A One Person Corporation shall not be required to have a minimum authorized capital stock except as otherwise provided by special law.
Revised Corporation Code · Title XIII: Special Corporations · Chapter III: One Person Corporations
Minimum Capital Stock Not Required for One Person Corporation
A One Person Corporation shall not be required to have a minimum authorized capital stock except as otherwise provided by special law.
Text of Republic Act No. 11232 (approved February 20, 2019), which repealed Batas Pambansa Blg. 68, the 1980 Corporation Code. Shown as enacted; check SEC issuances for implementing rules. For information and research only, and not legal advice.