SEC Registration Requirements for Stock Corporation

Here are the requirement that you need to prepare in connection with the registration of a stock corporation with the Philippine Securities and Exchange Commission (SEC). 1) COVER SHEET 2) NAME VERIFICATION SLIP 3) BANK CERTIFICATE OF DEPOSIT OF PAID-UP CAPITAL (notarized in the place executed) 4) ARTICLES OF INCORPORATION 5) TREASURER’S AFFIDAVIT 6) BY-LAWS … Continue reading SEC Registration Requirements for Stock Corporation

The AASC alert and the RR 15-2010

A copy of alert from the Auditing and Assurance Standards Council (AASC) has been in my inbox a week ago and its only now that I find time to write for this blog about another topic. Anyhow, I am sharing you this alert for your information and reference. Find time to download and read this … Continue reading The AASC alert and the RR 15-2010

Think BIG!

I am not promoting this site, but I think it's worth visiting and browsing.  The site is called "BIG" or "Breakthrough Innovation Grant". The organizers of the site are inviting Entrepreneurs and Owners of Small and Medium Sized Businesses to simply submit an innovative business idea that will alleviate poverty in the Philippines.  Wow, this … Continue reading Think BIG!

How to extend or shorten the life of a Corporation

The Corporation Code of the Philippines under section 37 allows a corporation to "extend" as well as to "shorten" its term of existence. Dissolving a corporation prior to its expiration, say 50 years, or whatever the term fixed in the Articles of Incorporation, can be done by amending the Articles of Incorporation to shorten the term … Continue reading How to extend or shorten the life of a Corporation

How to register a NON-Stock, NON-Profit CORPORATION with the Philippines SEC

This blog is having a lot of queries on how to register a non-stock and non-profit corporation. Thus, I thought that it's about time to write one for all the readers and by passer out there. Anyhow, I tried to run a query via google search engine, and some relevant sites came up with the … Continue reading How to register a NON-Stock, NON-Profit CORPORATION with the Philippines SEC