5

7

8

9

₱

$ LaborLabor

$

Profits/Losses

GENERAL PARTNERS

GENERAL PARTNERS

GENERAL PARTNERS

17

GENERAL PARTNERS

SEC

19

₱

BASIC REQUIREMENTS:

1. Cover Sheet;

2. Name Verification Slip;

3. Articles of Partnership;

4. Joint Affidavit to Change Partnership Name;

5. Endorsement/Clearance from other governmentagencies, if applicable; and

6. Foreign Investments Act (FIA) Form-105, if with NON-PHILIPPINE CITIZEN as a Partner.

*Partnership Registration Fee - ₱2,250

22

•

•

•

•

CORPORATIONS IN THE PHILIPPINES

Foreign Corporations Domestic Corporations

Corporations created under the RCC/CCP

Corporations created by Special Laws of the Philippines

Close Corp.* One Person Corp. (OPC)*

Other Stock Corporations*

*- may include Educational Institutions

ReligiousEducational NSC Other NSC

Religious Society Corporation Sole

Stock Corporations Non-Stock Corporations (NSC)

•

•

•

•

•

•

•

• May be more than fifteen (15), unless otherwiseprovided by the RCC or other laws;

•

•

29

•

•

A delinquent corporation shall have a period of two (2)years to resume operations and comply with allrequirements that the Commission shall prescribe.

Failure to comply with the requirements and resumeoperations within the period given by the Commission shallcause the revocation of the delinquent corporation’sCertificate of Incorporation.

45

•

•

ACS Surety Bond Coverage*

P 1.00 to P1,000,000.00 P1,000,000.00

1,000,001.00 to 2,000,000.00 2,000,000.00

2,000,001.00 to 3,000,000.00 3,000,000.00

3,000,001.00 to 4,000,000.00 4,000,000.00

4,000,001.00 to 5,000,000.00 5,000,000.00

P5,000,001.00 and above = Amount of surety bond coverage shall be equal to the OPC’s ACS.

•

•

•

55

₱

For Processing

For Payment

For Receiving

For Approval

Releasing

Company Registration System (CRS)

Online

SEC Main Office CRMD

SEC Satellite Office

or

SEC Main Office CRMD

SEC Main Office CRMD

SEC Satellite Office

or

SEC Satellite Office

or

or

GCash

SEC Main Office Cashier