Dear CLIENTS, COLLEAGUES and FRIENDS: For your reference and file, we are pleased to send our regular corporate, tax and other legal digest. In this Article: SECURITIES AND EXCHANGE COMMISSION (“SEC”) CORPORATIONS SHALL HAVE PERPETUAL EXISTENCE UNLESS ARTICLES OF INCORPORATION PROVIDES OTHERWISE; REQUIREMENTS ON SEC SUBMISSION. BUREAU OF INTERNAL REVENUE
Public companies (PCs) and registered issuers (RIs) are mandated to submit a new Manual on Corporate Governance (MCG) within six (6) months from the effectivity date thereof, or until 12 July 2020, but extended up to 30 September 2020. Signatories of the MCG shall be the company’s Chairman of the
A gentle reminder on the following deadlines, as may be applicable: DATE FILING/SUBMISSION August 10, 2020 · Filing and payment/remittance of 1601C, 0619-E and 0619-F – Non E-FPS filers for the month of July 2019 · E-submission of E-Sales Report of all taxpayers using CRM/POS with TIN ending in odd
The SEC prescribes guidelines on corporate term. It provides that a corporation shall have perpetual existence unless its articles of incorporation provides otherwise. A corporation with certificate of incorporation issued prior to the effectivity of the Revised Corporation Code the Philippines (RRC), and which continue to exist shall have perpetual existence,
