The SEC said that corporations have only less than a month left to clear their penalties and avoid higher fines for the late and non-filing of reportorial requirements.
Through the ECIP, eligible corporations are given a chance to regain their good standing and pay penalties at significantly lower rates until Nov. 30.
"With less than a month left before we officially close ECIP, we encourage non-compliant, suspended and revoked corporations to complete their applications to ensure the continuous operations of their businesses," SEC chairperson Emilio Aquino said.
Aquino said that the submission of reportorial requirements is mandated by law and failure to comply could result in the suspension or revocation of corporate registrations.
هذه القصة مأخوذة من طبعة November 05, 2024 من The Philippine Star.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة November 05, 2024 من The Philippine Star.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
WHY GONG YOO HAS 'PERFECT CHEMISTRY' WITH SEO HYUN JIN IN 'THE TRUNK'
IN NETFLIX'S NEWEST SOUTH KOREAN DRAMA \"THE TRUNK,\" Gong Yoo and Seo Hyun Jin have shown \"perfect chemistry,\" making them \"lovely to watch\" as two people first brought together by a contract marriage.
Love, timing and the Taxi Cab Theory
If the timing is perfect, should it be the only basis for a person to commit to a relationship? What about love? Maturity? Stability? If you are starting a relationship with someone, both of you must be ready to put in extra effort for it to work and sustain for a long time to the point of marriage.
VIC SOTTO, PIOLO PASCUAL ON WORKING DYNAMICS IN 2024 MMFF ENTRY 'THE KINGDOM'
While filming the 2024 Metro Manila Film Festival (MMFF) entry \"The Kingdom,\" Vic Sotto and Piolo Pascual didn't get to really bond on set so that they would be able to portray their respective characters, Lakan Makisig and Sulo, more believably.
WATSONS X PVL: A WINNING PARTNERSHIP IN HEALTH, WELLNESS AND BEAUTY
The Premier Volleyball League (PVL) strikes a partnership with health and beauty retailer Watsons to \"elevate health, wellness, and beauty\" on and off court at the ongoing 2024-2025 All-Filipino Conference.
MERCA, 'PAKULO' AND FAN MAGIC
my turn
Decisive move
The Department of Trade and Industry is moving closer to imposing safeguard measures on imported cement which continues to flood the local market to the detriment of the Philippine cement industry.
CHP to remain listed after Dacon tender offer
Cemex Holdings Philippines Inc. (CHP) will remain a listed company following the completion of the tender offer by the Consunji family's Dacon Corp.
Megawide bags SMC contract for Caticlan project
San Miguel Corp. (SMC) has tapped Infrastructure conglomerate Megawide Construction Corp. to help develop the Caticlan Airport into a world-class facility.
IQOS Phl charts path toward smoke-free future
IQOS, a heated tobacco product by Philip Morris International (PMI), is working to expand its reach and influence in the Philippines, with ambitions of a future where traditional cigarettes \"will belong to museums.\"
InstaPay, PESONet transactions hit P14 T
Digital payments gained further traction in the Philippines, with transactions via the Bangko Sentral ng Pilipinas (BSP)'s InstaPay and PESONet platforms surging by 34.6 percent as of end-October amid the sustained adoption of digital services.