The Bureau of Immigration (BI), in a public advisory dated June 29, addresses concerns of Accredited Private Entities (APEs) on the submission deadline for accreditation requirements. BI took into consideration the appeal for deadline extension given the circumstances that the current BI Accreditation expired on June 30, and compliance processes have been hampered due to quarantine restrictions.
News/Advisory
The Bureau of Internal Revenue (BIR) released Revenue Memorandum Circular (RMC) No. 62-2020 indicating the entire list of medicines exempted from Value Added Tax (VAT) specifically for illnesses such as Diabetes, High-Cholesterol, and Hypertension.
The Securities and Exchange Commission (SEC), under the SEC Memorandum Circular (MC) No. 18 Series of 2020, has clarified the procedures to follow on the submission of Annual Financial Statements (AFS) and General Information Sheet (GIS) via mail or courier.
The Securities and Exchange Commission (SEC), under the SEC Memorandum Circular (MC) No. 18 Series of 2020, has adopted new procedures on accepting reports for Annual Financial Statements (AFS) and General Information Sheet (GIS) throughout the filing period after the Community Quarantine.
The Securities and Exchange Commission (SEC), in a public notice dated June 11, 2020, has released several measures to ease the financial burden of borrowers in view of the grave effect of the Coronavirus (COVID-19) pandemic impact in finances of the Filipinos.
The Securities and Exchange Commission (SEC), in a public notice dated June 2020, has further extended the deadline for submission of the Mandatory Disclosure Form (MDF) for non-stock corporations.
The Securities and Exchange Commission (SEC), in a public notice dated June 01, 2020, has ceased the mandatory grace period to loans falling due within the period of the General Community Quarantine (GCQ) or Modified General Community Quarantine (MGCQ) since June 01, 2020.
The Securities and Exchange Commission (SEC), in a press release dated May 25, 2020, has introduced new modes of submission of Annual Report hard copies in compliance with the implemented Coronavirus (COVID-19) prevention measures.
The Securities and Exchange Commission (SEC), in a press release dated May 25, 2020, has issued the new deadline and submission process of Annual Reports, Annual Financial Statements (AFS) and General Information Sheet (GIS).
The Securities and Exchange Commission (SEC), under the SEC Memorandum Circular (MC) No. 17 Series of 2020, has extended the deadline on submission of the Annual Reports, Audited Financial Statements (AFS) and applicable Quarterly Reports.