TRUE OF FALSE -According to Philippine law the majority of the incorporators mus...

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September 2022 2 7 Report

TRUE OF FALSE

-According to Philippine law the majority of the incorporators must not be residents of the philippines .

rexiejose832

-According to Philippine law the majority of the incorporators must not be residents of the philippines -TRUE

IreneBestGirl thankyou have a great night :)

rexiejose832 Thanks to you! =)

avanzadoleonard FALSE! Under the old rules (Batas Pambansa Blg. 68 or BP 68), incorporators must be natural persons only and majority of such incorporators must be residents of the Philippines. ... Philippine residency requirement is no longer required. This however, is subject to foreign investment rules for foreign ownership.

JosephSalapare

Answer:

True

Explanation:

yun na yon

IreneBestGirl no explenation why?

IreneBestGirl that's okay

IreneBestGirl thanks anyway

JosephSalapare welcome

avanzadoleonard FLASE! Under the old rules (Batas Pambansa Blg. 68 or BP 68), incorporators must be natural persons only and majority of such incorporators must be residents of the Philippines. ... Philippine residency requirement is no longer required. This however, is subject to foreign investment rules for foreign ownership.

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