When it comes to setting up a business entity in the Philippines, sole proprietorship, general partnership, and regular corporations are the basic business structures that first come to our recollection. Of course, the three business…
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In SEC-OGC Opinion No.21-03, the Securities and Exchange Commission confirmed that issuance of Deed of Trust and Assignment to a nominee stockholder is sufficient to enable the said stockholder to be elected as a nominee…
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In connection with the numerous questions regarding the MC No. 1, S. 2021, SEC summarized on its notice dated March 8, 2021 the frequently asked questions (FAQs) received by the Commission, as follows: Who are…
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The said circular mandates transparency in the shareholders, officers, or trustees of a corporation. The disclosure of the nominee directors, trustee, or shareholders of the beneficial owner must be made within thirty (30) days from…
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