Domestic Corporation

Who is qualified to be appointed as a resident agent for a foreign corporation?

Legal Answers /

Who is qualified to be appointed as a resident agent for a foreign corporation? A resident agent may be either an individual residing in the Philippines or a domestic corporation lawfully transacting business in the Philippines (SEC. 144, Revised Corporation Code of the Philippines). An individual designated as a resident agent must meet personal standards, […]

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What is the principle regarding the applicability of Philippine laws to a foreign corporation lawfully doing business in the country?

Legal Answers /

What is the principle regarding the applicability of Philippine laws to a foreign corporation lawfully doing business in the country? A foreign corporation lawfully transacting business in the Philippines shall be bound by all laws, rules and regulations applicable to domestic corporations of the same class (SEC. 146, Revised Corporation Code of the Philippines). This

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