Learn the Philippine penalties for dummy stockholders, false SEC declarations, concealed foreign ownership, and beneficial ownership violations.
What Penalties Apply to Dummy Stockholders Hiding Foreign Owners? Read More »
Learn the Philippine penalties for operating without SEC registration, including corporation-by-estoppel and founder liability.
What Are the Penalties for Operating Without SEC Registration? Read More »
Philippine law on corporate treasurer liability for illegal dividends, zero unrestricted retained earnings, and possible civil or criminal consequences.
Can a Corporate Treasurer Be Liable for Illegal Dividends? Read More »
Learn how Philippine investigators identify directors and managers personally responsible for illegal corporate acts during criminal proceedings.
How Are Responsible Corporate Officers Identified? Read More »
Learn when Philippine law and SEC rules may hold silent directors liable for a corporate president’s fraudulent statutory violation.
Can the SEC Hold Silent Directors Liable for Fraud? Read More »
Section 172 of the Revised Corporation Code explains when aiders and abettors may face fines for corporate violations.
What Is Secondary Liability for Corporate Crimes? Read More »
Learn how SEC administrative sanctions differ from criminal fines for corporate offenses under the Revised Corporation Code.
How Do Corporate Administrative Sanctions Differ from Criminal Fines? Read More »
Learn how repeated failure to file GIS and financial statements may result in SEC penalties, delinquent status, revocation, or corporate dissolution.
Can SEC Dissolve Companies for Repeated Reportorial Failures? Read More »
What Are the Maximum Fines for Corporations Running Unlicensed Investment Schemes in the Philippines? Introduction Unlicensed investment schemes pose significant risks to the Philippine economy and the investing public. The government, through the Securities and Exchange Commission (SEC) and relevant statutes, has established stringent penalties for corporations that operate such schemes without proper authorization. This
Learn how Philippine law penalizes directors who ignore internal graft, focusing on Section 168 of the Revised Corporation Code and related legal standards.
How Does Philippine Law Penalize Directors Who Ignore Corporate Graft? Read More »
