRESENTS:

    That, we the undersigned, all of legal age and residents of the


    republic of the Philippines, have agreed to amend a general partnership under
    the terms and conditions herein set forth and subject to the provisions of
    existing laws of the Republic of the Philippines.

    AND WE HEREBY CERTIFY:


    ARTICLE I. That the name of the partnership shall be ABC
    COMPANY.

    ARTICLE II. That the principal office of the Partnership shall be


    located MAKATI CITY.

    ARTICLE III. That the names, citizenship, and residence of the


    partners of said partnership are as follows:
    Name Residence Citizenship
    KIM CHUI PASIG CITY FILIPINO
    XIAM LIM PASIG CITY FILIPINO
    PAULO QUEZON CITY FILIPINO
    AVELINO

    ARTICLE IV. That the term for which said partnership is to exist is
    FIVE YEARS (5) years from the original recording of the said partnership by
    the Securities and Exchange Commission.

    ARTICLE V. That the purposes for which said partnership is


    performed are as follows: FOR THE PRODUCTION OF TRAVEL ORGANIZERS
    AND OTHER TRAVEL USE STUFFS.
    ARTICLE VI. That the capital of this partnership shall be One
    Million Five Hundred Thousand Pesos, Philippine Currency contributed in
    cash by the partners as follows:

    Name Amount Contributed


    KIM CHUI P 500,000.00
    XIAN LIM P 500,000.00
    PAULO AVELINO P 500,000.00
    TOTAL P 1,500,000.00

    That no transfer which will reduce the ownership of Filipino


    citizens to less than the required percentage of capital shall be recorded in the
    proper books of the partnership.

    ARTICLE VII. That the profits and losses shall be divided pro-rata
    among the partners.

    ARTICLE VIII. That the firm shall be under the management of


    KIM CHUI as General Manager and as such he/she shall have charge of the
    management of the affairs of the partnership.

    ARTICLE IX. That the partners undertake to change the name of


    the partnership immediately upon receipt of notice or directive from the
    Securities and Exchange Commission that another partnership, corporation or
    person has acquired a prior right to the use of that name or that the name has
    been declared misleading, deceptive, confusingly similar to a registered name,
    or contrary to public morals, good customs or public policy.

    IN WITNESS WHEREOF, we have hereunto set our hands this


    ______ day of __________________, 2______ at ________________, Philippines.

    XIAN LIM
    KIM CHUI
    Signature of Partners
    Signature of Partners

    PAULO AVELINO
    Signature of Partners
    Signed in the presence of:
    ________________________

    ________________________

    ACKNOWLEDGMENT

    Republic of the Philippines)


    City of Pasig )s.s.

    BEFORE ME, a Notary Public, this ___ day of ________________,


    2024, personally appeared the following:

    Name Government Issued ID


    KIM CHUI
    PAULO AVELINO
    XIAN LIM

    This Document, consisting of Three (3) pages, including the page


    on which this acknowledgment is written, has been signed on the left
    margin of each and every page thereof by the concerned parties and
    their witnesses, and sealed with my notarial seal. IN WITNESS
    WHEREOF, we have hereunto set our hands on the day, year and place
    above written.

    Notarized by: Atty. JEHANIMAH SAMSODEN SGD.


    NOTARY PUBLIC
    Doc. No.578;
    Page No. 69;
    Book No.IV;
    Series of

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