ACES Comprehensive Business Solutions Co.

GOOD NEWS para sa mga Corporations!

Pansamantalang SINUSPINDE ng SEC ang buwanang penalties para sa late o hindi pagsusumite ng reportorial requirements hanggang December 31, 2026.

✅ Wala munang dagdag na penalty kada buwan ng delay
✅ Mas mababang gastos para sa mga corporations na may pending compliance
✅ Pagkakataon para maayos at ma-update ang SEC records nang hindi lumolobo ang penalties

Kung may naunang assessment na hindi pa nababayaran, maglalabas ang SEC ng updated assessment na aalisin ang monthly penalty component.

Layunin ng SEC na hikayatin ang mas maraming corporations na makapag-comply at maibalik ang kanilang good standing nang hindi nabibigatan sa patuloy na pagtaas ng penalties.

Huwag pa rin kalimutang isumite ang inyong SEC reportorial requirements upang maiwasan ang iba pang compliance issues.

Need assistance with your SEC compliance and reportorial requirements? Message us today!

📣 𝗦𝗘𝗖 𝘀𝘂𝘀𝗽𝗲𝗻𝗱𝘀 𝗺𝗼𝗻𝘁𝗵𝗹𝘆 𝗽𝗲𝗻𝗮𝗹𝘁𝗶𝗲𝘀 𝗳𝗼𝗿 𝗹𝗮𝘁𝗲, 𝗻𝗼𝗻-𝗳𝗶𝗹𝗶𝗻𝗴 𝗼𝗳 𝗿𝗲𝗽𝗼𝗿𝘁𝘀

The Securities and Exchange Commission (SEC) is suspending until December 31, 2026 the imposition of monthly penalties in the late or non-filing of reportorial requirements, as it seeks to reduce transaction costs and promote the ease of doing business.

In its meeting on May 5, the Commission En Banc approved the suspension of penalties imposed for every month of delay for the late or non-filing of reportorial requirements, as provided under SEC Memorandum Circular No. 6, Series of 2024 (MC 6).

“As we celebrate the Ease of Doing Business month this May, the SEC reaffirms its commitment to foster a robust and responsive business environment,” SEC Chairperson Francis Lim said.

“By suspending the compounding monthly penalties, we are providing corporations an opportunity to get back their good standing without the burden of mounting transaction costs, as part of our goal of pushing corporations toward full compliance and sustainable growth,” he added.

The suspension will apply to corporations with pending monitoring applications. Corporations that have received final assessments but have not yet settled payment will be issued updated assessments excluding the per month of delay components.

Read the full memorandum circular here: https://www.sec.gov.ph/mc-2026/sec-mc-no-16-series-of-2026suspension-of-the-per-month-of-delay-penalty-for-late-and-non-filing-of-reportorial-requirements-under-sec-memorandum-circular-no-6-series-of-2024/

Read the full press release here: https://www.sec.gov.ph/pr-2026/sec-suspends-monthly-penalties-for-late-non-filing-of-reports/

At ACES Comprehensive Business Solutions Co., we specialize in providing comprehensive assistance with all your business registration and compliance needs. Our services cover a wide range of government agencies to ensure that your business is fully compliant and set up for success.

We handle the intricate processes for:
✅SEC (Securities and Exchange Commission)
✅BIR (Bureau of Internal Revenue)
✅DTI (Department of Trade and Industry)
✅SSS (Social Security System)
✅AMLC (Anti-Money Laundering Council)
✅PCAB
✅PHILGEPS
✅BOI (Board of Investments)
✅FDA (Food and Drug Administration)
✅BI (Bureau of Immigration)
✅BSP (Bangko Sentral ng Pilipinas)
✅IPO (Intellectual Property Office)

Whether you're starting a new venture, expanding your operations, or simply maintaining compliance, our expert team is here to guide you every step of the way. Focus on your business growth while we take care of the paperwork and legalities!

📞 Contact Us Today:
📱 Smart: 0961-013-5076
📱 Globe: 0905-711-3466

Visit one of our strategic office locations:

🏢 Makati City Office: 4th Flr, Upper Flr, The Avenue Residences, General Luna Street corner Salamanca Street, Poblacion, Makati City 1209

🏢 Legazpi City – Bicol Office
2nd Floor, 572 Casa Erin Bldg. II, Rizal St., Barangay 18, Cabangan West, Legazpi City

🏢 Masbate City
Cagba, Tubgo, City of Masbate