Philippine partnership law

Sole Proprietorship, Corporation or Partnership: Choosing your business enterprise

In doing business, there are various forms of business entities to consider, the most common forms of which are 1) single proprietorships, 2) corporations, and c) partnerships. A single proprietorship is a business operated by a single individual. Registration of single proprietorships would take between 1-2 days, and the documentary requirements of the Department of […]

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How to Form a Partnership in the Philippines

If you are interested in engaging in business or practicing your profession with some colleagues, a partnership may be the proper vehicle. The Philippine Civil Code provides for a definition of a partnership as follows: Art. 1767. By the contract of partnership two or more persons bind themselves to contribute money, property, or industry to

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