SCHEDULE OF FEES

As of 25 March 2002

II.

Following is the list of fees charged by SEC for its services, publications and
other documents.

A.

I.
A.

REPUBLIC OF THE PHILIPPINES

B.

SECURITIES AND EXCHANGE COMMISSION

A CITIZENS MANUAL ON

REGISTRATION
SECs
FEES AND CHARGES
FUNCTIONS
PARTNERSHIPS

C.
D.
E.

(PAMPHLET NO.3)
25 III 2002

SEC Building, EDSA, Greenhills

Mandaluyong City
Tel. Nos. 726-0931 to 39
http://www.sec.gov.ph

F.
G.

REGISTRATION OF NEW CORPORATIONS / PARTNERSHIPS

Name Verification /
P40.00 per allowed name (30 day-reservation)
Reservation Fee
Articles of Incorporation/Partnership
Filing fee is 1/5 of 1% of the authorized capital
Stock Corporation with par
stock or the subscription price of the subscribed
value
capital stock whichever is higher but not less
than P1,000.00 plus LRF *.
Filing fee is 1/5 of 1% of the authorized capital
stock computed at P100.00 per share or the
Stock corporation without
subscription price of the subscribed capital stock
par value
whichever is higher but not less than P1,000.00
plus LRF.
Non-stock corporation
(Foundation, association,
non-government
P 210.00
organization, religious
organization, corporation
sole, etc.)
For capital contribution of P500,000.00 and
below, filing fee is P510.00.
Partnerships
For capital
contribution of more than
P500,000.00, filing fee is 1/10 of 1% of the
contributed capital plus LRF.
By-laws
P 210.00
Applications Under Foreign P2,000.00 (In addition to filing fee for articles of
Investments Act
incorporation)
License to Operate Foreign Corporations
Filing fee is1% of the actual inward remittance of
Branch Office
the branch of foreign corporation, converted into
Philippine currency plus LRF & P2,000.00.
Filing fee is 1/10 of 1% of the amount actually
Representative Office
remitted to the Philippines, converted into
Philippine currency plus LRF & P2,000.00.
Regional Headquarters of
P2,000.00 plus LRF
Multinational Corporations
Regional Operating
Headquarters or petition
Filing fee is 1% of the actual remittance but not
for conversion of an area
less than 1% of Philippine currency equivalent of
or regional headquarters
US$200,000.00 at the time of remittance, plus
into regional operating
LRF.
headquarters
Non-stock foreign
P 510.00
corporation
Registration fee - Stock &
P 150.00
Transfer Book
Registration fee P 75.00
Membership Book
LRF Legal Research Fee equivalent to 1% of filing fee but not less than
P10.00

B.
C.
D.

E.

F.

G.

H.
I.

**
III.
A.

REGISTRATION FOR SECONDARY LICENSE (In addition to filing fee for

registration of corporation)
Registration Fee
License Renewal Fees
Broker/Dealer
Head Office
P50,000.00 plus LRF
P20,000.00 plus LRF
Branch Office
P10,000.00 plus LRF
P 5,000.00 plus LRF
Salesman
P 2,000.00 plus LRF
P 1,000.00 plus LRF
Associated Person
P 3,000.00 plus LRF
P1,500.00 plus LRF
P3,000.00 plus LRF &
P200.00 per issue being
Transfer Agent
P 1,000.00 plus LRF
handled but not more
than P5,000.00
Investment House
Head Office
P50,000.00 plus LRF
P10,000.00 plus LRF
Branch Office
P10,000.00 plus LRF
P 5,000.00 plus LRF
Associated Person
P 1,000.00 plus LRF
P 500.00 plus LRF
Investment Company Adviser
Head Office
P10,000.00 plus LRF
P 3,000.00 plus LRF
Sales Agent **
Year 2002 P 420.00
P 415.00
Year 2003 P 630.00
P 520.00
Year 2004 P 945.00
P 650.00
Year 2005 P 1,420.00
P 815.00
Year 2006 P 2,125.00
P 1,015.00
1/10 of 1% of the paid
1/8 of 1% of the required
up capital based on
Financing Company
paid- up capital based on
principal office, plus
principal office, plus LRF
LRF
Investment Company
P 5,000.00 plus LRF
Pre-need Company
Dealer
Head Office
P10,000.00 plus LRF
P 5,000.00 plus LRF
Branch Office/Branch Transfer
- Within Metro Mnl
P 5,000.00 plus LRF
P 2,500.00 plus LRF
- Outside Metro Mnl
P 2,500.00 plus LRF
P 1,500.00 plus LRF
General Agent
P 5,000.00 plus LRF
P 2,500.00 Plus LRF
Salesman
P200.00/salesman
P200.00/salesman plus
- Dealer
plus LRF
LRF
P200.00/salesman
P200.00/salesman plus
- General Agent
plus LRF
LRF
Approval of Trust
P 2,500.00 plus LRF
Agreement
Accreditation of PreP 1,000.00 plus LRF
Need Actuaries
Certification
P 300.00 plus LRF
Staggered payments approved by the Commission on 21 March 2002
REGISTRATION / LICENSING OF SECURITIES
Registration Statement (Based on maximum aggregate price of securities to be
offered)
0.10% of the maximum aggregate price of
Not more than P500 Million
the securities to be offered
More than P500 Million but not
P500,000.00 plus 0.075% of the excess
more than P750 Million
over P500 Million

