How to Apply SSS Retirement Benefit

A member who is qualified to avail the SSS Retirement Benefit should consider the following:

1. Application Requirements

a. Retirement Claim Application

b. DDR Signature Card

c. DDR Savings Account form;

d. Certificate of Separation from last employer (if member is less than 65 years old) ;

e. Passbook or ATM Card (if pension);

A member must open a single savings account in the bank of his choice and submit to the SSS his savings account number and a photocopy of his passbook or ATM Card upon filing of his application. 

f. The original copy of the passbook must be presented for authentication purposes.

g. Certified true copies of birth or baptismal certificate of dependent children;

h. Certified of cessation of business or practice of profession (for self-employed members who are less than 65 years old);

i. Certified true copy of marriage certificate

j. Proofs of filiation for illegitimate dependent children

k. UMID or SSS biometrics ID card or two (2) other valid IDs, both with signature and at least one (1) with photo and date of birth.

* Other supporting documents may be requested by SSS depending on the evaluation of the claim

2. Filing Procedure

Applications for retirement benefit are filed at any SSS branch or representative office. 

SOURCE: https://www.sss.gov.ph/sss/appmanager/pages.jsp?page=retirementapplication

How To Increase Your Pag-IBIG Monthly Savings: Save More and Qualify for Higher Loan Amounts and Bigger Dividend Earnings

The savings of Pag-IBIG members is earning with 4% annual dividends and the bigger dividends means bigger savings for its members.

Besides,  the bigger savings with Pag-IBIG means that your maximum loanable amount is higher.

1. The Multi-Purpose Loan (MPL) Program aims to address the member’s immediate financial needs. The loan amount is based on the member-borrower’s total savings and length of membership with Pag-IBIG.* 

2. The Calamity Loan Program is open to members whose place of residence has been placed under a state of calamity after a natural disaster. The loan amount is 80% of the member-borrower’s total savings with Pag-IBIG.* * 

 - While the loan amount of the MPL will not be deducted from the Calamity loan and vice versa, the combined loan amount under both programs should not exceed 80% of the member’s total savings. 

3. The Housing Loan Program is a financial assistance for the purchase or construction of a residential unit. The maximum loan amount is P6 million. The member-borrower’s monthly savings with Pag-IBIG, together with his gross monthly income, the appraised value of the property, and his actual need, shall be considered when computing his approved loan value.

Here’s how to increase your monthly savings: 

1. For employed members, just inform your HR officer that you want to pay more than the minimum savings of P100 per month. Your HR may require you to sign a form pertaining to the increased monthly savings. 

2. For individual payors, like professionals, other OFW-members, businessmen, etc., just pay the higher monthly savings to Pag-IBIG. No need to fill out any form. Your increased savings will automatically be credited to your total savings. 

Where to pay: 

1. For employed members who pay their savings to Pag-IBIG thru salary deduction, their employers may remit their savings thru any of Pag-IBIG’s accredited collecting banks or over- the -counter at the nearest Pag-IBIG branch office. 

Employers may remit their employees membership savings at the following accredited collecting agents: - Union Bank (Pag-IBIG Hub) - BPI (BPI ExpressLink) - LANDBANK (wePayAccess) - BancNet (Pag-IBIG Net)** - Security Bank (Pag-IBIG Real Time Facility)** **By 3rd quarter 2013 

Note: Payment through these facilities requires enrollment. 

2. Individual payors may pay their savings using the following facilities:  

- VISA or MasterCard credit cards 

- Globe GCash 

- Bayad Center outlets 

- SM Business Centers, Save More and SM Hypermart

- Over-the-counter at the nearest Pag-IBIG branch office. 

For more information, you may also call our 24/7 hotline number 724-4244 or email us at publicaffairs@pagibigfund.gov.ph. 

