In relation with the ease of doing business, the Office of the Chairperson of the Securities and Exchange Commission (SEC) has issued SEC Memorandum Circular No. 2 Series of 2020 to maintain an organized and orderly filing of the annual reports of Audited Financial Statements (AFS) and General Information Sheet (GIS).
Audited Financial Statements of Companies whose Fiscal Year ends on December 31, 2019. – All corporations, including branch offices, representative offices, regional headquarters and regional operating headquarters of foreign corporations, shall file their AFS depending on the last numerical digit of their SEC registration or license number in accordance with the following schedule:
April 20, 21, 22, 23, 24 : 1 and 2
April 27, 28, 29, 30: : 3 and 4
May 4, 5, 6, 7, 8 : 5 and 6
May 11, 12, 13, 14, 15 : 7 and 8
May 18, 19, 20, 21, 22 : 9 and 0
All SEC Satellite Offices and Extension Offices in Cebu, Iloilo and Davao shall be governed by the above coding schedule in 2020, too. However, any corporations may file on or before its respective filing dates.
General Information Sheet (GIS)
All corporations shall file their GIS within 30 calendar days from.
a. Stock Corporations – date of actual annual stockholders’ meeting
b. Non-Stock Corporations – date of actual annual members meeting
c. Foreign Corporations – anniversary date of issuance of the SEC License
Please refer: http://www.sec.gov.ph/wp-content/uploads/2020/01/2020MCNo02.pdf of the full text of SEC Memorandum Circular No. 2 Series of 2020.
