3/8/2018 Form No.

7--Articles of Incorporation Merchandising Trading Company | Philippines Legal Form

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Form No.7--Articles of Incorporation Merchandising Trading Company

Category: Philippines Legal Form Hits: 10105

(Articles of Incorporation Merchandising Trading Company)

ARTICLES OF INCORPORATION

OF

_________________ MERCHANDISING, INC.

Know All Men By These Presents:

That we, all of whom are of legal age and residents of the Philippines, Filipinos, have on this day, voluntarily
associated ourselves together for the purpose of forming a stock corporation under the laws of the Republic of the
Philippines:

AND WE DO HEREBY CERTIFY:

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3/8/2018 Form No.7--Articles of Incorporation Merchandising Trading Company | Philippines Legal Form

FIRST: That the name of the Corporation shall be __________________________ MERCHANDISING, INC.

SECOND: That the specific purposes for which said Corporation is formed are:

To engage in, conduct and carry on the business of buying, selling, distributing, marketing at wholesale or retail in
so far as may be permitted by law all kinds of goods, commodities, wares and merchandise of every kind and
description; to enter into all kinds of contracts for the export, import, purchase, acquisition, sale at wholesale or
retail and other dispositions for its own account as principal or representative capacity as manufacturing
representatives, merchandise broker, indentor, commission merchant, factors or agents upon consignment of all
kinds of goods, wares, merchandise or product whether natural or artificial.

THIRD: That the place where the principal office of the corporation is to be established or located is at
_____________, Philippines.

FOURTH: That the term for which the Corporation is to exist is _____________ (________) years from and after
the date of issuance of the Certificate of Incorporation.

FIFTH: That the names, nationalities and residences of the incorporators are as follows:

Name Nationality Residence

SIXTH: That the number of directors of the Corporation shall be five (5) and that the names, nationalities and
residence of the Directors of said Corporation who shall act as such until their successors are elected and have
qualified as provided for in the by-laws are as follows:

Name Nationality Residence

SEVENTH: That the authorized capital stock of the Corporation is _____________ (P_____________) PESOS in
lawful money of the Philippines, divided into __________________________ (_________) shares with the a par
value of _____________ (P_________) PESOS per share.

EIGHT: That the authorized capital stock of the corporation has been fully subscribed representing the sum of
__________________________ (P_______________) PESOS, Philippine Currency, and at least twenty (25%) per
cent of the total subscription has been paid as follows:

Name No. of Shares Subscribed Amount Paid-In

NINTH: That _____________ has been elected by the subscribers as Treasurer of the corporation to act as such
until his/her successor is duly elected and qualified in accordance with the by-laws; and that as such Treasurer,
(he/she) has been authorized to receive for and in the name and for the benefit of the corporation, all subscriptions
paid by the subscribers.

TENTH: That no transfer of stocks or interest therein which will reduce the ownership of Filipino citizens to less than
the percentage of the capital stock required by law shall be allowed or permitted to be recorded in the Corporate
Books and this restriction shall be indicated in all the stock certificates issued by the corporation.

ELEVENTH: That the corporation manifests its willingness to change its corporate name in the event another
person, firm or entity has acquired a prior right to use the said firm name or one deceptively or confusingly similar
to it.

IN WITNESS WHEREOF, we have hereunto affixed our signatures this _____________, at the City of
_____________, Philippines.

(SIGNATURES OF ALL INCORPORATORS)

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3/8/2018 Form No.7--Articles of Incorporation Merchandising Trading Company | Philippines Legal Form

SIGNED IN THE PRESENCE OF:

_________________ ______________

(ACKNOWLEDGMENT)

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