Here are the Requirements Needed for SEC Registration
Partnerships and corporations are required to register with the Securities and Exchange Commission (SEC) before running any business. Here’s what you need to submit.
Based on the latest data from the Securities and Exchange Commission (SEC), there are over 1.07 million registered partnerships and corporations in the country. What's more, this number is expected to rise—given that the economy is in the process of recovery from the effects of the pandemic and many have been encouraged to start business ventures.
Thing is, when starting a business here in the Philippines, a lot of paperwork and processes need to be completed—including the business permit and Department of Trade and Industry (DTI) registration for sole proprietorships. But for new partnerships and corporations, in particular, you'll need to get an SEC registration.
If you're planning to register a new partnership or corporation, here are the requirements you must submit, as well as other reminders to keep in mind during the registration process.
General Documentary Requirements for Registration of Partnerships and Corporations
Whether or not you’re applying for the registration of a partnership or corporation, you have to abide by certain documentary requirements—the most basic of which is that all application forms and documents should come in four copies each. These application forms and documents should also be on A4-size bond paper with cover sheets.
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