SOURCE: http://www.pagibigfund.gov.ph/faqpdf/Save%20More%20with%20Pag-IBIG%20Fund%20Pop.pdf

Who Else Wants to Know about the SSS Retirement Benefit, Benefit Computation, Benefit Payment and Other Benefits?

A member is qualified to avail of this benefit if:

1. Member is 60 years old, separated from employment or ceased to be self-employed, and has paid at least 120 monthly contributions prior to the semester of retirement.

2. Member is 65 years old, whether employed or not, and has paid at least 120 monthly contributions prior to the semester of retirement.

3. Underground Mineworkers:

- Aged 55 years old and is an underground mineworker for at least 5 years (either continuous or accumulated) prior to the semester of retirement but whose actual date of retirement is not earlier than March 13, 1998; separated from employment or has ceased self-employment; and has paid at least 120 monthly contributions prior to the semester of retirement.

- Aged 60 years old, whether employed or not, and has paid at least 120 monthly contributions prior to the semester of retirement.

The SSS retirement benefit is a cash benefit either in monthly pension or lump sum paid to a member who can no longer work due to old age.

Two types of SSS retirement benefit:

1. Monthly pension - a lifetime cash benefit paid to a retiree who has paid at least 120 monthly contributions to the SSS prior to the semester of retirement.

2. Lumpsum amount - granted to a retiree who has not paid the required 120 monthly contributions. It is equal to the total contributions paid by the member and by the employer including interest.

Monthly Pension

Benefit Computation

The monthly pension depends on the member's paid contributions, his credited years of service (CYS), and the number of his dependent minor children that must not exceed five. The monthly pension will be the highest amount resulting from either one of these three pension formulae:

1. the sum of P300 plus 20 percent of the average monthly salary credit plus two percent of the average monthly salary credit for each credited year of service (CYS) in excess of ten years; or

2. forty (40) percent of the average monthly salary credit; or

3. P1,200, if the CYS is at least 10 but less than 20; or P2,400, if the CYS is 20 or more. 

The monthly pension is paid for not less than 60 months. 

A member who retires after age 60 with a total of 120 monthly contributions may be qualified to a monthly pension based on whichever is higher of the following:

- the monthly pension computed at the earliest time the member could have retired had been separated from employment or ceased to be self-employed plus all adjustments thereto; or

- the monthly pension computed at the time when the member actually retires.

A pensioner who retires more than once shall be entitled to the higher of:

- the monthly pension computed for the first retirement claim; or

- the re-computed monthly pension for the new claim

Dependents Allowance 

1. The legitimate, legitimated or legally adopted, and illegitimate children, conceived on or before the date of retirement of a retiree will each receive dependents' allowance equivalent to 10 percent of the member's monthly pension, or P250, whichever is higher.

2. Only five minor children, beginning from the youngest, are entitled to the dependents' allowance. No substitution is allowed.

3. If there are more than five dependents, the legitimate, legitimated or legally adopted children shall be preferred.

The dependents' allowance stops when the child reaches 21 years old, gets married, gets employed, or dies. However, the dependents' allowance is granted for life for children who are over 21 years old, if they are incapacitated and incapable of self-support due to physical or mental defect that is congenital or acquired during minority.

Benefit Payment

The retiree-member has the option to receive the first 18 months' pension paid out in lumpsum, but discounted at a preferential rate of interest to be determined by the SSS. The member shall start receiving his pension on the 19th month, and every month thereafter. This option for advance payment shall be exercised only when filing the first retirement claim. It is only the advanced pension payments that are discounted on the date of payment; the dependent's allowance and 13th month pension are excluded from the advanced 18-month pension amount.

The monthly pension is paid thru the member's designated bank thru which he wishes to receive his pension benefits under the "Mag-Impok sa Bangko" program. This became mandatory effective September 1,1993.

Upon approval of the claim, the SSS will send the member a notice voucher indicating when to withdraw the benefit from the bank.

