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1 [ REPUBLIC ACT NO. 11232 ]
https://www.sec.gov.ph/wp-content/uploads/2019/11/2019Legislation_RA-11232-REVISED-CORPORATION-CODE-2019.pdf
Code of the Philippines”. SEC. 2. Corporation Defined. – A corporation is an artificial being created by operation of law, having the right of succession ...
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2 Corporation Definition - Shopify Philippines - Shopify
https://www.shopify.com/ph/encyclopedia/corporation
A corporation is a business entity that is owned by its shareholder(s), who elect a board of directors to oversee the organization's activities.
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3 Philippine corporation Definition | Law Insider
https://www.lawinsider.com/dictionary/philippine-corporation
Philippine corporation means a corporation organized under Philippine laws at least sixty percent (60%) of the voting capital of which is owned and held by ...
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4 CORPORATION - CHAN ROBLES & ASSOCIATES LAW FIRM
https://www.chanrobles.com/legal5cc1a.htm
Corporation, definition:​​ Within the context of Philippine law, a "corporation" is treated as an artificial being created by operation of law, having the right ...
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5 Act No. 1459 - LawPhil
https://lawphil.net/statutes/acts/act_1459_1906.html
- Public corporations are those formed or organized for the government of a portion of the state. Private corporations are those formed for some private purpose ...
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6 Corporation Code Philippines Title I
https://www.dayananconsulting.com/the-corporation-code-of-the-philippines-1/
Section 2. Corporation defined. – A corporation is an artificial being created by operation of law, having the right of succession and the powers, attributes ...
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7 How to Setup a Corporation in the Philippines
https://www.tripleiconsulting.com/corporation/
TYPES OF BUSINESSES IN THE PHILIPPINES · A domestic corporation is the closest counterpart of a Limited Liability Company (LLC) or a Private Limited Company (PLC) ...
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8 Setting up a corporation in the Philippines - Meer Law
https://meerlaw.ph/areas-of-practice/corporate/setting-up-a-corporation-in-the-philippines/
A corporation is formed upon the issuance of a Certificate of Registration by the Philippine Securities and Exchange Commission (“SEC”) together with the ...
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9 How To Register a Domestic Corporation in the Philippines
https://philippinesbusinessregistration.com/company-registration/subsidiary-corporation/
A Domestic Corporation is a business entity that is organized, registered, and existing under Philippine laws. It is an artificial being created by ...
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10 Overview of the Corporate structure in the Philippines - Emerhub
https://emerhub.com/philippines/corporate-structure-in-the-philippines/
Shareholders of a corporation in the Philippines have limited liability. As such, they will not be personally liable for the corporation's debts ...
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11 Law on Corporation | TITLE I. GENERAL PROVISIONS ...
https://www.oercommons.org/authoring/19413-law-on-corporation/2/view
Sec. 2. Corporation defined. - A corporation is an artificial being created by operation of law having the right of succession and the powers, ...
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12 Corporation: What It Is and How to Form One - Investopedia
https://www.investopedia.com/terms/c/corporation.asp
A corporation is a legal entity that is separate and distinct from its owners. Under the law, corporations possess many of the same rights and ...
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13 Revised Corporation Code of the Philippines - Official Gazette
https://www.officialgazette.gov.ph/downloads/2019/02feb/20190220-RA-11232-RRD.pdf
The board of directors, where authorized in the articles of incorporation, may fix the terms and conditions of preferred shares of stock or any ...
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14 Corporation Code(Philippines) - SlideShare
https://www.slideshare.net/JuanAcco/corporation-codephilippines
Title of the code. – This Code shall be known as “The Corporation Code of the Philippines.” Sec. 2. Corporation defined. – A corporation is an ...
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15 Establishing a business in the Philippines | Practical Law
https://content.next.westlaw.com/4-554-8907?__lrTS=20201208185015974
It processes and approves the incorporation of a domestic corporation, which (along with a branch office) is the form most commonly used by a foreign company to ...
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16 Institute of Corporate Directors THE ROLE OF THE BOARD ...
https://www.oecd.org/corporate/ca/corporategovernanceprinciples/1873206.pdf
Corporate governance practice in the Philippines has been shaped by various laws and by the prevailing business structure. The laws are broadly consistent with ...
