After reading “What is a Limited Partnership?”, read also “What is the Double Indemnity Doctrine?” A limited partnership is one formed by two or more persons under the provisions of the following article, having as members one or more general partners and one or more limited partners. The limited partners as such shall not be Read more about WHAT IS A LIMITED PARTNERSHIP?[…]
Image Source Published — March 17, 2021 The following post does not create a lawyer-client relationship between Alburo Alburo and Associates Law Offices (or any of its lawyers) and the reader. It is still best for you to engage the services of your own lawyer to address your legal concerns, if any. Also, the matters contained Read more about WHAT IS LIMITED PARTNERSHIP?[…]
Image Source Published — July 22, 2022 The following post does not create a lawyer-client relationship between Alburo Alburo and Associates Law Offices (or any of its lawyers) and the reader. It is still best for you to engage the services of your own lawyer to address your legal concerns, if any. Also, the matters contained Read more about Dissolution of Partnership[…]
Image Source Published — April 6, 2021 The following post does not create a lawyer-client relationship between Alburo Alburo and Associates Law Offices (or any of its lawyers) and the reader. It is still best for you to engage the services of your own lawyer to address your legal concerns, if any. Also, the matters contained Read more about WHAT IS A GENERAL PARTNERSHIP?[…]
Image Source Published — April 15, 2021 The following post does not create a lawyer-client relationship between Alburo Alburo and Associates Law Offices (or any of its lawyers) and the reader. It is still best for you to engage the services of your own lawyer to address your legal concerns, if any. Also, the matters contained Read more about EXISTENCE OF PARTNERSHIP WITHOUT BEING LEGALLY FORMED[…]
Image Source Published — March 4, 2021 The following post does not create a lawyer-client relationship between Alburo Alburo and Associates Law Offices (or any of its lawyers) and the reader. It is still best for you to engage the services of your own lawyer to address your legal concerns, if any. Also, the matters contained Read more about WHAT IS A CONTRACT OF PARTNERSHIP?[…]
The topics below may be relevant to your daily activities and will aid you to be updated to our current laws. The articles are for general information and educational purposes only, and not offered and do not constitute legal advice or legal opinion; where the facts and circumstances warrant. WHAT ARE THE MODES OF Read more about Legal Developments[…]
During the height of the pandemic, new challenges have emerged. Physical transactions were limited in compliance with health protocols and thus, government services were completely automated including national and local business registration processes.
Corporations offer a range of advantages, including limited liability, access to capital, perpetual existence, enhanced credibility, and the ability to attract talent. However, they also come with drawbacks such as complexity, double taxation, regulatory burdens, potential conflicts of interest, and reduced personal control.
A sole proprietorship is a form of business organization with only one proprietary owner, a single individual who conducts business under his own name or a business name. (p.3, Commentaries and Jurisprudence on the Revised Corporation Code of the Philippines, Aquino, 2020)
