CORPORATION LAW

Atty. R. I. Gatchalian

Assignment for Oct. 17, 2014


I. FOREIGN CORPORATIONS AND THE CONCEPT OF DOING BUSINESS IN THE
PHILIPPINES

1. Definition of Foreign Corporation
(a) Sec. 123, Corp. Code

2. Requisites for Obtaining License to Do Business in the Philippines

(a) Sec. 125, Corp. Code
(b) Designation of Local Agent

(1) Sec. 127, Corp. Code

(c) Consequences of Not Obtaining a License to Do Business

(1) Sec. 133, Corp. Code
(2) Steelcase, Inc. vs. Design Selections, Inc., 670 SCRA 64 (2012)

(d) Revocation of License

(1) Sec. 134, Corp. Code
(2) Global Business Holdings, Inc. (Formerly Global Business Bank, Inc.)
vs. Surecomp Software, B.V., G.R. No. 173463, October 13, 2010

3. Doing Business

(a) Marshall-Wells Co. vs. Henry W. Elser & Co., 46 Phil. 70 (1924)
(b) Western Equipment and Supply Co. vs. Reyes, 51 Phil. 115 (1927)
(c) Eriks Pte. Ltd. Vs. Court of Appeals 267 SCRA 567 (1997)
(d) Mentholatum Co., Inc. vs. Mangaliman, 72 Phil. 524 (1941)

4. Doing Business under the Foreign Investments Act of 1991 (RA No. 7042, as
amended)

(a) Who is a Philippine National
(b) What Doing business includes
(c) What Doing business does not include
(d) Manner of Doing Business

(1) Representative Office
(2) Branch
(3) Domestic Subsidiary
(4) Regional Headquarters
(5) Joint Ventures
(6) Purchase of Shares in an Existing Corporation
(7) Technology Transfer Arrangements
(8) Management Contracts

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