YRA Business Solutions Corporation (YRABSCORP) continues to uphold its mission of empowering professionals through continuous learning. On October 14, 2025, our Lucena Team participated in a re-echo session on “SEC Reportorial Requirements, Compliance and Filing Updates for Stock and Non-Stock Corporations”, led by Ms. Alyssa Tagle, CPA.

What the Session Covered

The session provided a comprehensive review of the latest SEC compliance framework under the Revised Corporation Code and recent Memorandum Circulars. Discussions included:

• The role of the SEC as the country’s registrar and regulator of corporations, with oversight of more than half a million registered entities.

• Core reportorial requirements such as the General Information Sheet (GIS) and Annual Financial Statements (AFS), including submission schedules and thresholds.

• Expanded obligations for corporations vested with public interest, such as disclosure of directors’ compensation and performance evaluations.

• Beneficial ownership disclosure, which requires corporations to identify individuals who ultimately control or own shares, and the consequences of false or incomplete declarations.

• The shift to E-FAST (Electronic Filing and Submission Tool), streamlining filing but also requiring strict adherence to formatting and deadlines.

• Penalties for non-compliance, ranging from monetary fines to delinquent status, and in severe cases, revocation of incorporation.

Why It Matters for Clients

Understanding and complying with SEC rules is more than just a regulatory requirement. Timely submission of reports strengthens corporate credibility, protects businesses from penalties, and ensures that companies remain in good standing with regulators and investors. For clients, this means greater confidence that their corporate operations are legally protected and transparent.

At YRABSCORP, we recognize that navigating these requirements can be challenging, especially with ongoing regulatory updates. By equipping our team with the latest knowledge, we are better positioned to help businesses avoid risks and stay ahead of compliance deadlines.

Our Commitment

Sessions like this reflect YRABSCORP’s commitment to professional growth and service excellence. We believe that by continuously investing in our people’s expertise, we also invest in the long-term success of our clients.

👉 For a technical deep dive into SEC compliance and filing updates, including detailed rules, requirements, and penalties, visit our partner site: YRA Co & CPAs.