Officers ng isang One Person Corporation

ni Atty. Persida Rueda-Acosta @Magtanong Kay Attorney | Enero 31, 2023

Dear Chief Acosta,

Nais kong magtayo ng isang One Person Corporation. Sa kadahilanang ako lamang ang nag-iisang stockholder, maaari ba na ako rin ang tatayong president, secretary, at treasurer ng nasabing korporasyon?

-Sally

Dear Sally,

Ang batas na sasaklaw tungkol sa iyong katanungan ay ang Republic Act No. 11232 o mas kilala bilang “Revised Corporation Code of the Philippines.” Nakasaad sa Sections 121 at 122 ng nasabing batas:

“SEC. 121. Single Stockholder as Director, President. – The single stockholder shall be the sole director and president of the One Person Corporation.

SEC. 122. Treasurer, Corporate Secretary, and Other Officers. – Within fifteen (15) days from the issuance of its certificate of incorporation, the One Person Corporation shall appoint a treasurer, corporate secretary, and other officers as it may deem necessary, and notify the Commission thereof within five (5) days from appointment.

The single stockholder may not be appointed as the corporate secretary.

A single stockholder who is likewise the self-appointed treasurer of the corporation shall give a bond to the Commission in such a sum as may be required: Provided, That the said stockholder/treasurer shall undertake in writing to faithfully administer the One Person Corporation’s funds to be received as treasurer, and to disburse and invest the same according to Page 52 of 73 the articles of incorporation as approved by the Commission. The bond shall be renewed every two (2) years or as often as may be required.”

Ayon sa mga nabanggit na probisyon ng batas, ang nag-iisang stockholder ay siya ring tatayong presidente ng korporasyon. Ang nasabing stockholder ay maaari ring maging treasurer ng korporasyon, ngunit marapat na siya ay magsumite ng bond sa Securities and Exchange Commission (SEC) at sundin ang mga alituntunin na itinakda ng batas.

Subalit, nakasaad din sa batas na ang nag-iisang stockholder ay hindi maaaring maitalaga bilang corporate secretary. Samakatuwid, hindi ka maaaring tumayong president, secretary, at treasurer ng One Person Corporation na binabalak mong itatag.

Sana ay nabigyan namin ng linaw ang iyong katanungan. Ang payong aming ibinigay ay base lamang sa mga impormasyon na iyong inilahad at maaaring magbago kung mababawasan o madaragdagan ang mga detalye ng iyong salaysay.

Maraming salamat sa inyong patuloy na pagtitiwala.