YOU'VE completed your business registration requirements and your company is now legitimate! However, many business owners forget one additional thing: their Securities and Exchange Commission (SEC) Reportorial Requirements.

SEC Reportorial Requirements are reports that are required to be submitted to the SEC. Flip over your SEC certificate and you'll see a list of these requirements and a schedule of submissions, similar to the BIR reports. While the list of requirements may vary slightly depending on the company, all corporations must submit GIS, AFS and an MC28 Form. Here is a brief guide for each: