Philippine corporation definition

Philippine corporation means a corporation organized under Philippine laws at least sixty per cent of the capital of which is owned and held by citizens of the Philippines.
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Philippine corporation means a corporation (or any unincorporated entity treated as a corporation for Philippine tax purposes) which is created or organized in the Philippines or under its laws.
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Philippine corporation means a corporation organized under Philippine laws at least sixty percent (60%) of the capital of which is owned and held by citizens of the Philippines.
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Examples of Philippine corporation in a sentence

  • The Company (through a related party company, prior to the Company’s incorporation) and Nationwide Development Corporation (“NADECOR”), a Philippine corporation, entered into a Letter of Intent dated November 10, 2009, and executed a Memorandum of Understanding (“MOU”) on April 27, 2010.

  • The Revised Corporation Code of the Philippines generally requires a Philippine corporation with retained earnings in excess of 100% of its paid-in capital to declare and distribute as dividends the amount of such surplus.

  • MPHI is a Philippine corporation whose stockholders are Enterprise Investment Holdings, Inc.

  • It was reincorporated as a Philippine corporation and registered with the SEC on June 28, 1946.

  • Fraport‘s shareholdings in a Philippine corporation are still a kind of asset accepted in accordance with the laws and regulations of the Philippines and therefore, in his view, the Tribunal would not have been deprived of its jurisdiction even if the ADL was breached.

  • INFORMATION WITH RESPECT TO THE REGISTRANT DESCRIPTION OF BUSINESS‌The Fund The Fund is a Philippine corporation registered as an open-end investment company under R.

  • ISSI, a Delaware corporation headquartered in Pittsburgh, Pennsylvania, and SCP, a Philippine corporation, entered into two separate contracts relevant to this litigation.

  • The Corporation Code generally requires a Philippine corporation with surplus profits in excess of 100% of its paid-up capital to declare and distribute such surplus to its shareholders in the form of dividends.

  • The Philippine Corporation Code generally requires a Philippine corporation with retained earnings in excess of 100% of its paid-in capital to declare and distribute as dividends the amount of such surplus.

  • In the case of a Philippine corporation owning more than 50 per cent of the voting stock of a Russian company from which it receives dividends in any taxable year, the Philippines shall also allow credit for the appropriate amount of taxes paid or accrued in the Russian Federation to a Russian company paying such dividends with respect to the profits out of which such dividends are paid.

Related to Philippine corporation

  • Alaska Native Corporation (ANC) means any Regional Corporation, Village Corporation, Urban Corporation, or Group Corporation organized under the laws of the State of Alaska in accordance with the Alaska Native Claims Settlement Act, as amended (43 U.S.C. 1601, et seq.) and which is considered a minority and economically disadvantaged concern under the criteria at 43 U.S.C. 1626(e)(1). This definition also includes ANC direct and indirect subsidiary corporations, joint ventures, and partnerships that meet the requirements of 43 U.S.C. 1626(e)(2).

  • Gas Corporation means the body corporate established by section 4 of the Gas Corporation Act 1994;

  • Public corporation means a county, city, village, township, port district, drainage district, special assessment district, or metropolitan district of this state, or a board, commission, or another authority or agency created by or under an act of the legislature of this state.

  • Pipeline company means any person, firm, copartnership, association, corporation, or syndicate engaged in or organized for the purpose of owning, operating, or controlling pipelines for the intrastate transportation or transmission of any solid, liquid, or gaseous substance, except water.

  • close corporation means a close corporation within the meaning of the Close Corporations Act, 1984 (Act No. 69 of 1984);

  • Foreign nonprofit corporation means an entity:

  • Nonprofit corporation means a nonstock corporation organized under ch. 181 that is a nonprofit corporation, as defined in s. 181.0103 (17).

  • Domestic Corporation means an entity that is treated as a corporation for United States federal income tax purposes and is a U.S. Tax Person.

  • Corporation means a corporation, association, company, joint-stock company or business trust.

  • Brands means the Sprint PCS Brands and the Sprint Brands.

  • Microenterprise means an enterprise which employs fewer than 10 persons and whose annual turnover and/or annual balance sheet total does not exceed EUR 2 million;

  • Urban Enterprise Zones means a zone designated by the New Jersey Enterprise Zone Authority pursuant to the New Jersey Urban Enterprise Zones Act, N.J.S.A. 52:27H-60 et. seq.

  • Next Michigan development corporation means that term as defined in section 3 of the next Michigan development act, 2010 PA 275, MCL 125.2953.

  • Corporations means the corporations identified on Schedule 1 hereto.

  • AT&T OKLAHOMA means the AT&T owned ILEC doing business in Oklahoma.

  • Transportation Company means any organization which provides its own or its leased vehicles for transportation or which provides freight forwarding or air express services.

  • Professional corporation means a corporation incorporated under former 1962 PA 192, or a corporation incorporated under this act and governed by chapter 2A.