Document background
Articles of Organization are essential corporate documents required for establishing a corporation in the Philippines under the Revised Corporation Code. This foundational document must be filed with the Securities and Exchange Commission (SEC) and serves multiple purposes: it creates the corporation's legal existence, defines its basic structure, outlines its governance framework, and establishes the rights and obligations of various stakeholders. The Articles of Organization include crucial information such as the corporation's name, purpose, capital structure, and management framework. This document is particularly important in the Philippine business context as it must comply with specific local regulatory requirements, including those related to foreign ownership restrictions, capitalization requirements, and corporate governance standards. The document is typically prepared during the initial stages of corporate formation and may require amendments as the corporation evolves or when regulatory requirements change.
