What are the contents of the Articles of Incorporation prescribed under the law?

What are the contents of the Articles of Incorporation prescribed under the law?

Articles of incorporation are a set of formal documents filed with a government body to legally document the creation of a corporation. Articles of incorporation generally contain pertinent information, such as the firm’s name, street address, agent for service of process, and the amount and type of stock to be issued.

What are bylaws of a corporation Philippines?

The by-laws of a corporation are used to guide the internal management of the corporation. It is a requirement for the formation of a corporation in the Philippines. The by-laws of a corporation should be adopted by at least a majority of the outstanding capital stock.

What is Articles of Incorporation in the Philippines?

The Articles of Incorporation is a document that is needed to form a corporation in the Philippines. The existence of a corporation begins after it has submitted the Articles of Incorporation to the SEC and the SEC issues a Certificate of Incorporation.

What are Articles of Incorporation and by-laws?

The difference between articles and bylaws, simply put, is that Articles of Incorporation are the official formation documents you must file with the state to start a new business. Corporate bylaws, on the other hand, are a set of internal documents that outline how the company should be run.

How do I write Articles of Incorporation?

You must be able to provide the following to file your Articles of Incorporation:

1. Corporation name and mailing address.
2. Registered agent name and address.
3. Duration of incorporation.
4. Nature of the business.
5. Number of shares and type issued.
6. Powers of Incorporation designations.
7. Signature and date lines.

What should be included in the Articles of Incorporation?

What must be included in articles of incorporation?

• the corporation’s name and business address.
• the number of authorized shares and the par value (if any) of the shares.
• the name and address of the in-state registered agent.
• the names and addresses of its incorporators.

What are the articles that are usually found in bylaws?

The company bylaws must contain the following parts:

• The Board of Directors.
• Statement of the company’s purpose.
• Management structure.
• Information about the company.
• Shareholder and board meetings.
• Call for other meetings.
• Contract and loan approvals.

What Cannot be amended in the articles of incorporation Philippines?

Furthermore, the names of the incorporators, the first set of directors and subscribers, the initial treasurer, their original subscription and the place and date of execution of the first Articles of Incorporation cannot be amended.

What should be included in articles of incorporation?

Do bylaws have articles?

Bylaws are not the same as articles of incorporation—the articles are a short document filed with your state to form your business. Bylaws are a longer, more detailed, internal document. Both for-profit and nonprofit corporations should have bylaws.

Who writes the Articles of Incorporation?

The articles of incorporation will usually identify the incorporators of the corporation, who initiate the incorporation process and are often responsible for signing the articles of incorporation prior to filing with the state.