Philippines—Corporation—Multilaw global business entity guide
Published by a LexisNexis Corporate expert
Practice notesPhilippines—Corporation—Multilaw global business entity guide
Published by a LexisNexis Corporate expert
Practice notesThis Practice Note is part of a multi-jurisdictional guide addressing essential aspects of forming specific business entities in global jurisdictions. Leading law firms in the Multilaw global law firm network answer key questions on this topic. This guide discusses key considerations when forming a corporation in the Philippines. Current as of 13 January 2023.
Author: Carina C. Laforteza, SyCip Salazar Hernandez & Gatmaitan, a Multilaw member firm
Common entities
1. What form of entity is the subject of this questionnaire? What other forms of entities are commonly used in this jurisdiction and are the subject of another questionnaire response?
Corporation—a juridical entity organised under the Revised Corporation Code of the Philippines and registered with the Philippine Securities and Exchange Commission:
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stock corporations—corporations which have capital stock divided into shares and are authorised to distribute to the holders of such shares, dividends, or allotments of the surplus profits on the basis of the shares
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non-stock corporations—those not falling within the definition of a stock corporation
2. Identify other types of entities in your jurisdiction that exist but
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