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 corporate entities. Furthermore, certain specialized entities, including banks, quasi-banks, insurance, public, and publicly-listed companies, and non-chartered government-owned and -controlled corporations, are prohibited from incorporating as OPCs. A natural person licensed to exercise a profession may generally not organize as an OPC for that profession, unless special laws specifically allow it.
30 October 2025
About Nicolas and De Vega Law Offices
Nicolas and De Vega Law Offices is a full-service law firm in the Philippines. You may visit us at the 16th Flr., Suite 1607 AIC Burgundy Empire Tower, ADB Ave., Ortigas Center, 1605 Pasig City, Metro Manila, Philippines. You may also call us at +632 84706126, +632 84706130, +632 84016392 or e-mail us at [email protected]. Visit our website https://ndvlaw.com/.
