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ARTICLES OF INCORPORATION OF ___________(Name of Corporation)
The undersigned incorporators, all of legal age and a majority of whom are
residents of the Philippines, have this day voluntarily agreed to form a (stock)
(non-stock) corporation under the laws of the Republic of the Philippines;
Note: A corporation may be a stock corporation or a non-stock corporation. Corporations that issue
shares and are authorized to distribute dividends to shareholders are stock corporations. All other
corporations are non-stock corporation (Corporation Code, sec. 3). Many organizations that are not
created for the purpose of gaining profit (such as charitable and religious organizations) are nonstock corporations.
As indicated above, the incorporators must all be of legal age and majority of whom are Philippine
residents (not necessarily Philippines citizens). However, for corporations that will engage in
nationalized or partly-nationalized activities, Filipino citizen