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17 Revised Corporation Code: Title XV – Foreign Corporations
https://taxacctgcenter.ph/revised-corporation-code-ra-11232-title-xv-foreign-corporations-philippines/
It shall have the right to transact business in the Philippines after obtaining a license for that purpose in accordance with this Code and a certificate of ...
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18 Article of Incorporation and By-Laws - Top Frontier
https://topfrontier.com.ph/index.php/sp/about/45.html
... to form a stock corporation under the laws of the Republic of the Philippines. ... provided that the corporation shall not engage in the business of an ...
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19 Glossary: The Revised Corporation Code (Philippines)
https://pnl-law.com/blog/glossary-for-the-revised-corporation-code/
Corporations. A corporation is an artificial being created by operation of law, having the right of succession and the powers, attributes, and ...
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20 On Corporate Officers: Who Can Be Officers of a Corporation?
https://ndvlaw.com/on-corporate-officers-who-can-be-officers-of-a-corporation/
Republic Act No. 11232, otherwise known as the Revised Corporation Code of the Philippines (“Revised Corporation Code”) is the law which provides for the ...
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21 corporations | Wex | US Law | LII / Legal Information Institute
https://www.law.cornell.edu/wex/corporations
Corporations are entities that act as a single, fictional person. Much like an actual person, a corporation may sue, be sued, lend, and borrow.
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22 Doing Business in the Philippines - SyCipLaw
https://www.syciplaw.com/documents/LegalResources/2020/SyCipLaw%20-%20Doing%20Business%20in%20the%20Philippines%20(A%20General%20Guide)%20(updated%20June%2012%202020).pdf
This guide, which focuses on how foreign corporations can set up a legal presence in the. Philippines, was first published in 2015, when our firm celebrated ...
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23 (RA 11232) Revised Corp Code of the PH - TITLE 1 (Part 1)
https://www.youtube.com/watch?v=6G3HqOpuTBY
Nov 29, 2020
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24 Setting Up a One Person Corporation in the Philippines
https://kittelsoncarpo.com/setting-up-an-opc-in-the-philippines-pros-and-cons/
An OPC is a business structure that allows a single person to form a corporation without the need of shareholders or a board of directors. The ...
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25 Corporate residence - Philippines - Worldwide Tax Summaries
https://taxsummaries.pwc.com/philippines/corporate/corporate-residence
A domestic corporation is a corporation that is created or organised under Philippine laws. A foreign corporation that is duly licensed to ...
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26 Articles of Incorporation for Stock Corporations - Wonder.Legal
https://www.wonder.legal/ph/modele/articles-incorporation-stock-corporations
The Articles of Incorporation is a document that is needed to form a corporation in the Philippines. A corporation is an artificial person created by law ...
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27 23.1 Powers of a Corporation
https://saylordotorg.github.io/text_foundations-of-business-law-and-the-legal-environment/s26-01-powers-of-a-corporation.html
A corporation generally has three parties sharing power and control: directors, officers, and shareholders. Directors are the managers of the corporation, and ...
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28 NOTES ON CORPORATION LAW
https://mmco.com.ph/elearning/wp-content/uploads/2020/02/Batch3_RFBT_2018.12.8-9-Free.pdf
accordance with Philippine Laws. • the difference is important in determining the capacity to do business in the Philippines. The foreign corporation needs ...
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29 Options for Company Formation and Business Registration
https://incorporation.ph/incorporation-options/
For a foreign corporation to be granted a License to Operate in the Philippines as a business entity, it is required to appoint one (1) resident agent who shall ...
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30 Incorporators, the Board of Directors, and corporate officers in ...
https://lawyerphilippines.org/incorporators-board-of-directors-corporate-officers-philippine-corporations/
It is important to know the people and roles involved when putting up a corporation in the Philippines. These include the incorporators, ...
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31 CORPORATE CRIME AND THE CRIMINAL LIABILITY OF ...
https://www.unafei.or.jp/publications/pdf/RS_No76/No76_09PA_Labador.pdf
This provides that the Corporation Code is not a defined limitation of the playing field of Philippine corporate law, but constitutes a guiding light; and in ...
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32 6. LAW ON Corporations - StuDocu
https://www.studocu.com/ph/document/adamson-university/accountancy/6-law-on-corporations/7591000
DEFINITION: A corporation is an artificial being created by operation of law, having the right of succession and the powers, attributes and properties expressly ...
