Sample Articles of Incorporation
Sample Articles of Incorporation
Sample Articles of Incorporation
Articles of Incorporation
Of
The undersigned incorporators, all of legal age and majority of whom are residents
of the Philippines, have this day voluntarily agreed to form a stock corporation under the
laws of the Republic of the Philippines;
AND WE HEREBYCERTIFY:
SECOND: That the primary purpose for which such corporation is incorporated:
456 Mercedes Avenue, Unit 1 (2nd Floor) Barangay San Miguel, Pasig City, Philippines,
1600
FOURTH: That the term for which said corporation is to exist is 50 years from and
after the date of issuance of the certificate of incorporation;
FIFTH: That the names, nationalities and residences of the incorporators are as
follows:
SIXTH: That the number of directors of the corporation shall be five (5); and the
names, nationalities and residences of the first directors of the corporation are as follows:
SEVENTH: That the authorized capital stock of the corporation is ONE MILLION
(P1,000,000_) pesos in lawful money of the Philippines, divided into TEN THOUSAND
(10,000) shares with the par value of ONE HUNDRED (P100.00) pesos per share;
EIGHT: That at least twenty five (25%) percent of the authorized capital stock
above has been subscribed as follows:
NINTH: That the above-named subscribers have paid at least twenty-five (25%)
percent of the total subscription as follows:
NAME OF AMOUNT
SUBSCRIBERS SUBSCRIBED TOTAL PAID-
UP
ELEVENTH: That no transfer of stock or interest which will reduce the ownership
of Filipino Citizens to less than the required percentage of the capital stock as provided
by existing laws shall be allowed or permitted to be recorded in the proper books of the
corporation and this restriction shall be indicated in all the stock certificates issued by the
corporation.
TWELFTH: That the incorporators and directors undertake to change the name of
the corporation as herein provided, or as amended thereafter, immediately upon receipt
of notice or directive from the Securities and Exchange Commission that another
corporation, partnership or person has acquired a prior right to the use of that name or
that the name has been declared as misleading, deceptive, confusingly similar to a
registered name or contrary to public morals, good custom or public policy.
ACKNOWLEDGEMENT FOR INCORPORATORS WHO EXECUTED OUTSIDE THE
PHILIPPINES
[Date]
CONSULAR ACKNOWLEDGMENT
(Sgd.)
________________
Notary Public
ACKNOWLEDGEMENT FOR INCORPORATORS WHO EXECUTED IN THE
PHILIPPINES
known to me and to me known to be the same persons who executed the foregoing
Articles of Incorporation constituting of SIX (6) pages, including this page where the
acknowledgement is written, and they acknowledged to me that the same is their free act
and voluntary deed.
NOTARY PUBLIC
Doc. No. ________
Page No. ________
Book No. _________
Series of 2017