No Longer a Problem: Conversion from an Ordinary Stock Corporation to a One Person Corporation and Vice Versa
—Reginald Anton J. Puno, Partner—Mitchel Q. Tuazon, Associate Setting up a corporation has always been a challenge, even daunting, for single business owners, since they were required to gather a fixed number of warm bodies under the Old Corporation Code (“OCC”) – some whom they may not even know well – to join him/her as