๐ฆ๐๐ ๐๐ฒ๐ฐ๐๐ฟ๐ฒ๐ ๐๐ข๐ ๐ฎ๐ฝ๐ฝ๐ฟ๐ผ๐๐ฎ๐น ๐๐ผ ๐ฒ๐ ๐ฒ๐บ๐ฝ๐ ๐บ๐ถ๐ฐ๐ฟ๐ผ ๐ฒ๐ป๐๐ฒ๐ฟ๐ฝ๐ฟ๐ถ๐๐ฒ๐ ๐ณ๐ฟ๐ผ๐บ ๐๐๐ฏ๐บ๐ถ๐๐๐ถ๐ป๐ด ๐ฎ๐๐ฑ๐ถ๐๐ฒ๐ฑ ๐๐ฆ, ๐ฟ๐ฒ๐น๐ฒ๐ฎ๐๐ฒ๐ ๐ฑ๐ฟ๐ฎ๐ณ๐ ๐ฟ๐๐น๐ฒ๐
As seen on SEC’s Official FB – The Securities and Exchange Commission (SEC) has secured approval from the Department of Finance (DOF) to simplify the reportorial requirements of micro enterprises by allowing them to submit certified, instead of audited, financial statements. Accordingly, the Commission on December 9 issued for public comment the proposed Amendments to […]
๐ฆ๐๐ ๐ถ๐๐๐๐ฒ๐ ๐ฟ๐ฒ๐๐ถ๐๐ฒ๐ฑ ๐ฟ๐๐น๐ฒ๐ ๐ณ๐ผ๐ฟ ๐ฏ๐ฒ๐ป๐ฒ๐ณ๐ถ๐ฐ๐ถ๐ฎ๐น ๐ผ๐๐ป๐ฒ๐ฟ๐๐ต๐ถ๐ฝ ๐ฑ๐ฒ๐ฐ๐น๐ฎ๐ฟ๐ฎ๐๐ถ๐ผ๐ป
The Securities and Exchange Commission (SEC) has issued Memorandum Circular No. 15, Series of 2025 or the Beneficial Ownership Disclosure Rules of 2026 to strengthen corporate transparency, accountability, and good governance. The revised rules enhance the accuracy and accessibility of beneficial ownership information, supporting efforts to prevent the misuse of corporate structures and combat financial […]
๐ฆ๐๐ ๐ฟ๐ฒ๐ฐ๐ฎ๐น๐ถ๐ฏ๐ฟ๐ฎ๐๐ฒ๐ ๐ถ๐ป๐๐ฒ๐ฟ๐ฒ๐๐ ๐ฟ๐ฎ๐๐ฒ ๐ฐ๐ฎ๐ฝ ๐ณ๐ผ๐ฟ ๐ณ๐ถ๐ป๐ฎ๐ป๐ฐ๐ถ๐ป๐ด, ๐น๐ฒ๐ป๐ฑ๐ถ๐ป๐ด ๐ณ๐ถ๐ฟ๐บ๐
The Securities and Exchange Commission (SEC) is tightening the cap on interest rates and related fees charged by financing and lending companies for specific loans to protect financial consumers, as well as promote the industryโs competitiveness. The Commission on December 10 issued SEC Memorandum Circular No. 14, Series of 2025, which provides for the Recalibrated […]
ADVISORY – In line with the issuance of Revenue Memorandum Circular No. 107-2025
PUBLIC ADVISORY: In line with the issuance of Revenue Memorandum Circular No. 107-2025, everyone may send their complaints, concerns, and suggestions relating to audits and the issuance of Letters of Authority (LOAs) and Mission Orders directly to this email address: tellthecommissioner@bir.gov.ph
Revenue Memorandum Circular No. 105-2025
Clarifying the Taxability of Health Emergency Allowance Granted Under Republic Act No. 11712, Otherwise Known as the “Public Health Emergency Benefits and Allowances for Health Care Workers Act” Full text: https://tinyurl.com/38sd44t4
๐ฆ๐๐ ๐ฃ๐ต๐ถ๐น๐ถ๐ฝ๐ฝ๐ถ๐ป๐ฒ๐ ๐๐ฒ๐ฎ๐บ๐ ๐๐ฝ ๐๐ถ๐๐ต ๐๐ฎ๐บ๐ฏ๐ผ๐ฑ๐ถ๐ฎ๐ป ๐๐ฒ๐ฐ๐๐ฟ๐ถ๐๐ถ๐ฒ๐ ๐ฟ๐ฒ๐ด๐๐น๐ฎ๐๐ผ๐ฟ ๐๐ผ ๐ฑ๐ฒ๐๐ฒ๐น๐ผ๐ฝ ๐ฐ๐ฎ๐ฝ๐ถ๐๐ฎ๐น ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐๐
The Securities and Exchange Commission (SEC) Philippines and the Securities and Exchange Regulator of Cambodia (SERC) have formally entered into an agreement to collaborate in developing their capital markets. In a ceremony held in Kuala Lumpur, Malaysia on November 4, both regulators signed a memorandum of understanding (MoU) promoting mutual assistance, information exchange, and stronger […]
๐ฆ๐๐ ๐ฟ๐ผ๐น๐น๐ ๐ผ๐๐ ๐ณ๐ฟ๐ฒ๐ฒ ๐ฐ๐ผ๐บ๐ฝ๐ฎ๐ป๐ ๐ฟ๐ฒ๐ด๐ถ๐๐๐ฟ๐ฎ๐๐ถ๐ผ๐ป ๐๐ถ๐บ๐๐น๐ฎ๐๐ถ๐ผ๐ป ๐ฝ๐น๐ฎ๐๐ณ๐ผ๐ฟ๐บ
As seen on SEC’s Official Facebook Page – The Securities and Exchange Commission (SEC) has launched an online platform that allows entrepreneurs to simulate the company registration process, making doing business easier in the country. The Commission has unveiled the Company Registration Simulation, a feature offered at no cost to users, under its newly revamped […]
Former Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr. officially handed over the reins to newly appointed BIR Commissioner Charlito Martin R. Mendoza
As posted on BIR’s Facebook – Former Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr. officially handed over the reins to newly appointed BIR Commissioner Charlito Martin R. Mendoza in a ceremony on November 17, 2025. The turnover ceremony was witnessed by the entire BIR family, with the regional offices attending online via Zoom. […]
Technology Outsourcing in the Philippines 2025
Posted on Chambers and Partners official Website: BPO BPO is evolving with trends such as the integration of robotic process automation (RPA) and AI, a heightened focus on customer experience (CX), and support for digital transformation. The adoption of cloud-based solutions, advanced analytics, and knowledge process outsourcing (KPO) is also prominent. The industry is adapting […]
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
