MBA 111: SPECIAL TOPICS IN BUSINESS ADMINISTRATION

NAME: JHERLEEN ABAD (HOW TO REGISTER A PARTNERSHIP BUSINESS IN SECURITIES

AND EXCHANGE COMMISSION?)

NYMPHA F. ABON (HOW TO REGISTER A CORPORATION BUSINESS IN SECURITIES

AND EXCHANGE COMMISSION?)

GROUP NUMBER: 2

DATE: NOVEMBER 06, 2019

HOW TO REGISTER A PARTNERSHIP BUSINESS IN SECURITIES AND EXCHANGE

COMMISSION?

1. Create an Account on the SEC Company Registration System(CRS)

 www.crs.sec.gov.ph

 Sign up (Fill up all the needed information)

 Verify you Account through your e-mail address

2. Verify your Company Name

 www.crs.sec.gov.ph

 Login your Account

 Register New Company Name and fill up all the needed information and

follow the steps

 Note: A validated name is still subject for further evaluation by the

processors of the SEC

 3. Read your restrictions and required documents to be submitted

 Cover Sheet

 Articles of Partnership

 Treasurer’s Affidavit

 By Laws

 Note: These documents will be generated by the system once you complete

all the forms.

*YOU HAVE 30 DAYS TO COMPLETE THE REGISTRATION

4. Continue to fill up your Company Details

 Upload your required documents

 Required documents may vary depending on your nature/type of business.

HOW TO REGISTER A CORPORATION IN SECURITIES AND EXCHANGE COMMISSION?

STEPS/FEES FOR STOCK CORPORATION (NON-CASH PAYMENT FOR SUBSCRIPTION)

STEPS/FEES FOR STOCK CORPORATION (CASH SUBSCRIPTION
STEPS/FEES FOR NON-STOCK CORPORATION

REGISTERING CORPORATION ONLINE

The Securities and Exchange Commission (SEC) rolled out its online Company Registration

System (CRS) in November 2017 in an effort to streamline the registration of businesses

operating in the Philippines.

STEP 1: Create your account

 Using your internet browser, go to sec.gov.ph.

 On the right-hand side of the page, you’ll see the email and password fields for

logging in. Below the green “Login” button, click Sign Up.

 Enter your basic information, including your Tax Identification Number. Make

sure that all fields marked with an asterisk (*) are filled in. Here, you will also be

asked to provide a valid email address and create a password that you will use to

access your SEC account.

 The CRS will send an email validation message with the subject, “Account

Activation.” Click Verify Address to complete this step.

STEP 2: Verify your company name

 On sec.gov.ph, log in using the email address and password you registered

with when you created your account.

 On your account dashboard, click the menu button found at the top left

corner of the page, then select Register New Company. Be sure to read the

Terms and Conditions carefully before proceeding.

NOTE: All of your input from this point forward will affect all subsequent steps and

requirements for your company registration. Be sure that the options selected at this stage

are final.

 The “Verify Company” page will load, requesting the following

information:

o Company type (stock, non-stock, foreign, etc.)

o Company classification

o Major industry classification and subclass

The required fields for these sections feature drop-down lists so you have default options

to choose from.

 Under the “Verify Name” section, type your proposed company name

and choose a suffix, such as Corporation, Corp., Incorporated, or Inc.

Responses for this section are case-sensitive, including the suffix, so

be mindful of your capitalization.

Refrain from including symbols such as &, #, !, @, $, %, *, (, and ) in your company name.

These characters may cause problems in the CRS filing system.

 Click Validate to check whether your proposed name is still available.

Note that even if no duplicates are found, a validated name is still

subject to evaluation by the SEC.

  After validation, select the SEC office where you intend to submit your

requirements and process your company registration.

 Click Next and review your company information on the “Confirm

Verification Summary” page. If you wish to modify any information,

click Edit at the top right corner of the section to enable revision.

 Click Save and Exit. A transaction number will be created for your

application. This will appear on your dashboard every time you log in.

At this point, the CRS will give you four (4) days to complete your

registration.

STEP 3: Add your company details

 On your account dashboard, click the transaction number to add your

Company Information. Indicate whether your company is based in an

Economic Zone and add a Principal Office Address. These details will

be included in your Articles of Incorporation or Partnership and By-

Laws.

 Click Save and Exit or Next to proceed to the “Registration Guidelines”

page. Your registration restrictions and required documents will be

listed in detail here.

 Proceed to the “Add Company Details” page. From here, provide the

following information as they apply to your business:

o Company classification

o Purpose clause

o Term of existence
 o Capital structure

o Number of corporators, along with their individual profiles

o Corporate subscribers, if any

o Foreign equity detail, if applicable

o Contact information

o Nature of business activity

o By-Laws information

STEP 4: Upload required documents

 Based on your responses to the above fields, the CRS will generate the

following documentary requirements:

 Cover Sheet

 Articles of Incorporation

 Treasurer’s Affidavit

 By-laws

 Upload your official receipt or proof of payment, along

with signed and notarized copies of your Articles of

Incorporation/Partnership, By-laws, and other documentary

requirements. Wait for the next email notification.

STEP 5: Submit your original documents to SEC and claim your certificate of

registration

When you receive an email advising you to submit your signed and notarized documentary

requirements, you’re done with the online steps. Go to the SEC’s Company Registration and

Monitoring Department, located at the ground floor of the Secretariat Bldg., PICC Complex,

Pasay City.

If your documents are complete and in order, you can claim your Certificate of

Incorporation on the same day. Congratulations! Your company is registered with the SEC.

You will also receive the company’s Unified Registration Records (URR) bearing the

Employer’s Registration Numbers issued by the Social Security System, Home Development

Mutual Fund, and PhilHealth. You will also get the company’s Tax Identification Number

issued by the Bureau of Internal Revenue.