Other Benefits 

1. The retiree is entitled to a 13th month pension payable every December.

2. All retiree pensioners prior to the effectivity of RA 7875 on March 4, 1995 are automatically considered members of PhilHealth and, along with their legal dependents, are entitled to PhilHealth hospitalization benefits. On the other hand, retirees effective March 4,1995 up to the present will be entitled to PhilHealth hospitalization benefits only if they have contributed 120 monthly Philhealth/Medicare contributions. The counting of 120 monthly contributions shall start in 1972, when the Medical Care Act of 1969 started implementation.

A copy of the DDR print-out indicating the type of claim is retirement in nature and the effectivity date of the pension, or in its absence, a copy of retiree-pensioner certification issued by SSS shall be required. They need to register under Philhealth for the issuance of a Philhealth ID card for non-paying members. 

IMPORTANT!

- Upon the death of a retiree pensioner, the primary beneficiaries shall be entitled to 100 percent of the monthly pension, and the dependents to the dependents' allowance.

- If the retiree pensioner dies within sixty (60) months from the start of the monthly pension and has no primary beneficiaries, the secondary beneficiaries shall be entitled to a lumpsum benefit equivalent to the total monthly pensions corresponding to the balance of the five-year guaranteed pension period, excluding the dependents' allowance. 

- In case the retiree-member who is less than 65 years old resumes employment or self-employment, the monthly pension shall be suspended and the member shall again be subjected to compulsory coverage. 

- If the retiree-member is 65 years old and older, he can resume employment or self-employment without prejudice to his monthly pension and without need for compulsory coverage.

SOURCE:https://www.sss.gov.ph/sss/appmanager/pages.jsppage=retirementpension; https://www.sss.gov.ph/sss/appmanager/pages.jsp?page=retirementqualifying

Additional Criteria in the Accreditation of Printers Engaged in Printing Services

The Bureau has issued Revenue Regulations No. 5-2016 amending Section 3 of Revenue Regulations No. 15-2012 Providing for Additional Criteria in the Accreditation of Printers Engaged in Printing Services of Official Receipts, Sales Invoices and Other Commercial Receipts and/or Invoices as follows:

Section 3 of RR No. 15-2012 - Policies and Guidelines 

xxx     xxx     xxx

2. To qualify for accreditation with the Bureau, the applicant-printer must comply with the criteria enumerated below:

xxx     xxx     xxx

j. The printer has no record of any pending criminal complaint filed by the BIR for tax evasion and other criminal offenses under the Tax Code, whether filed in court or in the Department of Justice (DOJ) or subject of final and executory judgment by court;

k. The printer has not been tagged in any BIR tax system as "Cannot Be Located (CBL) Taxpayer".

CBL shall refer to a status of a registered taxpayer whose whereabouts could not be located in the address given by him/it in the return filed or at the address registered/given by him/it to the BIR;

l. The Printer has not been tagged in any BIR tax system as "Inactive".

Inactive shall refer to a status of a registered taxpayer under any of the following:

i. A non-individual taxpayer that has notified the BIR district office of the temporary cessation of its business operations;

ii. A taxpayer that has stopped filing all its tax returns for the last two (2) years, which requires issuance of a notice of investigation;

iii. A newly registered taxpayer who fails to file the required tax returns/declarations due for the applicable initial quarter;

iv. A taxpayer that may be identified as such by the CIR in a separate revenue issuance.

xxx     xxx     xxx

22. Accreditation shall be valid for five (5) years from the date of issuance of the Certificate of Accreditation (Annex "A"). The Printer shall apply for renewal of accreditation within thirty (30) days prior to the expiration of the validity period.

Example:

Date of issuance:     June 30, 2016

Date of expiration:     June 30, 2021

Thus, the printer may apply for renewal starting May 31, 2021, and the last date shall be on June 29, 2021;

23. Only principal and supplementary receipts/invoices printed by a printer that was accorded official accreditation and consequently included in the BIR List of Accredited Printers shall be valid for purposes of claiming VAT; otherwise, such receipts/invoices shall be deemed spurious, thus shall not serve a valid claim for Input Tax by the buyer of goods and/or services.

