This document outlines the requirements for establishing a domestic corporation in the Philippines. It notes that shareholders' personal assets are protected from business liabilities. It lists mandatory requirements including having at least two incorporators/shareholders, two resident director positions filled by natural persons, and the president, secretary, and treasurer must all be officers with the president and secretary being distinct positions. Capital requirements are none for majority Filipino or export businesses, otherwise USD 200,000. Registration takes 2-5 months after submitting articles of incorporation, bylaws, board resolution, and form F-101.
This document outlines the requirements for establishing a domestic corporation in the Philippines. It notes that shareholders' personal assets are protected from business liabilities. It lists mandatory requirements including having at least two incorporators/shareholders, two resident director positions filled by natural persons, and the president, secretary, and treasurer must all be officers with the president and secretary being distinct positions. Capital requirements are none for majority Filipino or export businesses, otherwise USD 200,000. Registration takes 2-5 months after submitting articles of incorporation, bylaws, board resolution, and form F-101.
This document outlines the requirements for establishing a domestic corporation in the Philippines. It notes that shareholders' personal assets are protected from business liabilities. It lists mandatory requirements including having at least two incorporators/shareholders, two resident director positions filled by natural persons, and the president, secretary, and treasurer must all be officers with the president and secretary being distinct positions. Capital requirements are none for majority Filipino or export businesses, otherwise USD 200,000. Registration takes 2-5 months after submitting articles of incorporation, bylaws, board resolution, and form F-101.
held to answer for liabilities arising from the business.
Mandatory Requirements ● At least two incorporators/shareholders
● At least two directors (who are natural persons). May also be the shareholders ● President – must be a shareholder ● Corporate Secretary – an officer who must be a resident and citizen ● Treasurer – an officer who must be resident of the Philippines
No person may be president and secretary or president and
treasurer at the same time.
Capital Requirement None, if at least 60% Filipino owned, or if export oriented.
Otherwise, USD 200,000. This may change depending on
the type of business.
Documentary Requirements ● Authenticated Articles of Incorporation and
By-laws of Parent Company ● Authenticated Board Resolution for Establishment of a Domestic Corporation ● F-101 (draft to be provided by us)
Estimated Timeline for Registration 2-5 months from complete submission of