Document background
The Articles of Association Document is a mandatory requirement for incorporating a business entity in the Philippines under the Revised Corporation Code. This document must be filed with the Securities and Exchange Commission (SEC) as part of the incorporation process and serves as the constitutional document of the corporation. The Articles define fundamental aspects such as corporate identity, purpose, share capital structure, and governance mechanisms. They establish the relationship between the corporation and its stakeholders, outline management procedures, and ensure compliance with Philippine corporate law. The document is particularly crucial during incorporation, corporate restructuring, or when making fundamental changes to the corporation's structure. Once approved by the SEC, it becomes a public document and serves as a reference point for stakeholders, investors, and regulatory authorities.
