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.

It is necessary to register your business with the DTI to provide it with a legal identity and gain the rights to use your business name. However, a business name (BN) registration is not a license to operate a business.
On the other hand, it is essential for a business to register with the SEC in order for them to be treated as a legal or judicial entity.

Every corporation incorporated under the Revised Corporation Code has the power and capacity, among others, to receive real and personal property, subject to the limitations prescribed by law and the constitution. (Section 35, par. g, R.A. No. 11232)

Life insurance refers to the insurance on human lives and insurance appertaining thereto or connected therewith. (Section 181, Insurance Code)

All other classes of insurance are considered non-life insurance. Non-life insurance, otherwise called general insurance, include property insurance, casualty insurance, compulsory insurance and microinsurance.

Stock market transactions affect the general public and the national economy. The rise and fall of stock market indices reflect to a considerable degree the state of the economy. Trends in stock prices tend to herald changes in business conditions.

(Philippine Stock Exchange, Inc., et al. v. Secretary of Finance, et al., G.R. No. 213860, July 05, 2022)

There are two types of conversion outlined in SEC Memorandum Circular No. 27, series of 2020: (1) from an ordinary stock corporation to a one-person corporation, and (2) from a one-person corporation to an ordinary stock corporation.

The rights of a stockholder are categorized into three: Management Rights, Proprietary Rights, and Remedial Rights.

The Court of Appeals was formally organized on February 1, 1936, through Commonwealth Act No. 3, which was enacted on December 3, 1935.

The week beginning the fourth Sunday of October of every year is declared as “Barrio Farmers’ Week” by virtue of Proclamation No. 76, series of 1954.