SEC Registration: How To Register A Corporation In The Philippines

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Registering a corporation with the Securities and Exchange Commission (SEC) is not as difficult as you might think, especially if you have a small to medium-sized company. The process was made even easier with Memorandum Circular No. 6 issued by the SEC in 2012, which dispensed with a few documentary requirements.

Here’s some basic information about how to register a corporation in the Philippines.

Documentary Requirements

The following need to be submitted to the SEC upon registration:

  • Articles of Incorporation (AI) and By-laws (BL).The AI indicates your corporation’s name, incorporators, the amount of capital subscribed, paid in by each stockholder, and the primary and secondary purposes of the business.

  • Treasurer’s Affidavit.

  • Joint affidavit of two incorporators to change corporate name (not required if already stated in the AI).

In the past, corporation applicants were also required to submit a bank certificate for their paid-up capital, but this is no longer needed under Memorandum Circular No. 6. The Treasurer’s Affidavit is considered sufficient support for the applicant’s claim that the required capital stock has been paid. This will be used by the SEC to verify the existence of the declared funds. If any anomaly is found, accountability falls on the corporation’s treasurer.

Ready to register with the SEC online? Explore our step-by-step guide on using the SEC’s Online Company Registration System here. Simplify your registration process and get your business up and running seamlessly!

Clearances or endorsements from appropriate government agencies may be required, depending on the industry in which the business belongs. For example, schools would need clearances from the Department of Education, banks from the Bangko Sentral ng Pilipinas, hospitals from the Department of Health, and so on.

How can we help?

Filepino, being a one-stop shop, can assist you with your business operation from start, during its season, and up to its end. We’ve offered expert consulting services to both individuals and businesses, helping them to achieve their strategic business goals effectively.

To arrange a initial consultation, please do not hesitate to reach out to us through the following: 

FREE 30 MINS CONSULTATION

Register your Business Now!

Ready to establish your business in the Philippines? Let FilePino guide you through every step, from efficient registration to navigating government agencies hassle-free.

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New to doing a business in the Philippines or launching a start up company? Avoid the hassle of painful paperwork and register your business fast!

Setting up a company in the Philippines requires you to register your business with government agencies like the BIR, SSS, Philhealth and PagIbig

New to doing a business in the Philippines or launching a start up company? Avoid the hassle of painful paperwork and register your business fast!

Filepino

FilePino makes it easy for you. We have the most common Philippine business contracts and forms that are available for download.

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