Articles Of Association Of One Person Company Template for Philippines

1. Additional Business Rules: Specific operational rules and procedures unique to the business, used when the OPC has complex operations

2. Borrowing Powers: Specific provisions regarding the corporation's power to borrow money, used when the business plan involves significant financing

3. Branch Offices: Provisions for establishing branch offices, used when business expansion is planned

4. Corporate Seal: Description and rules regarding the corporate seal, used when the business requires formal documentation

5. Amendments: Specific procedures for amending the Articles of Association, used when more detailed amendment procedures are desired

6. Dispute Resolution: Specific procedures for resolving disputes, used when additional clarity on conflict resolution is needed

1. Schedule A - Details of Initial Paid-Up Capital: Detailed breakdown of the initial capital contribution and payment schedule

2. Schedule B - Nominee Acceptance: Formal acceptance documents from the nominated successor and alternate

3. Schedule C - Principal Business Activities: Detailed description of the primary business activities and operations

4. Schedule D - Specimen Signatures: Specimen signatures of the single shareholder, nominee, and corporate officers

5. Appendix 1 - Initial Corporate Policies: Basic corporate policies and procedures for day-to-day operations

6. Appendix 2 - Required SEC Forms: Copies of completed SEC forms required for OPC registration