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Securities and Exchange k Commission P PHILIPPINES MEMORANDUM CIRCULAR NO. 14 Series o f 2019SUBJECT:RULES AND REGULATIONS GOVERNING CROWDFUNDING (CF)NOTICE In recognition o f the recent financial
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What is crowdfunding capital in form?
Crowdfunding capital in form refers to the funds raised through a crowdfunding campaign.
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Individuals or businesses who have conducted a crowdfunding campaign and raised capital are required to file crowdfunding capital in form.
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To fill out crowdfunding capital in form, one must provide details of the crowdfunding campaign, amount raised, backers' information, and other relevant financial information.
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The purpose of crowdfunding capital in form is to report the funds raised through a crowdfunding campaign for regulatory and tax purposes.
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Information such as the total amount raised, sources of funds, detailed breakdown of expenses, and any other relevant financial information must be reported on crowdfunding capital in form.
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