Clarification on the Documentary Requirements for Business Registration Being Signed by the Assistant Corporate Secretary of a Corporation
On BIR’s Social Media Page – Revenue Memorandum Circular No. 91-2025 – Clarification on the Documentary Requirements for Business Registration Being Signed by the Assistant Corporate Secretary of a Corporation – Read full article below. https://bir-cdn.bir.gov.ph/BIR/pdf/RMC%20NO.%2091-2025.pdf?fbclid=IwY2xjawN0_7VleHRuA2FlbQIxMABicmlkETFaSXR5aFVXNlZZMGY1UnZNAR7LWPaUV6-xJmy_OaDndlid6MWD0TlmqcqG9W7-BXUfR691NRCECDneDXWHgw_aem_YT0qdhnFFFZY6vIrSxI1gQ
SECEconomics – 2025
The SEConomics September 2025 issue features key developments in the global equities and fixed income markets, the countryโs national debt, and the enactment of Republic Act No. 12253, or the Enhanced Fiscal Regime for Large-Scale Metallic Mining Act. Global equities climbed in September, supported by rallies in U.S. markets following the Fedโs first rate cut […]
๐ฆ๐๐ ๐ข๐จ๐ง๐๐๐ก๐๐ฆ ๐ฅ๐จ๐๐๐ฆ ๐ข๐ก ๐๐ซ๐๐ ๐ฃ๐ง ๐ง๐ฅ๐๐ก๐ฆ๐๐๐ง๐๐ข๐ก๐ฆ ๐จ๐ก๐๐๐ฅ ๐ฆ๐ฅ๐
The Securities and Exchange Commission (SEC) has released guidelines on exempt transactions under Section 10 of the Securities Regulation Code (SRC), streamlining procedures to promote ease of doing business while ensuring investor protection. This amendment clarifies when confirmation of exemption and payment of fees are required, providing greater transparency and predictability for companies and market […]
๐ฆ๐๐, ๐๐ข๐ ๐๐ถ๐ด๐ป ๐ฏ๐ฒ๐ป๐ฒ๐ณ๐ถ๐ฐ๐ถ๐ฎ๐น ๐ผ๐๐ป๐ฒ๐ฟ๐๐ต๐ถ๐ฝ ๐ฑ๐ฎ๐๐ฎ ๐๐ต๐ฎ๐ฟ๐ถ๐ป๐ด ๐ฑ๐ฒ๐ฎ๐น
The Securities and Exchange Commission (SEC) has signed a Data Sharing Agreement (DSA) with the Department of Finance (DOF) to strengthen transparency and accountability in the extractive sector through the Philippine Extractive Industries Transparency Initiative (PH-EITI). The deal enhances access to beneficial ownership data of companies in line with global standards, supporting efforts to combat […]
๐ก๐ผ๐๐ถ๐ฐ๐ฒ ๐๐ผ ๐ฆ๐๐ ๐ฐ๐ผ๐๐ฒ๐ฟ๐ฒ๐ฑ ๐ฝ๐ฒ๐ฟ๐๐ผ๐ป๐ ๐ผ๐ป ๐๐ต๐ฒ ๐ฝ๐ฟ๐ผ๐ต๐ถ๐ฏ๐ถ๐๐ถ๐ผ๐ป ๐ฎ๐ด๐ฎ๐ถ๐ป๐๐ ๐๐ฟ๐ฎ๐ป๐๐ฎ๐ฐ๐๐ถ๐ผ๐ป๐ ๐ถ๐ป๐๐ผ๐น๐๐ถ๐ป๐ด ๐ผ๐ป๐น๐ถ๐ป๐ฒ ๐ด๐ฎ๐บ๐ฏ๐น๐ถ๐ป๐ด ๐ฝ๐น๐ฎ๐๐ณ๐ผ๐ฟ๐บ๐ ๐ป๐ผ๐ ๐ฟ๐ฒ๐ด๐ถ๐๐๐ฒ๐ฟ๐ฒ๐ฑ ๐๐ถ๐๐ต ๐ฃ๐ต๐ถ๐น๐ถ๐ฝ๐ฝ๐ถ๐ป๐ฒ ๐๐บ๐๐๐ฒ๐บ๐ฒ๐ป๐ ๐ฎ๐ป๐ฑ ๐๐ฎ๐บ๐ถ๐ป๐ด ๐๐ผ๐ฟ๐ฝ๐ผ๐ฟ๐ฎ๐๐ถ๐ผ๐ป (๐ฃ๐๐๐๐ข๐ฅ)
