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Admin
Date
2025-03-01 14:22
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19
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Inquiries about GIS
Question: What is the General Information Sheet and how does it work?

Answer: The General Information Sheet (GIS) is an annual requirement for corporations in the Philippines. It provides details about the company's structure, including its directors, officers, and shareholders, ensuring transparency and keeping the SEC informed of any changes.



Question: What types of data are used in the General Information Sheet?

Answer: The types of data used in the General Information Sheet (GIS) include:
  1. Company Information: Name, registration number, and business address.
  2. Directors and Officers: Names, positions, and contact information of the company's directors and key officers.
  3. Shareholder Information: Names and ownership details of significant shareholders.
  4. Audited Financial Statements: Most recent financial statements, including balance sheets and income statements.
  5. Corporate Structure: Details on subsidiaries, affiliates, or parent companies, if applicable.
  6. Contact Information: Official and alternate email addresses, and mobile phone numbers for communication with the SEC.



Question: If I am filing the General Information Sheet for 2025, which year's Audited Financial Statement should be used?

Answer: For the General Information Sheet (GIS) for 205, you should use the Audited Financial Statement for 2024.



Question: What is the deadline for submitting the General Information Sheet?

Answer: The deadline for submitting the General Information Sheet (GIS) to the Securities and Exchange Commission (SEC) in the Philippines depends on the type of company and its fiscal year. Here are the general rules:
  1. For Corporations with a Calendar Year (January to December):
    • The GIS must be submitted within 30 days from the date of the annual stockholders' meeting (ASM).
    • This typically means that if your annual stockholders' meeting is held on, for example, March 30, the GIS is due by April 29.
  2. For Corporations with a Fiscal Year Other Than a Calendar Year:
    • The GIS should be filed within 30 days from the date of the annual stockholders' meeting, but it will depend on the company’s fiscal year-end.
The GIS must include updated information, such as the company’s current directors, officers, stockholders, and other key details.

If the deadline falls on a weekend or holiday, the due date is extended to the next business day.

It's important to ensure timely filing of the GIS to avoid penalties.



Question: What are the requirements for filing the General Information Sheet?

Answer: The requirements include a duly accomplished and signed GIS form, certified by your corporate secretary or authorized officer.