Articles of Partnership

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Please enter the name of the partnership. A partnership name should bear the word "Company" or "Co. while a professional partnership may bear the word "Company", "Associates", or "Partners. or other similar descriptions. General professional partnerships are partnerships formed by certain persons for the sole purpose of exercising their common profession, such as law, medicine, or architecture, among others. The name of the partnership may or may not include the name of one or more of the partners. If a person who is not a member of the partnership includes their name in the partnership name, they shall also be liable as a partner.

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ARTICLES OF PARTNERSHIP

OF

________


KNOW ALL MEN BY THESE PRESENTS:

That we, the undersigned partners, all of legal age, residents and citizens of the Philippines, have, on this day, voluntarily associated ourselves together for the purpose of forming a general partnership under the following terms and conditions and subject to existing and applicable laws of the Republic of the Philippines;

AND WE HEREBY CERTIFY:

ARTICLE I. Partnership Name. That the name of the partnership shall be ________ and shall transact business under the said name.

ARTICLE II. Business Purpose. That the following is the purpose(s) of the partnership:

________

ARTICLE III. Principal Place of Business. That the principal place of business of this partnership shall be located at:

________

ARTICLE IV. Term of Existence. That the partnership shall commence on the date of execution of this Articles of Partnership and shall continue until the partners decide to terminate the partnership.

ARTICLE V. Partners' Circumstances. That the names, nationalities and complete residence addresses of the partners are as follows:

1. ________ (Filipino) - ________

2. ________ (Filipino) - ________

ARTICLE VI. Capital Contributions. That the capital of this partnership shall be ________ (Php________) contributed by the partner(s), as follows:

1. ________: Php________

2. ________: Php________

That no transfer of interest which will reduce the ownership of Filipino citizens to less than the required percentage of capital as provided by existing laws shall be allowed or permitted to be recorded in the proper books of the partnership.

ARTICLE VII. Partner's Salaries. That the partners shall receive a monthly salary of Php________ each, unless otherwise adjusted by the partners.

ARTICLE VIII. Sharing Ratios. That the profits and losses of this partnership shall be divided and distributed proportionately on the ratio of the contribution to the capital of each partner.

ARTICLE IX. Management. That the partnership shall be under the management of ________, the Managing Partner, who shall be in charge of the affairs of the partnership. The Managing Partner shall have the power to use the partnership name in performing such acts as are necessary and expedient in the management of the partnership, in its ordinary course of business, and to carry out its lawful business.

ARTICLE X. 52525252822 22 855222 8522. 5552 252 25522258 525252522 22 82225852282 855222 252 2522 22 252 25522258582, 58 525282 25288525 25 58 5222525 2525252225, 5222 5282822 22 222882 25 585282882 2522 252 5285582828 525 55855222 8222888822 2552 5222525 82522552822, 25522258582, 25 225822 558 58858525 5 25825 58252 22 252 582 22 2552 2522 25 2552 252 2522 558 8222 52885525 22 82 2888255822, 528222882, 82225882282 8828855 22 5 5228822525 2522, 25 82225552 22 258888 225588, 2225 8582228, 25 258888 228882.

IN WITNESS WHEREOF, we have hereunto affixed our signatures this............. day of................................, 20........., at City or Municipality of........................................., Province of........................................., Philippines.



________
________



________
________


ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES )
PROVINCE OF.......................................................)
CITY OR MUNICIPALITY OF..................................................)S.S.


BEFORE ME, a Notary Public, for and in City or Municipality of........................................., Province of....................................., this............. day of................................, 20........., personally appeared the following persons:

1. ________, with the following competent proof of identification: Driver's License with number ________ which expires on ________ and

2. ________, with the following competent proof of identification: Driver's License with number ________ which expires on ________

known to me and to me known to be the same persons that executed the foregoing Articles of Partnership constituting of............. pages, including this page where the acknowledgment is written, and they acknowledged to me that the same is their free and voluntary act and deed.

WITNESS MY HAND AND SEAL on the date and place above written.



NOTARY PUBLIC

Doc No................;
Page No..............;
Book No..............;
Series of..............

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ARTICLES OF PARTNERSHIP

OF

________


KNOW ALL MEN BY THESE PRESENTS:

That we, the undersigned partners, all of legal age, residents and citizens of the Philippines, have, on this day, voluntarily associated ourselves together for the purpose of forming a general partnership under the following terms and conditions and subject to existing and applicable laws of the Republic of the Philippines;

AND WE HEREBY CERTIFY:

ARTICLE I. Partnership Name. That the name of the partnership shall be ________ and shall transact business under the said name.

ARTICLE II. Business Purpose. That the following is the purpose(s) of the partnership:

________

ARTICLE III. Principal Place of Business. That the principal place of business of this partnership shall be located at:

________

ARTICLE IV. Term of Existence. That the partnership shall commence on the date of execution of this Articles of Partnership and shall continue until the partners decide to terminate the partnership.

ARTICLE V. Partners' Circumstances. That the names, nationalities and complete residence addresses of the partners are as follows:

1. ________ (Filipino) - ________

2. ________ (Filipino) - ________

ARTICLE VI. Capital Contributions. That the capital of this partnership shall be ________ (Php________) contributed by the partner(s), as follows:

1. ________: Php________

2. ________: Php________

That no transfer of interest which will reduce the ownership of Filipino citizens to less than the required percentage of capital as provided by existing laws shall be allowed or permitted to be recorded in the proper books of the partnership.

ARTICLE VII. Partner's Salaries. That the partners shall receive a monthly salary of Php________ each, unless otherwise adjusted by the partners.

ARTICLE VIII. Sharing Ratios. That the profits and losses of this partnership shall be divided and distributed proportionately on the ratio of the contribution to the capital of each partner.

ARTICLE IX. Management. That the partnership shall be under the management of ________, the Managing Partner, who shall be in charge of the affairs of the partnership. The Managing Partner shall have the power to use the partnership name in performing such acts as are necessary and expedient in the management of the partnership, in its ordinary course of business, and to carry out its lawful business.

ARTICLE X. 52525252822 22 855222 8522. 5552 252 25522258 525252522 22 82225852282 855222 252 2522 22 252 25522258582, 58 525282 25288525 25 58 5222525 2525252225, 5222 5282822 22 222882 25 585282882 2522 252 5285582828 525 55855222 8222888822 2552 5222525 82522552822, 25522258582, 25 225822 558 58858525 5 25825 58252 22 252 582 22 2552 2522 25 2552 252 2522 558 8222 52885525 22 82 2888255822, 528222882, 82225882282 8828855 22 5 5228822525 2522, 25 82225552 22 258888 225588, 2225 8582228, 25 258888 228882.

IN WITNESS WHEREOF, we have hereunto affixed our signatures this............. day of................................, 20........., at City or Municipality of........................................., Province of........................................., Philippines.



________
________



________
________


ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES )
PROVINCE OF.......................................................)
CITY OR MUNICIPALITY OF..................................................)S.S.


BEFORE ME, a Notary Public, for and in City or Municipality of........................................., Province of....................................., this............. day of................................, 20........., personally appeared the following persons:

1. ________, with the following competent proof of identification: Driver's License with number ________ which expires on ________ and

2. ________, with the following competent proof of identification: Driver's License with number ________ which expires on ________

known to me and to me known to be the same persons that executed the foregoing Articles of Partnership constituting of............. pages, including this page where the acknowledgment is written, and they acknowledged to me that the same is their free and voluntary act and deed.

WITNESS MY HAND AND SEAL on the date and place above written.



NOTARY PUBLIC

Doc No................;
Page No..............;
Book No..............;
Series of..............

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