Document background
Simple Articles of Incorporation are essential documents required when establishing a corporation in the Philippines. This document must be prepared and filed with the Securities and Exchange Commission (SEC) as the first step in creating a legal corporate entity. The document's content is governed by the Revised Corporation Code of the Philippines (RA 11232) and must include specific information such as the corporation's name, purpose, principal office address, capital structure, and details of incorporators and initial directors. Simple Articles of Incorporation are typically used for straightforward corporate structures with basic capitalization and governance arrangements. They differ from more complex versions that might be required for specialized corporations, foreign-owned entities, or those with multiple share classes. The document serves as the foundation for all corporate activities and must be carefully drafted to ensure compliance with Philippine law while meeting the business objectives of the incorporators.
