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This web page features the internet version of the
Corporate Bulletin
regularly issued by the Business, Commercial and Corporate Division of
Chan Robles & Associates Law Firm
to its clients and friends since 1991.
 
CORPORATE BULLETIN
ON-LINE
No. 37                               Series of 1998
 [Previous issue, click here]
 TOPIC
SEC Memorandum Circular No. 5, Series of 1998 
Increase in Fees for Microfilm Reproduction
 
        To        :        All Concerned
        From    :        SEC Chairman
        Subject :        Increase in Fees for Microfilm Reproduction
        Date     :        April 30, 1998
    To help defray the increasing administrative cost incurred for microfilm reproduction, the Commission resolved to increase the fees for microfilm copies of documents as follows:

    Document Type          Plain Microfilm Copy         Authenticated Copy
                                    [Certified True Copy]

    Articles of Incorporation              PhP65*                      PhP100.00
    By-Laws                   PhP65*                      PhP100.00
    General Information Sheet         PhP15*                      PhP  30.00
    Increase in Capital Stock            PhP30*                      Php   55.00
    Resolution                          PhP10*                      PhP  25.00
    Secretary's Certificate                 PhP10*                      PhP  25.00
    Board Resolution              PhP10*                      PhP  25.00
    Registration Data Sheet              PhP15*                      PhP  25.00
    Deed of Assignment                   PhP10*                       PhP  25.00
    Other Documents             PhP  5/page plus PhP10 per corp.           Reproduction cost plus PhP10/document

    *  Excludes borrowing fee of PhP10/corporation

    The certification fee on corporate filing/information shall be increased from PhP100.00 to PhP200.00.

    The increase shall take effect on June 1, 1998.

    Please be guided accordingly.

    [Sgd.]  PERFECTO R. YASAY, JR.
    Chairman

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