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In the Philippines, a government-owned and controlled corporation ( GOCC ), sometimes with an "and/or", [ 1] is a state-owned enterprise that conducts both commercial and non-commercial activity. Examples of the latter would be the Government Service Insurance System (GSIS), a social security system for government employees.
The company was founded in 1981 as Coca-Cola Bottlers Philippines, Inc. and renamed Coca-Cola FEMSA Philippines, Inc. on January 25, 2013, after becoming jointly owned by Mexico-based Coca-Cola FEMSA, S.A. de C.V. and The Coca-Cola Company. The company was renamed Coca-Cola Beverages Philippines, Inc. in December 2018, after being acquired by ...
Location of the Philippines. The Philippines is a sovereign island country in Southeast Asia situated in the western Pacific Ocean. It is a founding member of the United Nations, World Trade Organization, Association of Southeast Asian Nations, the Asia-Pacific Economic Cooperation forum, and the East Asia Summit.
A non-stock corporation (or nonstock corporation) is a corporation that does not have owners represented by shares of stock, [ 1] in contrast to a joint-stock company. A non-stock corporation typically has members who are the functional equivalent of shareholders in a stock corporation. The members may have the right to vote (and other rights ...
Manulife Philippines. McDonald's Philippines. Mitsubishi Motors Philippines.
A C corporation is distinguished from an S corporation, which generally is not taxed separately. Many companies, including most major corporations, are treated as C corporations for U.S. federal income tax purposes. C corporations and S corporations both enjoy limited liability, but only C corporations are subject to corporate income taxation. [1]
Within Metro Manila, Rizal, and cities of Bacoor and San Pedro: 8123-4567. Outside Metro Manila, Rizal, and cities of Bacoor and San Pedro: 02-8123-4567. Overseas calls: +63-2-8123-4567. Since October 6, 2019, all telephone numbers with the area code 2 were migrated to eight digits, as mandated by the National Telecommunications Commission's ...