Profit Articles Of Incorporation Template for Philippines

1. Article on Corporate Seal: Details about the corporate seal design and usage, optional under the Revised Corporation Code

2. Article on Stock Transfer Restrictions: Used when shareholders want to include specific restrictions on share transfers or first right of refusal

3. Article on Arbitration: Include when parties want to specify dispute resolution procedures

4. Article on Foreign Ownership Limitations: Required only if the corporation operates in an industry with foreign ownership restrictions

5. Article on Founders' Shares: Include when special rights or privileges are granted to founders

6. Article on Committees: Used when establishing specific board committees beyond the basic requirements

1. Schedule A - Subscriber Information: Detailed information about subscribers including their tax identification numbers and exact shareholdings

2. Schedule B - Secondary Purposes: Detailed list of secondary business activities if too extensive for main document

3. Schedule C - Special Share Rights: Detailed terms and conditions of different share classes if multiple share classes exist

4. Schedule D - Initial Contributions: Detailed breakdown of initial capital contributions, especially for non-cash contributions

5. Appendix 1 - Board Resolution: Initial board resolutions adopting the Articles of Incorporation

6. Appendix 2 - Treasurer's Affidavit: Sworn statement by the Treasurer regarding paid-up capital