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33 Rule on Incorporators Made More Flexible under the Revised ...
https://platonmartinez.com/articles/rule-on-incorporators-made-more-flexible-under-the-revised-corporation-code
Incorporators are those stockholders who originally form a corporation, and whose signatures appear in the Articles of Incorporation. Each incorporator must own ...
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34 What is Stock Corporation? - UpCounsel
https://www.upcounsel.com/what-is-stock-corporation
A stock corporation is a type of for-profit company. Each of its shareholders receives part ownership of the corporation through their shares of stock.
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35 Legal liability in Philippines - Corporate - DLA Piper Intelligence
https://www.dlapiperintelligence.com/goingglobal/corporate/index.html?t=04-legal-liability&c=PH
As an exception in subsidiary, there must be: No more than 15 directors, each of whom must own at least 1 share in the capital stock of the corporation ...
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36 What is a Corporation? - Various Types and Reasons to ...
https://corporatefinanceinstitute.com/resources/accounting/what-is-corporation-overview/
A corporation is a legal entity created by individuals, stockholders, or shareholders, with the purpose of operating for profit. Corporations ...
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37 The Concept of a Corporation - LexClassroom
https://lexclassrooms.com/the-concept-of-a-corporation/
What Is the Definition of a Corporation · An artificial being;. Meaning, it is not like a human being. · Created by operation of law; and. It is a ...
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38 Government-owned and controlled corporation - Wikipedia
https://en.wikipedia.org/wiki/Government-owned_and_controlled_corporation
In the Philippines, a government-owned and controlled corporation (GOCC), sometimes with an "and/or", is a state-owned enterprise that conducts both ...
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39 How to Register a Corporation in the Philippines the Easy Way?
https://www.ykclaw.ph/how-to-register-a-corporation-in-the-philippines/
However, according to the standards of our law, a corporation cannot be an incorporator of any company in the country. Incorporators are defined as the ...
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40 Joint Ventures in the Philippines: Overview - Practical Law
https://uk.practicallaw.thomsonreuters.com/w-011-6852?transitionType=Default&contextData=(sc.Default)
A corporate JV has a separate and distinct juridical personality, and the liability of the corporation does not extend to its directors, ...
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41 New SEC Guidelines on the Establishment of Corporations ...
https://www.zicolaw.com/resources/alerts/new-sec-guidelines-on-the-establishment-of-corporations-with-at-least-two-incorporators/
New SEC Guidelines on the Establishment of Corporations with at least Two Incorporators · Implications for business in the Philippines.
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42 Guidelines on the Establishment of a One Person Corporation
https://saklawph.com/opc/
One of the innovations introduced by Republic Act No. 11232, otherwise known as the “Revised Corporation Code of the Philippines” (RCC) is the One Person ...
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43 NATIONALITY OF CORPORATIONS | law firms in makati
https://mtfcounsel.com/2021/02/04/nationality-of-corporations/
Under the Foreign Investments Act of 1991, a corporation is a “Philippine National” if it is organized under the laws of the Philippines and at ...
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44 What are Articles of Incorporation? - Wolters Kluwer
https://www.wolterskluwer.com/en/expert-insights/what-are-articles-of-incorporation
What must be included in the articles of incorporation? · the corporation's name and business address · the number of authorized shares and the par value (if any) ...
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45 Advantages and Disadvantages of a Corporation
https://www.businessnewsdaily.com/15805-corporation-advantages-and-disadvantages.html
An S-corp is considered a pass-through entity, meaning its income, losses, credits, and deductions can be passed on to the shareholders to be reported and taxed ...
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46 Guidelines on the number and qualifications of incorporators ...
https://www.grantthornton.com.ph/insights/articles-and-updates1/tax-notes/guidelines-on-the-number-and-qualifications-of-incorporators-under-the-revised-corporation-code/
SECTION 10 of Republic Act 11232, otherwise known as the Revised Corporation Code of the Philippines, allows any person, partnership, ...
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47 Correspondence - SEC.gov
https://www.sec.gov/Archives/edgar/data/78150/000119312514390771/filename1.htm
(ii) the Filipino ownership requirement in the Philippine SEC Guidelines ... in capital or 5,000,000 Philippine pesos in the case of a corporate entity, ...
