Document background
The Articles of Incorporation and Bylaws serve as the constitutional documents of a corporation in the Philippines, required during the corporate formation process under the Revised Corporation Code. These documents are essential when establishing a new corporation or updating an existing corporation's fundamental structure. The Articles of Incorporation outline the basic elements of corporate existence, including name, purpose, capital structure, and incorporator information, while the Bylaws provide detailed rules for corporate governance and operations. Both documents must be filed with the Securities and Exchange Commission (SEC) and comply with Philippine regulatory requirements. They form the legal foundation for all corporate actions and decisions, establishing the framework for corporate governance, stockholder rights, and management responsibilities. Regular review and possible amendments may be necessary to ensure continued compliance with evolving corporate laws and business needs.
