25 November 2024
SEC MC 15, series 2023
This guide highlights the essentials of understanding Blue Bonds, Blue Projects and Blue activities in the Philippines.
Corporate Secretarial Alerts
Insights
Corporate Secretarial Alerts
Latest updates to Corporate Secretarial regulations in the Philippines
Being aware of the laws, regulations, and memorandum circulars for Corporate Secretarial services in the Philippines can help employers avoid incurring penalties by remaining legally compliant. We've compiled the most relevant and applicable issuances to help employers on this task.
27 September 2024
SEC MC 13, series 2024
The Securities and Exchange Commission (SEC) provides updated guidelines regarding the penalties for non-filing of reportorial requirements through their Enhanced Compliance Incentive Plan.
8 February 2024
SEC MC No. 2 Series 2024
The Securities and Exchange Commission (SEC) has implemented updated deadlines and guidelines for submitting annual reports of corporations in 2024.
Internet Transactions Act of 2023
21 December 2023 President Ferdinand Marcos Jr. signed a new Republic Act regarding Internet Transactions between businesses and customers. Highlighting the new rules and guidelines for doing online transactions with fellow businesses and customers.
SEC MC No.9 - Series 2023
14 August 2023 The Securities Exchange Commission (SEC) extended the deadline for their Amnesty Application and streamlined application guidelines.
FIRB RMC 1-2023
19 June 2023 The Fiscal Incentives Review Board (FIRB) promotes online submission of the Annual Tax Incentives Report (ATIR) and the Annual Benefits Report (ABR).
IFEA launch annoucement
10 May 2023 The International Foundation for Ethics and Audit (IFEA) highlights its proposal to increase standard-setting system independence by establishing a new independent entity.
SEC Memorandum Circular 6, series 2023
02 May 2023 The Securities and Exchange Commission (SEC) issues a deadline extension for amnesty applications to various reportorial requirements.
SEC MC 1, Series 2023
09 March 2023 The Securities Exchange Commission (SEC) extends the deadline for the 2023 filing of Annual Financial Statements.
SEC MC 10, series 2022
20 January 2023 The Securities Exchange Commission(SEC) discusses new guidelines for beneficial ownership and non-disclosure deadlines.
E-commerce restrictions & requirements Philippines
15 November 2022 Forvis Mazars shares a guide on the basic requirements for conducting e-commerce in the Philippines.
Corporate Term under the Revised Corporation Code
Forvis Mazars shares a blog explaining the overarching effects of the Revised Corporation Code, along with the Corporate Term, one of the code's most significant revisions
SEC Memorandum Circular 04-2022
28 July 2022 The Securities and Exchange Commission emphasizes the stringent guidelines and procedures that handle the disqualification of directors, trustees, and corporate officers to promote excellent corporate governance in the county.
Business reforms in 2022
Foreign investment was updated during the Philippine Senate final reading of Senate Bill (SB) 2094, amending the Public Service Act, allowing one hundred (100) percent foreign ownership of public services.
Philippine IPAS foreign investor tax incentives
Investment Promotion Agencies (IPAs) are government agencies that create awareness of the current investment opportunities in the country to attract investors, this article explains their importance and benefits for businesses operating in the Philippines.
SEC Financial Reporting Bulletins 2022 revisions
The Securities and Exchange Commission (SEC) held a meeting deciding that specific Financial Reporting Bulletins (FRBs) needed to be updated because of the changes in the rules regarding financial reporting.
SEC enlists firms using crowdfunding portals
The Securities and Exchange Commission (SEC) will venture into working with crowdfunding portals over the next two years, adding 888 firms and franchises that are targeted to be enlisted.
SEC gives guidelines on filing or submitting MDF
The Securities and Exchange Commission (SEC) releases guidelines for non-stock corporations on how to effectively file and submit a Mandatory Disclosure Form (MDF).