This article talks about the liability of corporate officers for corporate acts of the corporation under Philippine law.
Can Corporate Officers be Liable in their Personal Capacity for Corporate Acts? Read More »
Directors and trustees of a corporation are not automatically entitled to compensation for their services.
Compensation of Directors or Trustees of a Corporation Read More »
This article discusses what every director needs to know about criminal, civil and administrative liability for directors under the revised corporation code.
Liability for Directors: 7 Important Insights into Philippine Corporate Governance Read More »
Introduction The Revised Corporation Code of the Philippines, enacted through Republic Act 11232, marks a significant shift in the landscape of corporate governance and business operations within the country. Signed into law on February 20, 2019, this new code aims to modernize corporate procedures, enhance ease of doing business, and promote good governance practices among
Understanding the Changes in the Revised Corporation Code of the Philippines Read More »
This article discusses the functions, office, qualifications duties, and responsibilities of a Corporate Treasurer under the Revised Corporation Code of the Philippines.
The Qualifications, Duties and Responsibilities of a Corporate Treasurer Read More »
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 is all about corporate proxies, their use, and the laws and regulations that govern them in the Philippines.
Directors are elected by the stockholders of a corporation in an election held where the owners of majority of the outstanding capital stock, whether in person or through proxy, are present.
A trade name pertains to the identity of a company and is given protection by the law even prior to or without registration, against any unlawful act committed by third parties. The right to the exclusive use of a corporate name with freedom from infringement by similarity is determined by priority of adoption. The injured company can seek relief from the SEC.
