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Articles Of Incorporation For Partnership
"I need Articles of Incorporation for Partnership for a new consulting firm in Manila, to be established by March 2025, involving three partners (two Filipino nationals and one Singapore citizen) with equal capital contributions of PHP 2 million each, including specific provisions for intellectual property protection and international client confidentiality."
1. Article I - Partnership Name and Principal Office: States the official name of the partnership and principal place of business, including complete address
2. Article II - Purpose: Detailed description of the partnership's primary business activities and objectives
3. Article III - Term of Partnership: Specifies the duration of the partnership, whether definite or indefinite
4. Article IV - Partners' Information: Lists all partners with their complete names, nationalities, and addresses
5. Article V - Capital Contribution: Details the capital contribution of each partner, including nature and value of contributions
6. Article VI - Profit and Loss Sharing: Specifies how profits and losses will be distributed among partners
7. Article VII - Management and Administration: Outlines the management structure and decision-making processes
8. Article VIII - Fiscal Year and Accounting: Defines the fiscal year and basic accounting principles to be followed
9. Article IX - Dissolution and Liquidation: Procedures for partnership dissolution and asset distribution
10. Article X - Compliance with Laws: Statement of compliance with Philippine laws and regulations
1. Article on Additional Capital Calls: Used when partners may need to make additional capital contributions in the future
2. Article on Intellectual Property Rights: Included when the partnership owns or deals with significant intellectual property
3. Article on Non-Competition: Added when partners need to be restricted from competing with the partnership
4. Article on Succession and Estate Planning: Important for family partnerships or when continuity planning is crucial
5. Article on Foreign Ownership Restrictions: Required when foreign partners are involved, addressing nationality requirements
6. Article on Alternative Dispute Resolution: Optional provision for handling disputes through mediation or arbitration
7. Article on Partnership Insurance: Included when specific insurance arrangements need to be documented
1. Schedule A - Partner Contributions: Detailed breakdown of each partner's capital contributions, including valuation of non-cash assets
2. Schedule B - Property Inventory: List of all partnership property and assets at formation
3. Schedule C - Management Structure: Detailed organizational chart and management responsibilities
4. Schedule D - Special Voting Rights: Specific voting arrangements or veto rights if applicable
5. Appendix 1 - Partner Information Forms: SEC-required biographical information forms for each partner
6. Appendix 2 - Business Plan: Detailed business plan and financial projections
7. Appendix 3 - Compliance Certificates: Copies of required government permits and certificates
Authors
Partnership
Partners
General Partner
Limited Partner
Capital Contribution
Principal Office
Business Day
Fiscal Year
Partnership Interest
Profit and Loss
Distribution
Management Committee
Managing Partner
Articles of Partnership
Partnership Property
SEC
BIR
Governing Law
Initial Capital
Additional Capital
Partnership Term
Dissolution Event
Liquidation
Material Change
Partnership Books
Partner Meeting
Resolution
Transfer of Interest
Withdrawal
Good Faith
Majority Vote
Supermajority Vote
Unanimous Consent
Accounting Period
Net Income
Partnership Assets
Encumbrance
Default Event
Force Majeure
Purpose and Objectives
Principal Office
Term of Partnership
Partner Information
Capital Contribution
Profit and Loss Distribution
Management and Administration
Partner Meetings
Voting Rights
Transfer of Partnership Interest
Additional Capital Contributions
Books and Records
Accounting and Audit
Bank Accounts
Partner Duties and Obligations
Non-Competition
Confidentiality
Intellectual Property
Admission of New Partners
Withdrawal of Partners
Death or Incapacity
Dissolution and Liquidation
Dispute Resolution
Governing Law
Amendment Procedures
Notices
Force Majeure
Compliance with Laws
Tax Matters
Insurance
Severability
Professional Services
Retail and Trading
Manufacturing
Real Estate
Technology and IT Services
Consulting
Food and Beverage
Agriculture
Construction
Healthcare Services
Education and Training
Import/Export
Financial Services
Legal
Finance
Compliance
Corporate Secretarial
Tax
Risk Management
Operations
Business Development
Corporate Governance
Administrative
Managing Partner
Legal Counsel
Corporate Lawyer
Business Development Manager
Chief Financial Officer
Compliance Officer
Company Secretary
Tax Manager
Business Owner
Entrepreneur
Partnership Administrator
Risk Manager
Operations Director
General Counsel
Investment Manager
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