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1 of 2http://edge.pse.com.ph/downloadHtml.do?file_id268785C047352016SEC FORM 17CCURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER1. Date of Report (Date
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01
Determine the type of corporation you want to establish (stock or non-stock)
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Prepare the Articles of Incorporation and have them notarized
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Submit the notarized Articles of Incorporation, Treasurer's Affidavit, and other required documents to the Securities and Exchange Commission (SEC)
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Pay the necessary fees and obtain the Certificate of Incorporation from the SEC
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Entrepreneurs looking to establish a legal business entity in the Philippines
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SBS or Stockholders' By-Laws Statement is a regulatory form required from corporations in the Philippines to provide basic information about their operations and corporate structure.
All corporations registered in the Philippines, particularly those with stockholders, are required to file the SBS.
To fill out the SBS, corporations must gather necessary information such as their corporate name, address, the names of directors and officers, and details regarding their stockholders. The form should then be duly completed and submitted to the Securities and Exchange Commission (SEC).
The purpose of the SBS is to ensure transparency and provide regulatory authorities with accurate information about a corporation's governance, structure, and ownership.
The SBS requires reporting of the corporation's name, registration details, primary office address, the names and positions of directors and officers, and stockholder information including their shareholdings.
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