What two primary reportorial requirements must every corporation, domestic or foreign, submit annually to the SEC?
Every corporation, whether domestic or foreign, doing business in the Philippines must submit two primary reportorial requirements annually to the SEC (SEC. 177, Revised Corporation Code of the Philippines). These reports include the annual financial statements audited by an independent certified public accountant. However, if the corporation’s total assets or total liabilities are less than Six hundred thousand pesos (P600,000.00), the financial statements may instead be certified under oath by the corporation’s treasurer or chief financial officer. The second mandatory submission is a general information sheet (GIS).
02 November 2025
About Nicolas and De Vega Law Offices
Nicolas and De Vega Law Offices is a full-service law firm in the Philippines. You may visit us at the 16th Flr., Suite 1607 AIC Burgundy Empire Tower, ADB Ave., Ortigas Center, 1605 Pasig City, Metro Manila, Philippines. You may also call us at +632 84706126, +632 84706130, +632 84016392 or e-mail us at [email protected]. Visit our website https://ndvlaw.com/.
