Securities and Exchange Commission

Extension of Deadline for the 2023 Filing of Annual Financial Statements

Mar 1, 2023

Series
This post is part 14 of the "Tax Tweets Revival" series
Regulations
  • SEC Memorandum Circular No. 1, Series of 2023 Mar 01, 2023
  1. All corporations shall file their AFS through eFAST according to the following schedule:

    Revised Filing Schedule Last Digits of SEC Registration/License Number
    May 29, 30, 31 June 1, 2 1 and 2
    June 5, 6, 7,8 , 3 and 4
    June 13, 14, 15, 16 5 and 6
    June 19, 20, 21, 22, 23 7 and 8
    June 26, 27, 29, 30 9 and 0
  2. Late filing shall be accepted starting July 3, 2023 and shall be subject to penalties

  3. The revised filing schedule shall not apply to the following:

    Company Filing Date
    FY ending on
    a date other than December 31, 2022
    Within 120
    days from the end of FY
    Brokers and
    Dealers with FY ending on December 31
    SEC Form
    52-AR shall be filed depending on the last numerical digit of the brokers and dealers' registration
    numbers
    Brokers and
    Dealers with FY ending on a date other than December 31
    SEC Form
    52-AR shall be filed 110 calendar days after the close of the FY
    Those whose
    securities are listed on the PSE
    Within 105 calendar days after the end of FY
    Those whose
    securities are registered but not listed on the PSE
    Public
    Companies
    Entities
    covered under Section 17.2 of the SRC

Those whose AFS are being audited by COA are also not covered by the above revised filing, subject to certain requirements.

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