The Revised Corporation Code allows one (1) incorporator for a One Person Corporation (OPC) while a corporation that is not an OPC requires at least two (2) but not more than fifteen (15) incorporators.
How Many Incorporators are Required to Form a Corporation? Read More »
There is NO minimum number of shares of stock required for a corporation to possess. However, certain industries or corporations with foreign equity are required to have a minimum paid-up capital.
What is the Minimum Number of Shares of Stock to Form a Corporation? Read More »
This article talks about the police power of a local government unit such as city, including the limitations thereof. When lotto and casinos are allowed by the state, a city, through an ordinance, cannot ban the operations thereof in its territory.
Can a City Ban the Operation of Lotto and Casinos in its Territory? Read More »
This article talks about the crime of alarms and scandals such as discharging explosives, making loud noises, disturbing public peace and making a scandal in public punishable under the Revised Penal Code of the Philippines.
Being Loud Can Be a Crime! Read More »
This article talks about the police power of the state and how it should be lawfully exercised by the government under the Philippine Constitution.
Police Power of the State Read More »
This article talks about the crime of serious physical injuries, less serious physical injuries, slight physical injuries and maltreatment punishable under the Revised Penal Code of the Philippines.
The Crime of Physical Injuries under Philippine Law Read More »
This article is about Republic Act 11596 which criminalizes and punishes child marriages and cohabitation with children.
CRIMES INVOLVING CHILD MARRIAGES AND ILLICT RELATIONSHIPS WITH THEM Read More »
his article discusses Republic Act 11337, the law that supports startup companies and business in the Philippines
Republic Act 11337 also known as the Innovative Startup Act Read More »
This article talks about Republic Act No. 11765, also known as “Financial Products and Services Consumer Protection Act”. This law aims to protect consumers of financial products and services.
New Law to Protect Consumers of Financial Products and Services Read More »
This article talks about Republic Act No. 11711 which amended the old Contractor’s License Law, and increased the fines and penalties, clarified the validity of license to operate and granted longer renewal periods for contractors in good standing.
Stricter Requirements and Penalties for Contractors Imposed Read More »
