APO KPO &Co. CPAs

07/08/2025

30/05/2024

LAST DAY TO FILE YOUR 2024 1ST QUARTER INCOME TAX RETURN!

Today is the last day for Corporate Taxpayers to file their 2024 1st Quarter Income Tax Returns and payment of Income Tax due thereon.

06/05/2024

To all corporations, please be guided accordingly.

06/11/2023

📰 | 𝐏𝐑𝐄𝐒𝐒 𝐑𝐄𝐋𝐄𝐀𝐒𝐄: Final chance to avail of SEC amnesty program extended to end of 2023

The Securities and Exchange Commission (SEC) is giving non-compliant and suspended or revoked corporations a last chance to avail of lower fines and penalties with the final extension of amnesty applications until the end of 2023.

The Commission on November 3 issued SEC Memorandum Circular No. 20, Series of 2023, which extends the deadline for corporations to file their amnesty application and settle the amnesty fees to December 31.

The amnesty program provides corporations, which have incurred penalties for the late and non-filing of their General Information Sheet (GIS), Annual Financial Statements (AFS), and official contact details, a reduction on penalties for non-compliance with their reportorial requirements, as provided under Republic Act No. 11232, or the Revised Corporation Code (RCC).

Read more at https://tinyurl.com/338v25w4

23/10/2023

📰 | 𝐏𝐑𝐄𝐒𝐒 𝐑𝐄𝐋𝐄𝐀𝐒𝐄: SEC tightens supervision over erring companies

The Securities and Exchange Commission (SEC) is warning corporations of stringent enforcement actions for their failure to comply with their reportorial requirements, pursuant to Republic Act No. 11232, or the Revised Corporation Code of the Philippines (RCC).

In a notice dated October 18, the SEC released a list of more than 20,000 ordinary corporations in danger of having their certificates of incorporation revoked for failure to submit their GIS within five years from the date of their incorporation.

In a separate notice, the SEC also released a list of more than 298,000 ordinary corporations, which have failed to submit their GIS for three times consecutively or intermittently within a five-year period.

Read more at https://tinyurl.com/2d63kvae

24/06/2023

26/03/2023

The Bureau of Internal Revenue (BIR) and the Securities and Exchange Commission (SEC) entered into a Data-Sharing Agreement (DSA) on corporate information.

The BIR will have an on-site, off-site, and online access to relevant corporate data, such as the name, address, date of birth, nationality and other beneficial ownership information from SEC. The DSA has a binding validity of five (5) years from the date of signing.

Click here to read the full media release: https://bit.ly/BIRSECDataSharing

11/03/2023

Filing season is fast approaching! 🗎

Kung hindi ka pa enrolled sa eFAST, o hindi mo pa alam kung paano i-navigate ang system, this webinar is for you!

Join us on March 17, Friday, at 1:00PM as we walk you through the requirements and procedures for enrollment in and submission of reports using the Electronic Filing and Submission Tool (eFAST), a web-based document management system that allows corporations to submit their annual financial statements, general information sheet, and other reportorial requirements in digital format.

Visit this link to sign up: bit.ly/2023-SEC-eFASTWebinar-SignUp

11/03/2023

📢 WEBINAR ON BENEFICIAL OWNERSHIP INFORMATION

The SEC is inviting officers and directors of Stock and Non-Stock Corporations to join a free webinar which will be held on 15 March 2023 via Zoom at 2-4PM.

The webinar will provide knowledge and understanding of SEC regulations on the disclosure of Beneficial Ownership information on the General Information Sheet or GIS

For interested participants, please register here: https://forms.gle/QpUbsS2g2qChEWC97