Considering how to convert your business from an Ordinary Stock Corporation (OSC) to a One Person Corporation (OPC) or vice versa?
In this video, we’ll explain the process as outlined by the Securities and Exchange Commission (SEC) in their Memorandum Circular No. 27, Series of 2020.
Learn about:
- Step-by-step guide for converting from OSC to OPC and OPC to OSC
- Required documents and SEC requirements
- How to correctly fill out SEC forms
- Benefits of converting to OPC for solo business owners
- Importance of converting from OPC to OSC when adding new stockholders
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