Apparently, in the Philippines until it was revised in 2019 companies are required to have a limited lifespan with a maximum lifespan of 50 years. (https://www.

Apparently, in the Philippines until it was revised in 2019 companies are required to have a limited lifespan with a maximum lifespan of 50 years. (https://www.pwc.com/ph/en/taxwise-or-otherwise/2020/on-the-lifespan-of-corporations-terms-and-conditions.html https://www.pwc.com/ph/en/taxwise-or-otherwise/2020/on-the-l...)