Company registration and corporate lawyers, in Cebu City and nationwide.

One is enough. The Revised Corporation Code lets a person, partnership, association, or corporation organize one alone or with others, up to fifteen. Incorporators who are natural persons must be of legal age, and each one in a stock corporation must own or subscribe to at least one share. A corporation with a single stockholder is a One Person Corporation.

There is no general minimum. Stock corporations are not required to have a minimum capital stock unless a special law says so for that kind of business. The capital you need is set by what the company will do and by any regulator of that activity.

Usually. Foreign ownership limits attach to particular activities, so whether a limit applies, and how the company has to be structured, depends on what the business will do. We settle that before the structure is chosen, because a structure is expensive to unwind once it is registered.

Yes. A corporation that does not formally organize and commence business within five years of incorporation has its certificate deemed revoked. One that started and then went inoperative for five consecutive years can be placed under delinquent status, with two years to resume and comply before the certificate is revoked.

A corporation has perpetual existence unless its articles of incorporation provide for a fixed term. Companies incorporated under the old Code also have perpetual existence unless they elected to keep their original term.

It should settle what happens when the parties disagree: who may sell shares and to whom, what happens on a deadlock, how a shareholder leaves, and who decides what in the meantime. Those clauses are easiest to agree at the start, while the parties are still on good terms.

Three steps: the corporate act itself, the record of it, and the filing with the Commission. Directors are elected for a term of one year and each must hold at least one share, which limits who can be brought onto the board and when. We handle the meeting, the minutes, the resolutions, and the filing together.

Yes. The corporate secretary keeps the minutes, the resolutions, the secretary’s certificates a bank or a registry will rely on, and the stock and transfer book. Companies engage us for the role so that those records are kept current.

We agree the scope and the fee in writing before any work starts. Registration timelines depend on the Commission and on how complete the documents are when they go in. The second is within our control, so we prepare the documents fully before filing.