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Articles of Incorporation-Draft
Articles of Incorporation-Draft
Articles of Incorporation-Draft
OF
___________________________
The undersigned incorporators, all of legal age and a 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;
ARTICLE I
“___________________________, INC.”
ARTICLE II
That the purpose or purposes for which such corporation is incorporated are:
PRIMARY PURPOSE/S:
_________________________________________________________
_________________________________________________________
_________________________________________________________
SECONDARY PURPOSE/S:
_________________________________________________________
_________________________________________________________
_________________________________________________________
(If there is more than one purpose, indicate primary and secondary purposes);
ARTICLE III
ARTICLE IV
That the term for which said corporation is to exist is ____________ (____) years from
and after the date of issuance of the certificate of incorporation;
ARTICLE V
That the names, nationalities and residences of the incorporators of the corporation are as
follows:
NAME NATIONALITY
RESIDENCE
________________________ __________________
__________________
________________________ __________________
__________________
________________________ __________________
__________________
________________________ __________________
__________________
________________________ __________________
__________________
ARTICLE VI
NAME NATIONALITY
RESIDENCE
________________________ __________________
__________________
________________________ __________________
__________________
________________________ __________________
__________________
________________________ __________________
__________________
________________________ __________________
__________________
ARTICLE VII
(In case some shares have par value and some are without par value):
ARTICLE VIII
That at least twenty five (25%) per cent of the authorized capital stock above stated has
been subscribed as follows:
ARTICLE IX
That the above-named subscribers have paid at least twenty-five (25%) percent of the
total subscription as follows:
ARTICLE X
ARTICLE XI
That no transfer of stock or interest which shall 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 recorded in the proper books of the corporation and this restriction shall
be indicated in all stock certificates issued by the corporation.
_______________________ __________________________
__________________________________
____________________________ ________________________
ACKNOWLEDGMENT
_________________________________ __________________________
_________________________________ __________________________
_________________________________ __________________________
_________________________________ __________________________
_________________________________ __________________________
known to me to be the same persons who executed the foregoing instrument which instrument
consists of five (5) pages including the page on which this acknowledgment is written and signed
at the left margin of each and every page by the parties executing this instrument and their
witnesses and acknowledged to me that the same is their free act and deed.
NOTARY PUBLIC