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Sunday, May 19, 2024

Early filing of reports urged

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The Securities and Exchange Commission urged publicly listed and private companies to file early their annual audited financial statements and general information sheet as required by the Corporation Code and the Securities Regulation Code.

“I am appealing to all companies to file their annual reports early and not wait for the last day,” said SEC chairperson Teresita Herbosa.

“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,” she said.

The SEC directed all companies, including branch offices, representative offices, regional headquarters and regional operating headquarters of foreign corporations, starting April 18 to May 20, to file their annual reports, depending on the last numerical digit of their registration or license number.

Companies with SEC registration number ending in 1 and 2 should file their reports from April 18 to 22, while those ending in 3 and 4 are required to submit from April 25 to 29. Companies with registration number ending in 5 and 6 are scheduled to file their reports on May 2 to 6.

Companies with SEC registration license ending in 7 and 8 must file their reports on May 10 to 13 and while those ending in the 9 and 0 are scheduled to submit their reports from May 16 to 20.

Late filings or filing after due dates will be accepted starting May 23, 2016, subject to the prescribed penalties.

All corporations may file their reports at the SEC head office in EDSA Ortigas, satellite offices in Robinson’s Galleria, Ali Mall-Cubao, SM Manila, and SM North EDSA following the 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.

Companies may file reports earlier than April 18 regardless of the last numerical digit of their registration or license number.

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