Corporate

Filing of AFS/ARs and GIS with the SEC

Updated as of 20 July 2020

The SEC Main Office is temporarily closed until 26 July 2020 for disinfection and in Notices dated 12 and 14 July 2020the SEC announced adjustments in the procedures and deadlines for submissions of the AFS and GIS during the temporary closure:

Adjusted Deadlines:

Corporations shall follow the adjusted deadlines below:

  • AFS

Corporations shall strictly follow the filing schedule for AFS below based on their registration number below. [Note: Dates in italics are added in SEC Notice dated 12 July 2020.]

Filing Schedule

Last Digit of SEC Registration /

License Number

July 1, 2, 3, 6, 7, 8, 9, 10

August 10, 11, 12, 13, 14

1 and 2

July 13, 14, 15, 16, 17

August 17, 18, 19, 20

3 and 4

July 20, 21, 22, 23, 24

5 and 6

July 27, 28, 29, 30

August 24, 25, 26, 27, 28

7 and 8

August 3, 4, 5, 6, 7

9 and 0

  • GIS

Corporations that held their annual stockholders’ meetings during the ECQ and MECQ in the National Capital Region may still submit their GIS until 31 August 2020 without penalties.


Modes of Filing for AFS and GIS:

The Notices dated 12 and 14 July 2020 provide that corporations shall submit their AFS and GIS through:

1. Courier services using the SENS facility at http://sens.secexpress.ph Note, however, that per the www.secexpress.ph “SENS submissions will start on 27 July 2020.”

Corporations may request:

  • return copies by including in their submissions prepaid return envelopes with stamps. No request for return may now be processed on the same day
  • plain or authenticated copies of their AFS, GIS and other documents through the SEC Express System at http://secexpress.ph two months after receipt.

2. Email submissions of scanned copies of duly signed, and if applicable, notarized copies through:

Report

Email Address

AFS

ermdfs1@sec.gov.ph

ermdfs2@sec.gov.ph

GIS

mlmliwanag@sec.gov.ph

mtdmabuyo@sec.gov.ph

Documents shall be considered received on the date reflected in the Acknowledgment Receipt that the SEC shall send through email. Accordingly, printed copies may be submitted through courier or the Philippine Postal Corporation (PHLPost) following the filing schedule provided above, but the reckoning date of receipt shall be based on the Acknowledgment Receipt.

Corporations are still directed to follow pertinent previously issued guidelines posted on the SEC website at: http://www.sec.gov.ph/public-information-2/investors-education-and-information/covid-19-related-issuances/.

3. Submissions to the SEC Extension Offices:

Corporations outside of the NCR may continue filing their reports with the SEC Extension Offices except that SEC- Cebu Extension Office shall be closed while Cebu City is under ECQ.

Click here to read the following referred issuances:


Disclaimer: The information in this website is provided for general informational purposes only. No information contained in this post should be construed as legal advice from Platon Martinez or the individual author, nor is it intended to be a substitute for legal counsel on any subject matter. No reader of this post should act or refrain from acting on the basis of any information included in, or accessible through this post without seeking the appropriate legal or other professional advice on the particular facts and circumstances.