SEC Rolls Out Interim Online Registration System For Corps with Less Than 5 Incorporators

To facilitate ease of doing business amid the enhanced community quarantine, the Securities and Exchange Commission has launched the interim online registration system for corporations with less than 5 incorporators, including One Person Corporations (OPC) and corporations with 2-4 incorporators.

The interim online registration system allows applicants or their duly authorized representatives to input the necessary data to complete their corporate profiles such as corporate name, address, authorized capital stock, directors, and other essential information. The applicant must provide a valid and existing email address where the status of their applications shall be sent.

Once the online registration is complete, processors from the SEC Cebu Extension Office shall then review their application forms after the corporate name has been verified by the SEC’s Company Registration and Monitoring Department (CRMD).

“Before the interim online registration was rolled out, we would ask applicants to send their documents to seccebu@sec.gov.ph for initial review. Now that the system is available, I think it is much easier for interested parties to file applications,” said Atty. Alma Marie E. Dalena, the Officer-in-Charge of the SEC Cebu Extension Office.

“This new system is similar to CRS or the company registration system, where corporations with 5 or more incorporators can apply online. Before the implementation of enhanced community quarantine, applications with less than 5 incorporators had to be manually filed in our office. Now, interested applicants may file it in the comfort of their own homes. It is easier and much safer that way.” Atty. Dalena added.

After approval of the online application, applicants are required to submit the signed and notarized hard copies and pay for the filing fee once enhanced community quarantine is lifted.

Interested applicants may visit https://apps004.sec.gov.ph:8001/application. A USER GUIDE is available for instructions on how to navigate around the system.

For further inquiries and assistance, the SEC Cebu Extension Office may be reached by emailing seccebu@sec.gov.ph or calling (032) 416 9339 or (032) 253 5337.