Amendment on corporate and trade names use

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SEC MEMORANDUM CIRCULAR NO. 12, S. OF 2008: Amendment on corporate and trade names use

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Title Supreme Court: Amendment on corporate and trade names use

Law: Sec Memorandum Circular No. 12, S. Of 2008

Decision Date: Jan 8, 2009

The SEC amends guidelines to require that any business or trade name differing from the corporate or partnership name must be specified in the articles of incorporation or partnership, allowing companies to use multiple names.

partnership name

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Requirement for Disclosure in Articles of Incorporation or Partnership

Any business or trade name used that differs from the corporate or partnership registered name must be explicitly indicated in the articles of incorporation or partnership documents.

Multiple Business or Trade Names Allowed

A corporation or partnership is permitted to use more than one business or trade name.

Legal Effectivity

This amendment took effect immediately upon its approval on January 8, 2009.

Authority and Adoption

The Commission En Banc resolved the amendment during its meeting on December 11, 2008.
The amendment was formally adopted and signed by the SEC Chairperson, Fe B. Barin.

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