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48 Revised Philippine Corporation Code Signed Into Law | ZICO
https://zico.group/blog/revised-philippine-corporation-code-signed-into-law/
Any number of natural persons not less than 5 but not more than 15, all of legal age and a majority of whom are residents of the Philippines, ...
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49 Eleemosynary corporation - Definition - Merriam-Webster
https://www.merriam-webster.com/dictionary/eleemosynary%20corporation
The meaning of ELEEMOSYNARY CORPORATION is a corporation organized for charitable purposes —contrasted with civil corporation.
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50 BASICS OF CORPORATIONS
https://www.shsu.edu/klett/ch%20%2034%20basics%20of%20corporations.htm
Domestic Corporation: A corporation incorporated in a given state and doing business in that same state. Foreign Corporation: A corporation doing ...
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51 ARTICLES OF INCORPORATION FOR A CLOSE ...
https://dat.maryland.gov/SDAT%20Forms/close.pdf
years of age, do(es) hereby form a corporation under the laws of the State of ... You may fill in the blanks on the sample and submit it as your Articles of.
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52 Corporation Law (Sundiang) Flashcards - Quizlet
https://quizlet.com/410804179/corporation-law-sundiang-flash-cards/
GR: A legislative grant or authority is required for the creation of a corporation, either by a special incorporation law or charter or by means of general ...
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53 Types of corporations and how to incorporate your startup
https://www.svb.com/startup-insights/startup-growth/types-of-corporations-and-how-to-incorporate-your-startup
A C-Corp is a fully separate legal entity, responsible for paying corporate taxes and issuing annual reports. It must also appoint a board of directors. It will ...
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54 What's the Difference Between Corporation and Incorporation?
https://www.incnow.com/blog/2022/05/23/whats-difference-corporation-incorporation/
A: Incorporation means the company has become a legal entity. Businesses incorporate to separate the assets and liabilities of their business ...
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55 RCW 39.69.010: "Municipal corporation" defined. - WA.gov
https://app.leg.wa.gov/rcw/default.aspx?cite=39.69.010
"Municipal corporation" defined. ... As used in this chapter, "municipal corporation" includes counties, cities, towns, port districts, water-sewer districts, ...
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56 Classifications of Corporations - 2012 Book Archive
https://2012books.lardbucket.org/books/the-legal-environment-and-business-law-executive-mba-edition/s19-04-classifications-of-corporation.html
The publicly held corporation is one in which stock is widely held or available for wide public distribution through such means as trading on a national or ...
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57 One Person Corporation - InCorp Global
https://www.incorp.asia/philippines/learn/how-to-set-up-one-person-corporation/
› philippines › learn › how-to-set-...
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58 Primer on One-Person Corporations in the Philippines - ZGLaw
https://zglaw.com/2019/09/23/primer-on-one-person-corporations-in-the-philippines/
A One-Person Corporation (OPC) is a corporation with a single stockholder, who can only be a natural person (who must be of legal age), trust or ...
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59 Does “We the People” Include Corporations?
https://www.americanbar.org/groups/crsj/publications/human_rights_magazine_home/we-the-people/we-the-people-corporations
The definition of the word “person” has been debated in the legal system throughout history. Dred Scott proved that African Americans were not considered ...
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60 AOI and By-laws - GT Capital Holdings Inc.
https://www.gtcapital.com.ph/aoi-and-by-laws
The Corporation Code of the Philippines (the "Code") requires all corporations organized under the Code to file with the Securities and Exchange Commission ...
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61 Registering a One Person Corporation: A Definitive Guide
https://philippinebusinesstools.com/register/one-person-corporation-opc/
One Person Corporation, Sole Proprietorship ; Definition, The Revised Corporation Code defines the OPC as a corporation with a single stockholder: a natural ...
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62 PHILIPPINE LAW JOURNAL - HeinOnline
https://heinonline.org/hol-cgi-bin/get_pdf.cgi?handle=hein.journals/philplj15§ion=23
provisions of our Corporation Law, Act 1459 relating to implied powers is -an exact copy of the same provision found in the.
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63 Your Guide to Business Incorporation in the Philippines
https://greenhouse.co/guides/guideline-business-incorporation-in-the-philippines/
Domestic Corporation. Although the Philippines does not adopt the legal concept of Limited Liability Company (LLC) or Private Limited Company ( ...
