The Philippine Securities and Exchange Commission published updated registration statistics showing 43,185 new corporations registered as of end-October and linked the sustained pace of formalization to recent measures to streamline company registration and make ongoing compliance transactions easier. New registrations comprised 30,671 stock corporations, 10,117 non-stock corporations, and 2,397 partnerships, with foreign stock corporations rising to 206 from 116 in the same period in 2024. The SEC reported 578,272 active corporations, split across 347,841 stock corporations, 102,718 non-stock corporations, and 127,713 partnerships, and noted that micro, small, and medium enterprises account for 420,483 of the 475,554 active stock corporations and partnerships. Operational changes highlighted included Memorandum Circular No. 7, Series of 2025 setting strict processing timelines for registrations and introducing a deemed-approved approach if the SEC does not act within the prescribed period, expansion of the OneSEC Zuper Easy Registration Online facility to 81 eligible industries from 33 and to companies with foreign equity, and Memorandum Circular No. 8, Series of 2025 providing MSMEs a 20 percent discount on registration fees and a 25 percent discount on filing fees for capital-increase amendments to articles of incorporation until year-end. The SEC is evaluating whether to extend the MSME discounts beyond year-end.
Philippine Securities and Exchange Commission 2025-11-27
Philippine Securities and Exchange Commission reports 43,185 new corporations registered and highlights faster registration rules and MSME fee discounts
The Philippine SEC reported 43,185 new corporations registered by end-October, citing streamlined registration and easier compliance. Key changes include strict processing timelines, expanded online registration for 81 industries, and discounts for MSMEs on registration and filing fees. The SEC may extend these MSME discounts beyond year-end.