SOURCE: http://www.bir.gov.ph/images/bir_files/internal_communications_1/Full%20Text%20RR%202016/RR%205-2016/RR%205-2016.pdf and http://www.bir.gov.ph/images/bir_files/old_files/pdf/66914RR%20No%2015-2012.pdf

Annex A: http://www.bir.gov.ph/images/bir_files/old_files/doc/66914Annex%20A.doc

Philippines-Germany tax treaty

The bureau has issued Revenue Memorandum Circular No. 15-2016 about the renegotiated Agreement between the Republic of the Philippines and the Federal Republic of Germany of the Avoidance of Double Taxation with Respect to Taxes on Income and on Capital ('Philippines-Germany tax treaty") has entered into forced on December 18, 2015.

The treaty shall have effect in respect of taxes covered by the said tax treaty, including taxes withheld at source, for any taxable period beginning on or before the first day of January 2016.

For this purpose the concerned German resident income earner or an authorized representative of the latter should file a duly accomplished BIR Form No. 1901 (Application for Relief from Double Taxation) together with the required documents specified at the back of the form, pursuant to Revenue Memorandum Order (RMO) No. 72-2010.

Source:http://www.bir.gov.ph/images/bir_files/internal_communications_2/RMCs/RMC%20No%2015-2016.pdf

eBIRForms Package v6.1 (New) Is Now Available

The BIR just issued the new version of eBIRForms Package from v6.0 to v6.1.

To download the Offline eBIRForms Package v6.1, just click the following link:

http://ftp.pregi.net/bir/ebirforms_package_v6.1.zip

The Electronic Bureau of Internal Revenue Forms (eBIRForms) was developed primarily to provide taxpayers with an alternative mode of preparing and filing tax returns that is easier and more convenient. The use of eBIRForms by taxpayers will improve the BIR's tax return data capture and storage thereby enhancing efficiency and accuracy in the filing of tax returns. Through the use of the downloadable eBIRForms Software Package (also known as the Offline Package), taxpayers and Accredited Tax Agents (ATAs) will be able to fill up tax returns offline and submit it to the BIR through the Online eBIRForms System.

Offline eBIRForms PackageThe Offline eBIRForms Package is a tax preparation software that allows taxpayers and ATAs to accomplish or fill up tax forms offline. Instead of the conventional manual process of filling up tax returns on pre-printed forms that is highly susceptible to human error, taxpayers/ATAs can directly encode data, validate, edit, save, delete, view, print and submit their tax returns. The package can do automatic computations and has the capability to validate information encoded by taxpayers/ATAs. After filling out the forms in this package, taxpayers/ATAs can submit it to the Online eBIRForms System.

To download the Offline eBIRForms Package v6.1 click here.

To download the new eBIRForms Package v6.3:

http://philippinetaxtalk.blogspot.com/2017/04/ebirforms-package-v63-new-version.html

List of Documentary Requirements for the Registration of Self-Employed Individuals, Estates and Trust and their Branches with the BIR

Few months ago, the bureau has issued Revenue Memorandum Circular No. 37-2016 updating the List of Documentary Requirements for the Registration of Each Type of Application under "Annex" of Revenue Regulations (RR) No. 7-2012, as amended by Revenue Memorandum Circular (RMC) No. 70-2013.

