Document background
Standard Articles of Incorporation are required for any business seeking to establish itself as a corporation in the Philippines. This document is mandated by the Revised Corporation Code of the Philippines and must be filed with the Securities and Exchange Commission (SEC) as part of the corporate registration process. The Articles serve as the corporation's constitutional document, outlining essential elements such as corporate name, principal office, purpose, capital structure, and governance framework. It must be prepared in accordance with strict regulatory requirements and typically requires professional legal assistance to ensure compliance. The document becomes particularly important when seeking investment, opening corporate bank accounts, applying for licenses, or engaging in significant business transactions, as it serves as proof of the corporation's legal existence and basic organizational structure.
