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    Memo Bir sEC

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    albycadavis
    The memorandum summarizes the annual compliance requirements that corporations must submit to the Bureau of Internal Revenue (BIR) and Securities and Exchange Commission (SEC) to remain in good standing. It outlines the key forms that must be filed with the BIR, including annual income tax returns, quarterly income tax returns, and forms related to taxes withheld. It also lists the two main compliance requirements for the SEC: audited financial statements that are due within 120 days of the fiscal year end, and a general information sheet that is due within 30 days of the annual stockholders' meeting. Corporations must submit all required forms and reports to both the BIR and SEC on a regular basis.

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    Memo Bir sEC

    Uploaded by

    albycadavis
    28 views2 pages
    The memorandum summarizes the annual compliance requirements that corporations must submit to the Bureau of Internal Revenue (BIR) and Securities and Exchange Commission (SEC) to remain in good standing. It outlines the key forms that must be filed with the BIR, including annual income tax returns, quarterly income tax returns, and forms related to taxes withheld. It also lists the two main compliance requirements for the SEC: audited financial statements that are due within 120 days of the fiscal year end, and a general information sheet that is due within 30 days of the annual stockholders' meeting. Corporations must submit all required forms and reports to both the BIR and SEC on a regular basis.

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    The memorandum summarizes the annual compliance requirements that corporations must submit to the Bureau of Internal Revenue (BIR) and Securities and Exchange Commission (SEC) to remain in good standing. It outlines the key forms that must be filed with the BIR, including annual income tax returns, quarterly income tax returns, and forms related to taxes withheld. It also lists the two main compliance requirements for the SEC: audited financial statements that are due within 120 days of the fiscal year end, and a general information sheet that is due within 30 days of the annual stockholders' meeting. Corporations must submit all required forms and reports to both the BIR and SEC on a regular basis.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    28 views2 pages

    Memo Bir sEC

    Uploaded by

    albycadavis
    The memorandum summarizes the annual compliance requirements that corporations must submit to the Bureau of Internal Revenue (BIR) and Securities and Exchange Commission (SEC) to remain in good standing. It outlines the key forms that must be filed with the BIR, including annual income tax returns, quarterly income tax returns, and forms related to taxes withheld. It also lists the two main compliance requirements for the SEC: audited financial statements that are due within 120 days of the fiscal year end, and a general information sheet that is due within 30 days of the annual stockholders' meeting. Corporations must submit all required forms and reports to both the BIR and SEC on a regular basis.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
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    TCCCI-MEMORANDUM-OCCS-2022-01-

    00 January 2022

    TO : ATTY. ALBERTO B. ARCILLA


    President & Chief Executive Officer

    FROM : ALBERT LLOYD C. CADAVIS


    Paralegal
    Office of the Corporate Counsel Services

    RE : BUREAU OF INTERNAL REVENUE (BIR) and SECURITIES AND EXCHANGE


    COMMISSION (SEC) COMPLIANCE REQUIREMENTS FOR CORPORATIONS

    Annually, Corporations must file and submit their tax compliance requirements to the
    Bureau of Internal Revenue (BIR) to ensure their business is allowed to operate the next year. It
    is imperative that Corporations be aware of such compliance requirements through its
    authorized representatives or agents.

    Following are the BIR Forms that are required to be submitted with the BIR:

    i. Books of Accounts
    ii. BIR Form No. 1604C or Annual Information Return of Income Taxes Withheld
    on Compensation and BIR Form No. 1604F or Annual Information Return of
    Income Payments Subjected to Final Withholding Taxes. The forms must be
    submitted on or before January 31.
    iii. BIR Form No. 1702Q or Quarterly Income Tax Return for Corporations,
    Partnerships and Other Non-Individual Taxpayers. The corporate quarterly
    income tax return shall be filed with or without payment within (60) days following
    the close of each of the first three (3) quarters of the taxable year whether calendar
    of fiscal year.
    iv. BIR Form No. 1604E or the Annual Information Return of Creditable Income
    Taxes Withheld (Expanded) / Income Payments Exempt from Withholding Tax.
    This form must be submitted on or before March 1.
    v. Annual Income Tax Returns and Audited Financial Statements (AFS). BIR Form
    No. 1702-RT and AFS with the BIR and SEC must be submitted on or before April
    15.
    vi. BIR Form No. 0605 or the Payment Form- Registration Fee. This form must be
    submitted upon registration and every year thereafter on or before January 31.

    The Covenant Car Company, Inc.


    5th floor ALCO Building 391 Sen Gil Puyat Avenue
    Makati City Philippines
    TCCCI-MEMORANDUM-OCCS-2022-01-
    00 January 2022

    Likewise, Corporations are required to submit SEC compliance requirements with the
    Securities Exchange Commission (SEC).

    Following are SEC compliance requirements that are required to be submitted with the
    Securities Exchange Commission (SEC):

    i. Audited Financial Statements (AFS)


     SEC Filing Deadline for Stock / Non-stock Corporation
    Within 120 calendar days after the end of the fiscal year, as
    indicated in the Financial Statements

    ii. General Information Sheet (GIS)


     Deadline for filing the GIS
    Within 30 calendar days from the date of the actual annual
    stockholders’ or members meeting

    Please be guided accordingly.

    Reviewed By:

    ROGER C. DE DIOS
    Manager
    Office of the Corporate Counsel Services

    Approved By:

    ATTY. RASSEL LEAH A. AG-AGWA


    First Assistant Vice President and Director
    Office of the Corporate Counsel Services

    The Covenant Car Company, Inc.


    5th floor ALCO Building 391 Sen Gil Puyat Avenue
    Makati City Philippines

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