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Showing 1–24 of 129 articles for “corporations”

Stock vs. Non-Stock Corporations in the Philippines: Key Differences

Understand the key differences between stock and non-stock corporations in the Philippines under the Revised Corporation Code, including ownership, governance, and profit distribution.

SEC GIS and AFS Filing in the Philippines: A Complete Guide

Learn the SEC GIS and AFS filing requirements in the Philippines, deadlines, and penalties. A plain-language guide for corporations.

Minimum Capital Requirement for Corporations in the Philippines: What the Law Says

No minimum capital stock is required for most Philippine stock corporations under the Revised Corporation Code. Learn the rules and exceptions.

Doing Business in the Philippines: License Requirements for Foreign Corporations

Learn the license requirements for a foreign corporation doing business in the Philippines under the Revised Corporation Code, including the application process and key compliance steps.

Navigating Employment Status: Contract of Service vs Regular Employment in the Philippines

The Supreme Court clarifies when workers in government-owned corporations are contract of service workers, not regular employees entitled to security of tenure.

Irrevocability of Tax Credit Options: A Guide for Philippine Corporations

Philippine corporations must choose carefully between refunds and tax credit carry-over—once chosen, the option is irrevocable under the NIRC.

Fiscal Autonomy Limits: When Government Corporations CAN Grant Employee Benefits

Supreme Court clarifies that government corporations like PhilHealth cannot grant employee benefits without presidential approval, even with fiscal autonomy provisions.

Can Religious Corporations Own Land in the Philippines? The RVM Case Explained

Learn how the Supreme Court's RVM ruling clarifies constitutional limits on religious corporations acquiring public land in the Philippines.

Condominium Foreclosure Special Authority Imperative FOR Extrajudicial Sales

Philippine Supreme Court clarifies that condominium corporations need special authority to extrajudicially foreclose units for unpaid dues.

Corporate Dissolution and Property Rights: Clarifying Successor Liability in Land Disputes

The Supreme Court clarifies when dissolved corporations and their officers can be held liable for delivering property titles in subdivision disputes.

PCSO Benefits Disallowed: Upholding Fiscal Responsibility in Government-Owned Corporations

The Supreme Court affirms COA's disallowance of unauthorized benefits paid to LBP subsidiary board members, clarifying rules on double compensation and corporate governance.

Examining Judgment Debtors: How Courts Can Enforce Judgments Against Elusive Corporations

Winning a lawsuit is only half the battle. Learn how Philippine courts can examine corporate officers to enforce judgments against elusive debtors.

Understanding the Limits of Medical Benefits for Government Employees in the Philippines

The Supreme Court clarifies when government-owned corporations may grant medical benefits to employees—and why presidential approval matters.

Understanding Liability for Just Compensation in Philippine Expropriation Cases: Insights from a Landmark Ruli

When government corporations take over assets, who pays just compensation? The Supreme Court clarifies liability rules in expropriation cases.

Shareholder Death and Corporate Meetings: Quorum and Voting Rights Under Philippine Law

How a shareholder's death affects quorum and voting rights in Philippine corporations, explained through the Supreme Court's ruling in Mallare v. A&E Industrial Corporation.

Understanding the Limits of Government Audit Jurisdiction: Insights from the Pagcor Case

The Supreme Court clarifies the scope of COA audit jurisdiction over government-owned or controlled corporations and their subsidiaries.

Salary Increases in GOCCs: Understanding the Legal Boundaries After Small Business Corporation v. COA

The Supreme Court clarifies when salary increases in government-owned corporations violate the EO No. 7 moratorium and who must return disallowed amounts.

Navigating the Legal Boundaries of Government-Owned Corporations: Insights from a Landmark Supreme Court Rulin

The Supreme Court upheld the GOCC Governance Act, clarifying the limits of security of tenure and delegation of powers.

Limits of Compensation Authority in Government Corporations: Insights from SSS v. COA

The Supreme Court clarifies when GOCCs may grant employee benefits without presidential approval, and when officers may be excused from refunding disallowed amounts.

Fiscal Autonomy and Compensation Limits for Government Corporations in the Philippines

The Supreme Court clarifies that fiscal autonomy does not give government corporations unlimited power to grant employee benefits without proper approval.

Corporate Rehabilitation and Conservatorship: Key Insights from the CAP Pension Ruling

The Supreme Court clarifies the boundaries between corporate rehabilitation and conservatorship, and the limits of a rehabilitation court's jurisdiction over subsidiary corporations.

Piercing the Corporate Veil: Holding Affiliate Companies Liable for Illegal Dismissal

Philippine Supreme Court clarifies when affiliate corporations can be held solidarity liable for illegal dismissal and monetary awards in labor cases.

Verbal Contracts and Implied Ratification: Upholding Obligations in Broiler Chick Growing Agreements

The Supreme Court rules that verbal contracts bind parties even without a written agreement, and corporations may impliedly ratify unauthorized acts.

Government Control vs Corporate Structure: Defining Audit Jurisdiction in the Philippines

The Supreme Court rules that government control, not corporate form, determines COA audit jurisdiction over corporations in the Philippines.