InCorp Philippines – Advisories
We release advisories on the latest issuances, memorandums, and notices from the government for companies doing business in the Philippines.
As a registered enterprise in the Philippines, your company is required to renew its local business permit within the period of January 1st and 20th each year with the Local Government Unit (LGU) which has jurisdiction over your office location.
SEC has made starting a business even faster and easier, as it held the soft launch for a new feature in its online company registration system that will allow applicants to complete the process in one day.
The Securities and Exchange Commission has extended the deadline to comply with SEC Memorandum Circular No. 28, series of 2020, without penalty.
SEC launched PIO under its Corporate Governance and Finance Department to ensure Fintech regulation in the Philippines.
The Bureau of Immigration (BI) recently released guidelines regarding the issuance of 9(g) visas to foreign nationals who are currently outside of the Philippines.
The Securities and Exchange Commission (SEC) has extended the deadline for submission of 2020 Annual Reports for the Calendar Year (CY) ending December 31, 2020.
The Securities and Exchange Commission (SEC) issued SEC Memorandum Circular (MC) No. 3-2021 to prescribe the use of the Online Submission Tool (OST) for the filing of audited financial statements (AFS), general information sheets (GIS), and other annual reports of registered corporations in the Philippines.
In an effort to further combat money laundering and terrorist financing activities in the Philippines, the Securities and Exchange Commission (SEC) issued SEC Memorandum Circular (MC) No. 01-2021, otherwise known as the Beneficial Ownership Transparency Guidelines.
The Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF-MEID) issued Resolution No. 98 on February 4 to prescribe the list of foreign nationals allowed to enter the Philippines starting February 16.