- Duly stamped received by the Bureau of Internal Revenue (BIR) or proof of filing with the BIR should be attached to their AFS.
- Duly signed by the Auditor and all required signatories
- Compliant with all the AFS requirements as stated in the checklist available on the SEC website
All corporations and partnerships registered with SEC must enroll in the OST in order to access and submit reports. The SEC shall no longer accept hard copies, email, mail courier and chutebox submission of the reports, except as otherwise provided in this MC and other issuances of the Commission. The SEC may accept over the counter submission only upon presentation of a notice from OST of the problems encountered during enrollment or submission process.
To enrol, an online application form must be submitted together with the documentary requirements such as Board Resolution and proof of compliance with SEC MC 28-2020, which requires designation of official email address and contact number to the SEC.
Enrolment shall be open for both corporations and consultancy firms; corporations may appoint an authorized filer on its behalf, subject to enrolment requirements.
The format of the reports shall follow the rules provided under MC 3-2021. Once reports pass the quality assurance, a Quick Response code will be sent to confirm receipt.
The online enrollment process of all registered corporations/partnerships through https://ost.sec.gov.ph will start on 15 March 2021. OST Kiosks will likewise be put up from 15 March to 15 December 2021. During this period, enrolment is optional for non-stock corporations, but by 2022, all corporations should be enrolled in OST.
The General Information Sheet should be submitted within thirty (30) days from the date of annual meeting of the corporation.
As to the AFS, all corporations under calendar year must register and file their AFS through the OST depending on the last numerical digit of their registration or license number:
| 1 - 30 April | 1 |
| 1 - 31 May | 2 |
| 1 - 30 June | 3 & 4 |
| 1 - 31 July | 5 & 6 |
| 1 - 30 September | 9 & 0 |
| 1 - 31 August | 7 & 8 |
All stock corporations may enroll and submit their reports through OST even prior to their respective schedule.
For stock corporations unable to enroll and file their AFS through OST based on the above coding schedule, the filing of reports done over-the-counter shall not be accepted. Such corporations are mandated to still enroll and file through OST.
For all corporations that have complied with the OST enrollment, all submission of reports shall be done online.
Corporations under fiscal year must file their AFS within 120 days from the close of the fiscal year; while listed and public corporations should comply with their respective due dates.
The OST shall operate 24 hours a day from Monday to Friday only.
For the first three months of implementation, the SEC will not be imposing fees and charges on public access to the OST.
You may access the full version of this issuance through the SEC website.
