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Letter of Consent of Nominee - Template, Sample Form

✓ Designed for use in Philippines

Create your Letter of Consent of Nominee for use in Philippines. Answer a few plain-English questions and the document fills in automatically as you go - then download it in Word and PDF, ready to sign or share.

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Below you can preview the Letter of Consent of Nominee, complete it by answering a few plain-English questions, and download a ready-to-sign copy in Word and PDF - tailored for use in Philippines.

What the Letter of Consent of Nominee includes

This template is organised into the following sections:

Frequently asked questions

What is a Letter of Consent of Nominee?

A Letter of Consent of Nominee is a ready-to-use legal template for Philippines. You complete it by answering a few plain-English questions, then download the finished document in Word and PDF.

What does the Letter of Consent of Nominee cover?

The Letter of Consent of Nominee is organised into sections covering § 1. Acceptance of Designation, § 3. Function in the Event of Temporary Incapacity, § 4. Scope and Limitations of Authority, § 5. Alternate Nominee, § 6. Fiduciary Undertaking, so the important points are captured in a clear, consistent structure.

What formats can I download?

You can download your completed Letter of Consent of Nominee as an editable Microsoft Word (.docx) file and as a PDF.

Can I edit the document later?

Yes - save it to your account and you can re-open, edit and re-download it at any time.

Is a Letter of Consent of Nominee legally binding?

Once it is properly completed and signed by everyone involved, a Letter of Consent of Nominee is generally legally binding in Philippines, provided it meets the legal requirements that apply to this type of document.

What laws apply to a Letter of Consent of Nominee in Philippines?

A Letter of Consent of Nominee should comply with the laws in force in Philippines. This template is built around the provisions such situations commonly require, but the rules can vary by region and change over time, so check the current requirements for your case.

Do I need a lawyer to use a Letter of Consent of Nominee?

For most standard situations you can complete the Letter of Consent of Nominee yourself using the guided questionnaire. For high-value, unusual or high-risk matters, it is sensible to have a qualified lawyer review the finished document.

How do I sign the Letter of Consent of Nominee?

Download the completed Letter of Consent of Nominee as Word or PDF and sign it as required in Philippines. Depending on the document this may involve a handwritten or electronic signature, and some documents also need witnesses.

Is the Letter of Consent of Nominee free?

You can preview the Letter of Consent of Nominee and fill it in for free. A one-time fee applies only when you download the finished, ready-to-sign document in Word and PDF.

How long does it take to complete a Letter of Consent of Nominee?

Most people finish the Letter of Consent of Nominee in just a few minutes by answering the plain-English questions. You can save your progress and come back to it at any time.

Prepared and reviewed by the LegalDocs team.

Document preview

________
________


________


________
Single Stockholder
________
________


Re: Written Consent and Acceptance of Designation as Nominee of a One Person Corporation


Dear ________,

§ 1. Acceptance of Designation. I, the undersigned, of legal age, Filipino, and a resident of ________, do hereby give my free and voluntary written consent to, and formally accept, my designation as the Nominee of your One Person Corporation, ________, or such other name as it may hereafter be amended to (hereinafter the “Corporation”). This acceptance is given in accordance with Sections 124 and 125 of Republic Act No. 11232, otherwise known as the Revised Corporation Code of the Philippines, and its implementing rules and regulations.

§ 2. Function in the Event of Death or Permanent Incapacity. As Nominee, and in the event of your death or permanent incapacity, I shall sit as director and manage the affairs of the Corporation. I shall continue to act as such director and manage the affairs of the Corporation until the legal heirs have been lawfully determined, and the said heirs have designated one of them or have agreed that the estate shall be the single stockholder of the Corporation, in accordance with Section 130 of the Revised Corporation Code and the applicable provisions of the Civil Code of the Philippines on succession.

§ 3. Function in the Event of Temporary Incapacity. In case of your temporary incapacity, I shall sit as director and manage the affairs of the Corporation during the period of such incapacity, until you have recovered and are able to resume the management of the Corporation.

§ 4. Scope and Limitations of Authority. In the event that I am called upon to manage the affairs of the Corporation, I acknowledge and understand the scope and limitations of my authority as Nominee to be as follows:

________

§ 5. Alternate Nominee. I acknowledge that the Alternate Nominee designated by you, ________, of ________, shall replace me as Nominee for the reasons and in the manner provided under Section 126 of the Revised Corporation Code, including in the event of my death, incapacity, refusal, or inability to so act.

§ 7. Term and Revocation. This designation may be changed or revoked by you at any time by giving written notice to me and to the Securities and Exchange Commission, in accordance with Section 126 of the Revised Corporation Code, without prejudice to my right to resign as Nominee upon written notice to you.

Thank you for the trust and confidence you have reposed upon me.

Sincerely,


________
Nominee
TIN - ________
Government-Issued ID No. - ________

CONFORME / NOTED BY THE SINGLE STOCKHOLDER:


________
Single Stockholder
TIN - ________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES )
________ ) S.S.

BEFORE ME, a Notary Public for and in ________, this ________, personally appeared the foregoing persons, known to me and to me known to be the same persons who executed the foregoing instrument, who exhibited to me their competent evidence of identity as indicated above, and who acknowledged to me that the same is their free and voluntary act and deed.

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


________
Notary Public

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

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