THE Securities and Exchange Commission (SEC) said it will implement starting Thursday, Jan. 13, a “zero face-to-face transaction” policy to help prevent the spread of the coronavirus disease 2019 (COVID-19). READ:
“All applications for company registration, submissions of reportorial requirements, and other transactions in main office in Pasay City and former headquarters in Mandaluyong City will be processed through online portals, e-mail, courier, and other remote means,” the commission said in an e-mailed statement on Wednesday.
“For the registration of domestic stock and nonstock corporations and for the recording of partnerships and licenses to do business for foreign corporations, applicants may use the Electronic Simplified Processing of Application for Registration of Company ,” it noted. At the same time, the commission reminded companies that they must use the Electronic Filing and Submission Tool to submit their annual financial statements and general information sheets .
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