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SAMPLE PURPOSES FOR ARTICLES OF INCORPORATION/PARTNERSHIPS
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A. STOCK CORPORATIONS AND PARTNERSHIPS |
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ACCOUNTING AND BUSINESS SERVICES
To render various accounting services, audit engagements, and taxation and
business consultancy. to conduct audits, render bookkeeping and accounting
work, install accounting systems, internal controls and budget procedures; to act
as managers, consultants, managing agents of persons, firms, associations,
corporations, non-government organizations, partnerships and other entities; to
provide management, organizational and technical advice for development
agencies, organizations and other kinds of entities; to undertake, carry on, assist
or participate in the promotion, organization, management and reorganization of
corporations and partnerships, agencies, organizations, and other entities
particularly those involved in development undertakings.
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ADVERTISING 7
To engage in, conduct and carry on the business of advertising, both as principal
and agent, including the manufacture and construction of advertising devices
and novelties, to erect construct, purchase, lease, or otherwise acquire fences,
billboards, sign boards, buildings and other structure sultable for advertising
purposes; to advertise in the air by airplanes, streamers, skywriting and other
similar operations and likewise to advertise by radio, television, movie houses
and in general to employ or use any form of advertising media. |
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AGRICULTURAL BUSINESS
To develop, manage own, lease, and operate agricultural lands, farms, pasture
lands, ranches, fishponds, fishpens, foreshore lands, and similar fishing rights or
concessions; to engage in the planting and cultivation of all crops, orchards,
groves, and all types of agricultural or farm products; to engage in raising,
breeding, cross- breeding and pasturing of cows, goats, carabaos, pigs, chickens
and other similar stocks, and in general to undertake or carry on all kinds of
studies, experiments, cultivation, storage and trading in all kinds ofjagricultural,
livestock and fishery products and its by products but not| limited to
iTo develop, manage own, lease, and operate animal farm, ranches, poultry and
to engage in raising, breeding, cross breeding and pasturing of
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and other similar stocks, and in general to undertake
or carry all kinds of studies, experiments, cultivation, storage and trading in all
kinds of livestock products and by-products but not j limited to
ARRASTRE AND STEVEDORING SERVICES
To operate and maintain stevedoring and arrastre services including the
operation, ownership, acquisition, and/or lease of the proper and necessary
transport and cargo handling equipment ; to engage in the business of
warehousing of cargoes of all kinds and to provide facilities that may be
necessary or incidental thereto such as _porterage, and other cargo-handling
services, as ship brokers, agent, ships cargo checking and ship Rancling.
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BANKING i
To carry on and engage in the banking business as provided for inlall pertinent
banking laws of the Republic of the Philippines, and in the course of its
operations, to receive deposits in the form of time, savings, checking accounts,
new accounts, government deposits, foreign currency deposits and other forms
of deposit upon prior approval of the Monetary Board; :
COMPUTER DATA PROCESSING/ENCODING
To engage in the business of handling and managing of computer data; data
processing, data storage, systems design and analysis, software package
development, programming, data communication, microfilming, and related
services like contract programming, consultancy, hardware maintenance and do
any and alll things necessary and proper in the pursuance of the above objects
without engaging in the telecommunications business. |
CONSTRUCTION i
To engage in general construction and other allied businessés including
constructing, site preparation, enlarging, repairing, servicing, developing or
otherwise engaging in any work on buildings, roads, highways, manufacturing
plants, bridges, airfield, piers, docks, mines, shafts, waterworks, marine works,
steel fabrication, railroads, railways, and other structures. }1
DAY CARE CENTER |
To own, operate, run, menage, and engege in the business of a day care center
containing facilities for babysitting services, private tutoring, and feeding of
toddlers, infants, and children but not to maintain or engage in ifacilties for
elementary or secondary education \
CONSULTANCY SERVICES
To provide consulting, technical and advisory services to persons, associations,
corporations, partnerships and other entities; and to hire the ‘services of
professionals in furtherance of the corporate purpose. '
EDUCATIONAL INSTITUTION ( secondary school )
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To establish and operate an educational institution or leaming center which shall
provide courses of study in Pre-School, Elementary and High School subject to
the laws of the Philippines. ‘
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ENERGY PRODUCTION !
To design, construct, erect, assemble, commission, and operate gas turbine and
other power-generating plants and related facilities for the conversion into
electricity of coal, distillate, and other fuel provided by and under contract with
the Government of the Republic of the Philippines, or any ‘subdivision,
instrumentality or agency thereof, or any government-owned and controlled
corporation, or other entity engaged in the development, supply and distribution
of energy;
FINANCING COMPANIES
To engage in the financing business provided that borrowing shall|be sourced
from not more than 19 lenders. :
FISHING '
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To develop, manage, own, lease and operate fish farms, fishponds and other
similar fishing rights or concessions and in raising, breeding, cross-breeding all
kinds of fish, and to undertake or carry on all kinds of studies, experiments
t