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What is the Madrid Protocol

What is the Madrid Protocol

What is the Madrid System The Madrid System is a centralized filing and management procedure.  Through the Madrid System you can file one international application, in one language (English, French… Read more »

Sending Notices to Stockholders and Members of the Board through E-mail

Sending Notices to Stockholders and Members of the Board through E-mail

  Sending Notices to Stockholders and Members of the Board through E-mail Section 50 of the Corporation Code requires that a notice of writing of the meeting be given to… Read more »

Deductible Expenses from the Gross Income

Deductible Expenses from the Gross Income

  Deductible Expenses Under the National Internal Revenue Code of the Philippines, valid business expenses may be deductible from the gross income in order to legally reduce a taxpayer’s taxable… Read more »

Taxes on Corporate Income

Taxes on Corporate Income

Corporations, under the National Internal Revenue Code of the Philippines, are subject to income tax liabilities. Under the Law, domestic corporations are subject to tax on their worldwide income. On… Read more »

Effectivity of Corporate Mergers or Consolidations

Effectivity of Corporate Mergers or Consolidations

Under the Corporation Code of the Philippines, two or more corporations may merge into a single corporation which shall be one of the constituent corporations or may consolidate into a… Read more »

Benefits of PEZA Registration in the Philippines

Benefits of PEZA Registration in the Philippines

Foreign corporations in the Philippines may opt to register with the Philippine Economic Zone Authority or PEZA in order to avail benefits and incentives in the form of tax holidays… Read more »

Failure to Render Overtime Work as a Ground for Dismissal

Failure to Render Overtime Work as a Ground for Dismissal

  Employees in the Philippines enjoy security of tenure. As such, one’s employment may be terminated only for just and authorized causes as enumerated under the Labor Code, after observance… Read more »

Appointing a Resident Agent in the Philippines

Appointing a Resident Agent in the Philippines

  A foreign corporation seeking to do business in the Philippines may choose between establishing a subsidiary or a branch office in the country. The two have different requirements to… Read more »

Step by Step Procedure in Amending Articles of Incorporation

Step by Step Procedure in Amending Articles of Incorporation

The power to amend the articles of incorporation is one of the powers expressly granted by law to corporation.  There are many reasons why a corporation may want to amend… Read more »

How to Register Corporate or Partnership Name

How to Register Corporate or Partnership Name

  Corporate or Partnership Name Registration In registering your partnership or corporation with SEC, the first thing that should be done is to choose and reserve your corporate or partnership… Read more »

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