vimarsana.com

Page 11 - Electronic Simplified Processing News Today : Breaking News, Live Updates & Top Stories | Vimarsana

SEC cited for ease of doing business efforts

The Securities and Exchange Commission (SEC) has received special citations from the Anti-Red Tape Authority (ARTA) for its efforts toward improving the ease of doing business in the country. In the Ease of Doing Business Summit held last week, the ARTA recognized the Commission as a “Doing Busin

SEC recognized for ease of doing business efforts

Published May 14, 2021, 4:41 PM The Securities and Exchange Commission (SEC) has received special citations from the Anti-Red Tape Authority (ARTA) for its efforts toward improving the ease of doing business in the country. In the Ease of Doing Business Summit held last week, the ARTA recognized the Commission as a “Doing Business Competitiveness Ranking Mover” for instituting the most number of reforms considered in the World Bank’s Doing Business 2020 Report. The ARTA likewise cited measures adopted by the SEC toward protecting minority investors (PMI), which served as “Big Impact Indicator” and “Most Improved Indicator” of ease of doing business in the Philippines, based on World Bank’s report.

SEC launches new e-registration system

Published April 20, 2021, 7:00 AM The Securities and Exchange Commission (SEC) has launched the Electronic Simplified Processing of Application for Registration of Company (eSPARC) for faster and easier registration of corporations. In a statement, the SEC said that, starting April 19, it will accept and process under eSPARC all applications for registration of one person corporations (OPCs) and both stock and nonstock domestic corporations with at least two but not more than 15 incorporators who may either be natural persons, partnerships, associations or corporations. The new company registration system, which can be accessed at https://secwebapps.sec.gov.ph/application, replaced the Interim Registration System, which was previously used for the registration of OPCs and corporations with two to four incorporators, as well as the Company Registration System (CRS) for domestic and foreign-owned corporations with at least five incorporators. 

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.