Who is defined as an “Author” under the law?
An author is the natural person who creates a work, serving as the primary copyright holder under the law.
Transparency in Corporate Governance: An Explainer on the Revised Beneficial Ownership Disclosure Rules of 2026 (SEC MC No. 15, s. 2025)
This article talks about SEC Memorandum Circular No. 15 (2025) or the Revised Beneficial Ownership Disclosure Rules of 2026 which implements a rigorous transparency framework requiring corporations to identify the natural persons who exercise ultimate effective control over their operations.
Who may form a One Person Corporation (OPC), and what restrictions apply to the incorporator?
Who may form a One Person Corporation (OPC), and what restrictions apply to the incorporator? A One Person Corporation (OPC) is defined as a corporation with a single stockholder (SEC. 116, Revised Corporation Code of the Philippines). Only a natural person, a trust, or an estate may form an OPC, restricting its use by other
