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Domestic Corporation

Liability Shareholders’ personal assets cannot be


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


information/documents.

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