Image Source Published — March 19, 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 AUTHORITY TO FREEZE UNDER ANTI-MONEY LAUNDERING ACT[…]
Image Source Published — December 17, 2020 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 PROHIBITED MODES OF RETAILING[…]
Related article: The Barangay Micro Business Enterprise (BMBE) The 2018 List of Establishments of the Philippine Statistics Authority (PSA) recorded a total of 1,003,111 business enterprises operating in the country, of these, micro enterprises constitute 887,272. Despite the vast number of micro enterprises in the country, only a few of them avail the benefits provided Read more about REGISTER AS BMBE AND ENJOY THE PERKS[…]
Read also: THE ANTI-MONEY LAUNDERING ACT Money laundering may be committed by any person who, knowing that any monetary instrument or property represents, involves, or relates to the proceeds of any unlawful activity transacts said monetary instrument or property. Money laundering may also be committed by any covered person who, knowing that a covered or Read more about WHAT ARE MONEY LAUNDERING OFFENSES?[…]
After reading “What are Founders’ Shares?”, read also “What are Preferred Shares?” Founders’ Shares are given certain rights and privileges not enjoyed by the owners of other stocks. Founders’ Shares may be given special preference in voting rights and dividend payments Where exclusive right to vote and be voted for in the election of directors Read more about WHAT ARE FOUNDERS’ SHARES?[…]
After reading “Strengthening Consumers’ Protection Against Fraud: Financial Products and Services Consumer Protection Act”, read also “Fraud Exception Principle”. Investment fraud refers to any form of deceptive solicitation of investments from the public. Any person who commits investment fraud shall be liable the Securities Regulation Code in addition to the administrative sanctions to be imposed Read more about STRENGTHENING CONSUMERS’ PROTECTION AGAINST FRAUD: FINANCIAL PRODUCTS AND SERVICES CONSUMER PROTECTION ACT[…]
After reading “What are the Modes of Corporate Dissolution?”, read also “Involuntary Dissolution of a Corporation”. A corporation formed or organized under the provision of the Revised Corporation Code of the Philippines may be dissolved voluntarily or involuntarily. The methods of effecting dissolution as prescribed by law are exclusive. A corporation may be dissolved by Read more about WHAT ARE THE MODES OF CORPORATE DISSOLUTION?[…]
Image Source Published — June 1, 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 Interim Rehabilitation Support to Cushion Unfavorably-affected Enterprises by COVID-19 or I-RESCUE Lending Program[…]
Image Source Published — June 1, 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 Tax Exemption for Nonstock Nonprofit Corporation[…]
After reading “What is the procedure for voluntary dissolution where creditors are affected?”, read also “What are the Modes of Corporate Dissolution?”. Voluntary dissolution where creditors are affected covers a case where the corporation petitions for its dissolution which may prejudice the rights of creditors, or are not consented by all of them. The procedure Read more about WHAT IS THE PROCEDURE FOR VOLUNTARY DISSOLUTION WHERE CREDITORS ARE AFFECTED?[…]
