A lot of people are asking whether it is easy for a person to register a company at the Securities and Exchange Commission.
You may be happy to know that the SEC has modernized, and registration of a company can be done usually online. Here are the 15 steps on how to do it from your home, with minimum fuss:
- To register your business online, log on to the Securities & Exchange Commission Website: http://www.sec.gov.ph/
2. Move your cursor to Online Services. Click on SEC Company Registration System.
3. Create an Account. Here’s a short clip on how to create an account:
4. After creating account, please log in using your account.
5. Check the name of company if it is available. If it is available, you can continue with the registration process. If unavailable, choose another name.
6. Make sure all fill up is 100% complete. Here’s how to add the company details:
7. When it is 100% complete, you can now print the downloadable forms of Cover Sheet, Articles of Incorporation, By Laws & Treasurer’s Certificate.
8. After printing it out in A4 document size, have the documents notarized. Notarization cost Php 50 to Php 200 per document.
9. Upload the notarized documents into the SEC Account.
10. Wait for the SEC to notify and email you when it is ready for payment. This usually takes around 2 weeks. For our company, it cost less than Php 10,000.00.
11. If you received the order of payment thru email, you can now pay it to SEC directly. Bring a 4 copies of each of the documents.
Office of SEC HEAD OFFICE
Secretariat Building, PICC Complex, Roxas Boulevard, Pasay City, 1307
Trunk Line No.: 818-0921
12. After payment at the cashier, deliver the hard copy of documents to the receiving area.
13. After the SEC received your documents, upload the Official Receipt to your SEC account.
14. Follow up and call them after 2 weeks.
15. If the SEC Certificate is ready for pick up, you can pick it up and the other received documents from the SEC office using your Official Receipt in the releasing area.
Here’s the details of the Security & Exchange Commission: