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    Steps Amendment at SEC

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    caicaii
    The document outlines the steps to amend articles of incorporation or bylaws for a corporation registered with the Securities and Exchange Commission of the Philippines. It explains that the applicant must 1) prepare amended documents, 2) submit them for review, 3) pay filing fees, and then 4) the application will be received, reviewed for approval, and the amended certificate can be claimed after 10 days. It also provides some frequently asked questions about what can and cannot be amended in the articles of incorporation.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Steps Amendment at SEC

    Uploaded by

    caicaii
    96 views1 page
    The document outlines the steps to amend articles of incorporation or bylaws for a corporation registered with the Securities and Exchange Commission of the Philippines. It explains that the applicant must 1) prepare amended documents, 2) submit them for review, 3) pay filing fees, and then 4) the application will be received, reviewed for approval, and the amended certificate can be claimed after 10 days. It also provides some frequently asked questions about what can and cannot be amended in the articles of incorporation.

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    Steps amendment at SEC

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    The document outlines the steps to amend articles of incorporation or bylaws for a corporation registered with the Securities and Exchange Commission of the Philippines. It explains that the applicant must 1) prepare amended documents, 2) submit them for review, 3) pay filing fees, and then 4) the application will be received, reviewed for approval, and the amended certificate can be claimed after 10 days. It also provides some frequently asked questions about what can and cannot be amended in the articles of incorporation.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    96 views1 page

    Steps Amendment at SEC

    Uploaded by

    caicaii
    The document outlines the steps to amend articles of incorporation or bylaws for a corporation registered with the Securities and Exchange Commission of the Philippines. It explains that the applicant must 1) prepare amended documents, 2) submit them for review, 3) pay filing fees, and then 4) the application will be received, reviewed for approval, and the amended certificate can be claimed after 10 days. It also provides some frequently asked questions about what can and cannot be amended in the articles of incorporation.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 1

    File the application with the Receiving Unit of the

    Company Registration and Monitoring Division (CRMD)


    located at the 3rd floor, SEC Building.
    After receipt of the application, it is forwarded to the
    Corporate Filing and Records Division (CFRD) for
    Step 1. Prepare Amended Documents verification. The assistant director will review the
    application and forward it to the Director of the Company
    Registration and Monitoring Department (CRMD) for
    Requirements approval.
    1. Amended Articles of Incorporation – Prepare
    four sets of Amended Articles of Incorporation Certificates may be claimed after ten (10) working
    or Amended By-laws. days from filing of application with the Receiving Unit of
    the CRMD; or you can contact this number for follow up
    2. Directors Certificate – a notarized document +632 584 0763.
    signed by majority of the directors and the
    corporate secretary, for example if there are five Step 5. Release of Amended Certificate
    incorporators in your company you need at least Present your official receipt to Central Receiving and
    four signatures including the corporate Records Division (CRRD) located at the ground floor, SEC
    secretary certifying the following: Building to get your amended certificate.
    If the Amended Articles of Incorporation is Article III or
    • The amendment of the Articles of Incorporation or By- the the address, be sure that you will also update your
    Laws and indicating the amended provisions records with the Local Government Units (LGU) like your
    barangay permit and mayor’s permit and also with the
    • The majority vote for amendment of the directors and Bureau of Internal Revenue (BIR) to prevent possible
    the stockholders or members problems.

    • The date and place of the stockholders or members


    meeting BONUS: Frequently Asked Questions:

    • The tax identification number (TIN) of the


    signatories which shall be placed below their names 1. Can I amend everything in the Articles of Incorporation?

    3. Secretarys Certificate – a notarized document signed by • No. There are some things that you can amend and there
    corporate secretary certifying that there is no intra- are some things you cannot amend.
    corporate dispute in the company.
    2. What items can be amended?
    • Corporate Name
    • Purpose (Primary / Secondary)
    Step 2. Submit Amended Documents • Business Address
    • Number of directors
    Submit Director’s Certificate and Amended Articles of
    • Authorized capital stock
    Incorporation and Amended By Laws at the Corporate and
    Partnership Registration Division (CPRD), located at the
    2nd floor, SEC Building for pre-processing. 3. What items cannot be amended?

    The processor checks the documents if compliant with the


    provisions of the Corporate Code of the Philippines and •  Information about the original incorporators
    other existing laws. If the documents are complete, ¤ Names of incorporators listed in original Articles of
    processor advises applicant to pay filing fee, processor will Incorporation
    give you an order of payment (proceed to step 3). If the ¤ Citizenship and residences of the Incorporators
    documents are not complete, processor advises applicant ¤ Names, citizenship and original subscription of the
    to comply with the requirements first. incorporators
    ¤ Names and contribution of each member. If you want to
    change names and contribution of each member, you can
    update it in your General Information Sheet (GIS).
    Step 3. Pay Filing Fee •  Name of the designated Treasurer. If you want to change
    your corporation’s treasurer, you can update it in the
    Present the order of payment to the cashier, pay the General Information Sheet (GIS).
    necessary filing fees and cashier will issue an official
    receipt. The cashier is located at the ground floor, SEC
    Building.

    The fee for amending either the Articles of Incorporation


    or the By-laws is PhP 510.

    Step 4. Receiving of Application

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