The List of Documentary Requirements of Self-Employed Individuals, Estates and Trusts and their Branches is with details as follows:

For Self-employed, Professionals, Mixed Income Earners

1. Photocopy of Mayor's Business Permit (or duly received Application for Mayor's Business Permit, if the former is still in process with the LGU) and /or PTR issued by the LGU; and

2. Original or Certificate True Copy of NSO Birth Certificate of the Applicant;

Additional documents if applicable:

1. DTI Certificate of Registration of Business Name, if a business trade name shall be used;

2. Proof of Ownership /Legal Possesion (Original copy for presentation only);

2.1 If the place of business is OWNED - Photo copy of Official Receipt of Real Property Tax (Current Year); or Transfer/Original Certificate of Title (TCT/OCT);

2.2 If the place of Business is RENTED - Photocopy of Contract of Lease and Lessor's Permit; and

2.3 If place of business is NO RENTAL or FREE OF USE - Consent from the owner with ID and proof of ownership.

3. Contract of Service;

4. Two (2) valid Government-Issued IDs (for professionals not registered with PRC or other Regulatory Body such as consultants, insurance agents and similarly situated) or Barangay Clearance in lieu thereof;

5. Certificate of Authority, if Barangay Micro Business Enterprises (BMBE) registered entity;

6. Proof of Registration/Permit to Operate with Board of Investment (BOI)/Board of Investment for Autonomous Region for Muslim MIndanao (BOI-ARMM), Philippine Export Zone Authority (PEZA), Bases Conversion Development Authority (BCDA) and Subic Bay Metropolitan Authority (SBMA);

7. Sworn Statement of Capital;

8. Marriage Contract;

9. Waiver of husband on his right to claim additional exemptions, if wife claims; and

10. Original NSO Birth Certificate of declared dependents or Certified True Copy of Birth Certificate with Civil Registry Number (for dependents newly born from July to December of the current year) may be accepted, if any.

For Non-Residents

1. In addition to the above applicable requirements, a Working Permit.

For Franchise Holders/Franchisees

1. In addition to the above applicable requirements, a photocopy of the Franchise Agreement.

For Trust

1. In addition to the requirements enumerated under "1" to "10" above, a photocopy of the Trust Agreement.

For Estate (under judicial settlement) 

1. In addition to the requirements enumerated under "1" to "10" above, a photocopy of the Death Certificate of the deceased and notarized Judicial Settlement.

In the case of registration of Branch/Facility types:

1. Copy of the Certificate of Registration (COR) of the Head Office for facility types to be used by the Head Office and COR of the branch for facility types to be used by the Head Office and COR of the branch for facility types to be used by a particular branch;

2. Mayo's Business Permit or duly received Application for Mayor's Business Permit, if the former is still in process with the LGU;

3. DTI Certificate of Registration of Business Name, if a business trade name shall be used, if applicable; and 

4. . Proof of Ownership /Legal Possesion (Original copy for presentation only);

4.1 If the place of business is OWNED - Photo copy of Official Receipt of Real Property Tax (Current Year); or Transfer/Original Certificate of Title (TCT/OCT);

4.2 If the place of Business is RENTED - Photocopy of Contract of Lease and Lessor's Permit; and

4.3 If place of business is NO RENTAL or FREE OF USE - Consent from the owner with ID and proof of ownership.

Source: http://www.bir.gov.ph/images/bir_files/internal_communications_2/RMCs/RMC%20No%2037-2016.pdf

Documentary Requirements for the Registration of Employees with BIR

The bureau has issued Revenue Memorandum Circular (RMC) No. 37-2016 dated March 22, 2016 updating the List of Documentary Requirements for the Registration of Each Type of Application under "Annex A" of Revenue Regulations (RR) No. 7-2012, as amended by RMC No. 70-2013.

Below is the List of Documentary Requirements for the Registration of Employees with BIR:

1. Local Employees

1.1 Original or Certified True Copy of NSO Birth Certificate of the applicant;

1.2 Marriage contract, if applicable;

1.3 Waiver of Husband on his right to claim additional exemptions, if wife claims; If the husband wants to reacquire from his wife the privilege of claiming the additional exemption for the dependent children, he shall execute a cancellation of the previously executed waiver of the privilege to claim additional exemptions in favor of the wife, which Notice of Cancellation of Waiver of the Privilege of Claiming the Additional Exemptions shall be filled separately, together with the registration update form, with the RDOs having jurisdiction over the registration of the husband and of the wife.