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64 A peek into the Revised Corporation Code of the Philippines
https://www.bworldonline.com/editors-picks/2019/03/12/219389/a-peek-into-the-revised-corporation-code-of-the-philippines/
Under the Old Code, a corporation has a term limit of 50 years, unless extended. Its existence is deemed dissolved upon expiration of the term.
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65 Choosing the appropriate mode for Foreign Corporations to ...
https://www.divinalaw.com/news-and-updates/choosing-the-appropriate-mode-for-foreign-corporations-to-do-business-in-the-philippines/
Under Philippine law, a representative office is a foreign corporation allowed to do business in the Philippines, but without deriving any local income.[2] A ...
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66 Lee: The Kinds of Corporations - SUNSTAR
https://www.sunstar.com.ph/article/354288/lee-the-kinds-of-corporations
A non-stock corporation is a corporation which does not issue stocks and does not distribute dividends to their members. (Sundiang, Id. At p.
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67 De Jure vs De Facto vs Corporation by Estoppel Differences
https://cuetolawgroup.com/de-jure-de-facto-corporation-by-estoppel/
The short answer is that each type of corporation arises from common law doctrine and provides a different degree of legal powers, recognition ...
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68 Corporations
https://www.rpi.edu/dept/advising/free_enterprise/business_structures/corporations.htm
Definition: a corporation is a legal entity that is established to perform a specific business. There are both public and private corporations. In a private ...
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69 From Sole Proprietorship to Corporation in the Philippines
https://cloudcfo.ph/blog/corporate/sole-proprietorship-to-corporation-philippines
The owner is also liable to be sued for business-related activity. A Corporation, however, is separate from its owners. Any legal action against ...
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70 What Are Corporate Bylaws? - Kira Systems
https://kirasystems.com/learn/what-are-corporate-bylaws/
A corporation's bylaws, also called company bylaws or just bylaws, are a legal document setting forth key rules and regulations governing ...
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71 Corporation vs Incorporation - Difference and Comparison
https://www.diffen.com/difference/Corp_vs_Inc.
When you register a business, you can use either in the business name. In terms of legal structure, compliance obligations, limited liab...
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72 Government Corporation: Definition & Example - Study.com
https://study.com/academy/lesson/government-corporation-definition-example.html
A government corporation is a company that is owned by the government and operates with the same independence of a private business, except that ...
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73 Tax Code - Bureau of Internal Revenue
https://www.bir.gov.ph/index.php/tax-code.html
–The Commissioner is hereby authorized to divide the Philippines into ... to a corporation, means created or organized in the Philippines or under its laws.
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74 Legal Organization (LO) - Philippine Statistics Authority
https://psa.gov.ph/content/legal-organization-lo-0
3. Government Corporation (LO=3) - also called Government-Owned or Controlled Corporation (GOCC) refers to a corporation organized for private aim, benefit or ...
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75 Foreign Investment Act | Investment Laws Navigator
https://investmentpolicy.unctad.org/investment-laws/laws/95/philippines-foreign-investment-act
Foreign investments shall be welcome as a supplement to Filipino capital and ... firm, entity or corporation in the Philippines; and any other act or acts ...
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76 Characteristics of a Corporation - Cliffs Notes
https://www.cliffsnotes.com/study-guides/accounting/accounting-principles-ii/corporations/characteristics-of-a-corporation
A corporation is a legal entity, meaning it is a separate entity from its owners who are called stockholders. A corporation is treated as a “person”
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77 "Corporations Vested with Public Interests" under the Revised ...
https://accessonline.ph/product/corporations-vested-with-public-interests-under-the-revised-corporation-code-of-the-philippines/
While the term had been mentioned twice in the old Corporation Code, ... interest but all other Philippine corporations under the regulation of the SEC.
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78 Highlights of the Revised Corporation Code: Part I
https://www.fnslaw.com.ph/highlights-of-the-revised-corporation-code-part-i/
Code, it maintains the definition of a corporation, the classes of corporations, classification of shares, the management structure of ...
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79 Differences Between Cooperatives and Corporations
https://ncbaclusa.coop/blog/differences-between-cooperatives-and-corporations/
A cooperative is a special form of corporation that places ownership/control in the hands of the employees or patrons of the corporation.
