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Deadline extension for principal office address amendments

Philippines

An extended deadline for the amendment of the principal office address has been issued by the Securities and Exchange Commission. Taxand Philippines provides a brief overview of the update.

The Securities and Exchange Commission has extended the deadline for the amendment of the principal office address of corporations and partnerships from 31 December 2014 to 30 June 2015.The amendment is to ensure compliance with the SEC's requirement that the Articles of Incorporation or Partnership of all existing corporations and partnership, respectively, should specify the complete principal office address.

Discover more: SEC memorandum circular no.1 s.2015


Your Taxand contact for further queries is:
Serafin U. Salvador Jr
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E. susalvador@salvadorlaw.com

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Taxand's Take

Multinationals and nationals should take note of the deadline extension to ensure they amend their principal address if necessary by 30 June 2015, in order to remain compliant.

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