1.4 Original NSO Birth Certificate of declared dependents or Certified True Copy of Birth Certificate with Civil Registry Number (for dependents newly born from July to December of the current year) may be accepted, if any.

2. Alien Empoyees

2.1 Passport; and

2.2 Working Permit

Please refer: http://www.bir.gov.ph/images/bir_files/internal_communications_2/RMCs/RMC%20No%2037-2016.pdf of the full text of RMC No. 37-2016.

SEC Financial Statement Templates

I. Instructions 

A. The GFFS and SFFS in electronic format shall be submitted within thirty (30) days from the last day of submission of the Annual Audited Financial Statements (AAFS). SEC Memorandum Circular No. 6 s. 2006 is applicable to the following:

1. SEC-registered domestic stock corporations with annual gross sales or gross revenue of at least Five Million Pesos (P5,000,000.00);

2. Investment Companies and Publicly-held Companies enumerated in Section 17.2 of the Securities Regulation Code;

3. Investment Houses or Underwriters of Securities;

4. Pre-Need Plan Companies;

5. Brokers/Dealers in Securities; 

6. Financing Companies;

7. Investment Company Advisers;

8. Government Eligible Securities Dealers (GSED);

9. Transfer Agents;

10.All other market participants and self-regulatory organizations (e.g. Exchanges, Alternative Trading Systems, and Clearing Houses).

B. The Treasurer, Chief Financial Officer, or a person occupying an equivalent rank in the company, shall certify under oath that, except for certain details/breakdowns required in the GFFS and SFFS, the Generally Accepted Accounting Principles in the Philippines (GAAP) prescribed accounts and figures provided in electronic documents are based on the contents of the AAFS submitted to SEC.

C. Banks, Insurance companies, non-stock corporations, branch and representative offices of foreign corporations, and regional headquarters and regional operating headquarters of multinational corporations are not covered by this Memorandum Circular, and therefore, not required to submit the GIS, GFFS, and SFFS in diskette or CD.

D. Pursuant to SRC Rule 68, corporations with subsidiaries are required to submit to the Commission both their parent and consolidated GFFS or SFFS, the figures of which shall be based on the audited financial statements. Each FS shall clearly indicate whether it is the “Parent” or “Consolidated” GFFS or SFFS.

E. Corporations that qualify as Non-Publicly Accountable Entities under Philippine Accounting Standard 101, which will avail themselves of the temporary relief provided therein, are allowed to use the old GFFS template during the first year of implementation of SEC Memorandum Circular No. 6 s. 2006.

II. Downloadable Templates

Revised GFFS - applicable to corporations not covered by any industry-specific SFFS. Blank spaces are provided in this form to allow companies to indicate accounts which are peculiar to their industry or business; and,

Revised GFFS:

* BDFS - applicable to Broker/Dealer in Securities

* FCFS (including schedules) - applicable to Financing Companies (Head Office with Branch Office/s Accounts)

* IHFS - applicable to Investment Houses and Underwriters of Securities

* PHFS - applicable to Investment Companies and Publicly-Held Companies enumerated in Section 17.2 of the Securities Regulation Code (SRC)

* PNFS - applicable to Pre-Need Plan Companies

Copied from: http://www.sec.gov.ph/download/fs_form.html

SEC General Information Sheet (GIS) Templates

Corporations are required to submit General Information Sheet (GIS) to Securities and Exchange Commission (SEC) to avoid penalties for non-submission and GIS may be used as evidence against the corporation and its responsible directors/officers for any violation of existing laws, rules and regulations.

General Instructions

1. For user corporation: this GIS should be submitted within thirty (30) calendar days from the date of the annual stockholders' meeting. Do not leave any item blank. Write "n.a." if the information required is not applicable to the corporation or "none" if the information is non-existent.