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80 View from the outside: An independent director's perspective
https://business.inquirer.net/326836/view-from-the-outside-an-independent-directors-perspective
Title III, Section 22 of the Revised Corporation Code (Republic Act No. 11232) provides the following definition: “An independent director is a ...
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81 On the Purpose of the Corporation
https://corpgov.law.harvard.edu/2020/05/27/on-the-purpose-of-the-corporation/
The roadmap for this shared understanding is elaborated in The New Paradigm: A Roadmap for an Implied Corporate Governance Partnership ...
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82 Batas Pambansa Bilang 68- The Corporation Code of the ...
https://batasnatin.com/law-library/text-of-laws-and-statutes/69-mercantile-laws/176-batas-pambansa-bilang-68-the-corporation-code-of-the-philippines.html
- Corporators are those who compose a corporation, whether as stockholders or as members. Incorporators are those stockholders or members mentioned in the ...
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83 Federal Government Corporations: An Overview
https://www.everycrsreport.com/reports/RL30365.html
As defined in this report, a government corporation is a government agency that is established by Congress to provide a market-oriented public service and to ...
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84 Governance Commission for GOCCs (GCG) Corporate Website
https://gcg.gov.ph/faqs/
A: An Appointive Director shall be appointed by the President of the Philippines from a shortlist prepared by the GCG. To be included in the shortlist, ...
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85 What type of business entity is right for me? - Negosyo Center
https://dtinegosyocenter.online/what-type-business-entity-right-me
A One Person Corporation, or OPC, is a special corporation with a single stockholder. The concept was introduced in the Philippine corporate setting by ...
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86 press releases - House of Representatives
https://www.congress.gov.ph/press/details.php?pressid=11291
Corporate social responsibility (CSR) is referred to in the bill as the ... otherwise known as the Corporation Code of the Philippines, shall be amended.
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87 How to Register and Form a Corporation in the Philippines
https://grit.ph/register-corporation/
Our definition earlier states that a Corporation is, “A separate, legal entity guided by a group of officers known as the board of directors.”.
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88 Sole Proprietorship vs. One Person Corporation
https://www.floresofrinlaw.com/articles/8utjwq856v7ufbfrnhf3yi66sc4tw8
A corporation is a separate juridical personality from its shareholders. What this means is that the corporation has an independent existence ...
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89 San Miguel Corporation
https://www.sanmiguel.com.ph/
San Miguel Corporation (SMC) is one of the Philippines' largest and most diversified conglomerates, with revenues equivalent to about 4% of the country's ...
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90 The Real Estate Law Review: Philippines
https://thelawreviews.co.uk/title/the-real-estate-law-review/philippines
Similarly, foreign investors may indirectly own condominium units through domestic corporations and joint ventures in the same way described ...
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91 De facto corporations - Manila Bulletin
https://mb.com.ph/2020/11/26/de-facto-corporations/
From legal references, a de facto corporation is defined as one that is organized with colorable compliance with the requirements of ...
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92 Corporate Income Tax Definition | TaxEDU - Tax Foundation
https://taxfoundation.org/tax-basics/corporate-income-tax-cit/
A corporate income tax (CIT) is levied by federal and state governments on business profits. Many companies are not subject to the CIT because they are taxed as ...
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93 fit and proper rule - Civil Aviation Authority of the Philippines
https://caap.gov.ph/wp-content/uploads/2021/05/The-Civil-Aviation-Authority-of-the-Philippines-Fit-and-Proper-Rule-Signed.pdf
Directors/Trustees of GOCCS to be included in the shortlists to be submitted ... where applicable as in the case of stock corporations, to the extent of at ...
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94 Centene Corporation: Managed Care Solutions
https://www.centene.com/

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95 What's the difference between a partnership and a corporation?
https://www.globe.com.ph/help/business/sme/sec.html
The Securities and Exchange Commission is regulating the securities industry in the Philippines. SEC also maintains the country's company register.
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96 The 60-40 equity rule on owning a business in the Philippines
https://www.duranschulze.com/the-60-40-equity-rule-on-owning-a-business-in-the-philippines/
If you're a foreign investor who's looking to set up a sole proprietorship, partnership, or a corporation in the Philippines, here are a few important ...
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97 IDC: The premier global market intelligence firm.
https://www.idc.com/

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