For any aspiring business owner, SEC Philippines incorporation is the essential first step toward business formalization. Whether you are establishing a domestic stock corporation , understanding the regulatory framework is vital for a smooth start.
The Benefits of Registration
Incorporating your business through the Securities and Exchange Commission grants several strategic advantages:
Asset Protection: This process separates your personal assets from the liabilities of the company .
Professional Reputation: An SEC registration acts as a badge of legitimacy for clients.
Perpetual Existence : The entity continues even if ownership changes.
Step-by-Step Guide
Today, the SEC has fully digitized the SEC Philippines incorporation procedure through platforms like SEC ZERO. The process involves:
Step 1: Secure Your Name To begin, you must verify your proposed corporate name via the online portal. Ensure the name is unique and in line with SEC regulations. Upon approval, you can reserve it for a minimal fee .
Step 2: Draft Your Charter This step involves preparing the Articles of Incorporation sec philippines incorporation and By-Laws . These files stipulate the business purpose , share distribution, and governance protocols . In many cases, a sworn statement is also necessary to certify the initial funding.
3. Digital Authentication and Submission Utilizing eSecure, incorporators can now digitally sign their submissions. This removes the old need for physical notarization in many standard filings. Once uploaded, the SEC evaluates the data for compliance.
Capital Requirements and Fees
Although the Revised Corporation Code removed the strict capital requirement for general domestic corporations, certain sectors—like lending or manpower—still require higher amounts. Registration fees are typically based on a percentage of your authorized capital stock .
Next Steps After SEC
Obtaining your SEC Certificate is only the first hurdle. To be legally compliant , you must also:
Tax Registration: Apply for a COR from the tax office.
Secure Local Permits: Get a Barangay Clearance and Mayor’s Permit from the local government.
Mandatory Contributions: Enroll with SSS, PhilHealth, and Pag-IBIG to cover your staff.
Summary
Completing SEC Philippines incorporation in 2026 is faster than ever thanks to digital reforms . If you organize your requirements correctly, you can establish a solid foundation for your enterprise to grow in the local economy.