Regulator urges early filing of annual reports

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The Securities and Exchange Commission (SEC) is asking companies to file their audited financial statements (AFS) ahead of the deadline required by the Corporation Code and the Securities Regulation Code.

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“They can file at the head office or at our extension and satellite offices for their convenience. Also, companies can now file reports by courier via the SEC Express Nationwide Submission (SENS),” SEC chairperson Teresita Herbosa said a statement.

Corporation can file their AFS and general information sheet reports regardless of the last numerical digit of their registration or license number before April 18.

From April 18 to May 20, all corporations, including branch offices, representative offices, regional headquarters and regional operating headquarters of foreign corporations, should file their AFS depending on the last numerical digit of their SEC registration or license number.

Late filings or filing after the due dates will be accepted starting May 23 and will be subject to the prescribed penalties.

Corporations can file their reports at the SEC EDSA Ortigas head office and all SEC satellite offices in Robinson’s Galleria, Ali Mall-Cubao, SM Manila and SM North EDSA following a number coding schedule.

The SEC has also offices in Baguio City, Tarlac City, Legaspi City, Cebu City, Iloilo City, Cagayan de Oro City, Davao City and Zamboanga City.

PNA

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