ARTICLES Category: Corporate Law

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Understanding the Apostille Convention: Recognition of Public Documents Abroad

The advent of the Apostille Convention1 (“Convention”) paved the way for a more convenient authentication process in the legalization of documents through the issuance of a certificate called an Apostille. The Convention only applies to public documents. To determine whether a document may be a public document, reference Read more…

SEC implements new guidelines and procedures in the registration of corporate names

The Securities and Exchange Commission has issued on 21 June 2019 SEC Memorandum Circular No. 13 Series of 2019 providing for the guidelines and procedures in the registration of corporate, one person corporate and partnership names. This is in conformity with the release of Republic Act No. 11232, Read more…

PCC Expedites Merger Review on Qualified Transactions

On 28 May 2019, the Philippine Competition Commission (“PCC”) penned a resolution expediting the review process for merger transactions that are less likely to substantially prevent, lessen, or restrict competition on their relevant markets. Under Commission Resolution No. 08-2019, the period for the review for qualified merger transactions Read more…

Significant Aspects in the Establishment of a One Person Corporation (OPC)

On 25 April 2019, the Securities and Exchange Commission (“SEC”) issued Memorandum Circular No. 7, series of 2019, regarding the “Guidelines on the Establishment of a One Person Corporation (OPC)” (“M.C. No. 7”), which provides guidelines, rules and regulations in the establishment of an OPC. Published on 01 Read more…