As seen on SEC’s official page: The Anti-Money Laundering Council (AMLC) issued a reminder to all covered persons on the prohibition against transactions involving online gambling platforms not registered with Philippine Amusement and Gaming Corporation (PAGCOR). In view of the foregoing, all covered persons (CPs) supervised and regulated by the Securities and Exchange Commission (SEC) […]
BIR – Revenue Regulations No. 20-2025
BIR releases announcement on Revenue Regulations No. 20-2025 – Implementing the Rate Adjustment of Stock Transaction Tax (STT) and the Imposition of the STT on the Sale of Exchange of Domestic Shares of Stocks and Other Securities Listed and Traded Through a Foreign Stock Exchange Under Section 17 of Republic Act No. 12214, Otherwise Known […]
๐ก๐ข๐ง๐๐๐: ๐๐บ๐ฒ๐ป๐ฑ๐บ๐ฒ๐ป๐ ๐ผ๐ณ ๐ฅ๐ฒ๐พ๐๐ถ๐ฟ๐ฒ๐บ๐ฒ๐ป๐๐ ๐ณ๐ผ๐ฟ ๐๐ฝ๐ฝ๐น๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป๐ ๐๐ผ ๐๐ฒ๐ฐ๐ฟ๐ฒ๐ฎ๐๐ฒ ๐๐ฎ๐ฝ๐ถ๐๐ฎ๐น ๐ฆ๐๐ผ๐ฐ๐ธ
SEC releases an announcement on requirements for decrease of capital, The Securities and Exchange Commission (SEC) no longer requires the written consent of each creditor for applications to decrease authorized capital stock filed via the Financial Analysis and Audit Department (FAAD). However, please be reminded that the publication requirement for such applications will be strictly […]
๐ฆ๐๐ ๐ฑ๐ถ๐ฟ๐ฒ๐ฐ๐๐ ๐ฑ๐ฒ๐ฐ๐น๐ฎ๐๐๐ถ๐ณ๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ณ ๐ฐ๐ผ๐บ๐บ๐ผ๐ป ๐๐ต๐ฎ๐ฟ๐ฒ
ON August 8 – The SEC released news regarding declassification of common share. The Securities and Exchange Commission (SEC) has directed all listed companies to discontinue the classification of common shares previously imposed to monitor foreign ownership limits, to ensure efficiency in executing and settling equity trades. The Commission on August 7 issued SEC Memorandum […]
๐ฆ๐๐ ๐ฏ๐ผ๐น๐๐๐ฒ๐ฟ๐ ๐๐๐ฝ๐ฝ๐ผ๐ฟ๐ ๐ณ๐ผ๐ฟ ๐ ๐ฆ๐ ๐๐ ๐ฏ๐ ๐ฐ๐๐๐๐ถ๐ป๐ด ๐ฟ๐ฒ๐ฑ ๐๐ฎ๐ฝ๐ฒ ๐ณ๐ผ๐ฟ ๐ฟ๐ฒ๐ด๐ถ๐๐๐ฟ๐ฎ๐๐ถ๐ผ๐ป, ๐ณ๐๐ป๐ฑ ๐ฟ๐ฎ๐ถ๐๐ถ๐ป๐ด
Recently, SEC announced their efforts on soldering the support for MSME, as seen on Manila Bulletin and posted on their website and social media channels, read them below. The Securities and Exchange Commission (SEC) has bolstered support for micro, small, and medium enterprises (MSMEs) with fresh initiatives to bring its services closer to businesses, including […]