2. If no meeting is held, the corporation shall submit the GIS together with an affidavit of non-holding of meeting within thirty (30) calendar days from the date of the scheduled annual meeting (as provided in the by-laws). However, should an annual stockholders' meeting be held thereafter, a new GIS shall be submitted/filed.

3. This GIS shall be accomplished in English and certified and sworn to by the corporate secretary of the corporation.

4. The SEC should be timely apprised of relevant changes in the submitted information as they arise. For changes resulting from actions that arose between the annual meetings, the corporation shall submit only the affected page of the GIS that relates to the new information together with a cover letter signed by the corporate secretary of the corporation. The page of the GIS and cover letter shall be submitted within seven (7) days after such change occurred or became effective.

5. Submit five (5) copies of the GIS to the Central Receiving Section, Ground Floor, SEC Bldg., EDSA, Mandaluyong City. All copies shall uniformly be on A4 or letter-sized paper with a standard cover page. The pages of all copies shall use only one side. Corporations submitting a copy of their GIS online or via internet shall submit one (1) hard copy of the GIS, together with a certification under oath by its corporate secretary that the copy submitted online contains the exact data in the hard copy.

6. Only the GIS accomplished in accordance with these instructions shall be considered as having been filed.

7. This GIS may be used as evidence against the corporation and its responsible directors/officers for any violation of existing laws, rules and regulations. 

GIS for Foreign Corporation

General Instructions

1. For user corporation: this GIS shall be submitted within thirty (30) calendar days from the anniversary date of the issuance of the SEC License. Do not leave any item blank. Write "N.A." if the information required is not applicable or "none" if the information is non-existent.

2. This GIS shall be accomplished in English and certified and sworn to by the resident agent of the corporation.

3. Submit five (5) copies of the GIS to the Central Receiving Section, Ground Floor, SEC Bldg., EDSA, Mandaluyong City. All copies shall be on A4 or letter-size paper with the standard cover sheet. The pages of all copies shall use only one side.

4. Corporations submitting a soft copy of their GIS shall submit four (4) hard copies of GIS, together with a certification under oath by its resident agent that the soft copy contains the exact data in the hard copies.

5. Only the GIS accomplished in accordance with these instructions shall be considered as compliant with existing rules and regulations.

6. This GIS may be used as evidence against the corporation and its resident agent/officer(s) for any violation of existing laws, rules and regulations. 

GIS for Regional Operating Headquarters and Regional Headquarters of Multinational Companies

General Instructions

1. For user corporation: this GIS shall be submitted:

a. Within thirty (30) days after the issuance of the sec certificate of registration and license and

b. Within thirty (30) days from the anniversary date of the issuance of the sec certificate of registration and license. Do not leave any item blank. Write "N.A." if the information required is not applicable or "none" if the information is existent.

2. This GIS shall be accomplished in English and certified and sworn to by a responsible officer of the multinational company.

3. Submit five (5) copies of GIS to the Central Receiving Section, Ground Floor, SEC Bldg, EDSA, Mandaluyong City, all copies shall be on A4 or letter-size paper with the standard cover sheet. The pages of all copies shall use only one side.

4. Corporations submitting a soft copy of their GIS shall submit four (4) copies of the GIS, together with a certification under oath by its responsible office that the soft copy contains the exact data in the hard copies thereof.

5. Only the GIS accomplished in accordance with these instructions shall be considered as compliant with existing rules and regulations.

6. This GIS may be used as the evidence against the multinational company and its responsible officer for any violation of existing laws, rules and regulations.

To download, click: http://www.sec.gov.ph/download/Forms/gis/gis%20forms%20-%20updated%20september%2025%202013.zip (Zip) (Updated 25 September 2013)

Source: http://www.sec.gov.ph/download/gis_form.html