III.
A.

B.

C.

D.
E.

F.
G.
H.

IV.
A.
B.
C.
D.
E.

REGISTRATION / LICENSING OF SECURITIES (Continued)

More than P750 Million but not
P687,500.00 plus 0.05% of the excess
more than P1 Billion
over the P750 Million
P812,500.00 plus 0.025% of the excess
More than P1 Billion
over P1 Billion
Short-Term Commercial Paper (STCP)
Registration (Sec. 15 (a))
Filing fee is 1/10 of 1% plus LRF
Exempt Issuers Under Sec. 4(f)
Exemption fee is 1/10 of 1% plus LRF
Exempt Under Sec. 5 of STCP
Annual exemption fee is P10,000.00
Rules
plus LRF
Long-Term Commercial Paper (LTCP)
Registration (Sec. 14 (a))
Filing fee is 1/10 of 1% plus LRF
Exemption fee of not more than 1/10 of
Exempt Issuers Under Sec. 7(g)
1% plus LRF
Exempt Under Sec. 8 of LTCP
Annual exemption fee is P10,000.00
Rules
plus LRF
Preliminary Information Statement
P5,000.00 plus LRF
Preliminary Proxy Statement
P5,000.00 plus LRF
Proxy Solicitations in case of
Acquisition, Merger, &
1/10 of 1% plus LRF
Consolidation
Tender Offer
1/10 of 1% plus LRF
Exempt Under SRC Rule 19.1
P5,000.00
(3)(a)
Exempt from Registration Under
P5,000.00
SRC Sec. 72.1
Pre-Need
1/10 of 1% of maximum aggregate price
at which securities are proposed to be
New and Additional
offered plus LRF
Petition for Price Increase
P2,500.00 plus LRF
Petition for Amendment of
Registration Statement, Contracts
P2,500.00 plus LRF
and All Applications
Petition for Release of Balance
P2,500.00 plus LRF
Petition for Cancellation of
P2,500.00 plus LRF
Registration
Petition for Suspension and/or
P2,500.00 plus LRF
Cancellation of Permit to Sell
AMENDMENTS
Articles of Incorporation
By-Laws
Articles of Partnership
Foreign Corporations
Articles of Incorporation
By-Laws
Increase in Capital
Stock Corporation with par value

P210.00
P210.00
P510.00
P500.00 plus LRF
P500.00 plus LRF
Filing fee is 1/5 of 1% of the increase in
authorized capital stock or the
subscription price of the subscribed
capital stock whichever is higher but not
less than P1,000.00 plus LRF

IV.
E.

AMENDMENTS (Continued)
Stock Corporation without par
value

Partnership
F.

G.

Decrease of Capital Stock

Return of Capital
All others
Partnership
Equity Restructuring
To Wipe Out Existing Deficit
Infusion as Additional Paid-up
Capital

H.
I.
V.
A.
B.

Petition of Amendment of
License
Extension of Corporate Life
DIVIDENDS
For
Stock/Cash
Dividend
Declaration up to P50 Million of
Non-listed Corporation
For
Stock/Cash
Dividend
Declaration over P50 Million of
Non-listed Corporation

C.
Property Dividend

VI.
A.

B.

VII.
A.

B.
C.
D.

Filing fee is 1/5 of 1% of the increase in

authorized capital stock computed at
P100.00 per share or the subscription
price of the subscribed capital stock
whichever is higher but not less than
P1,000.00 plus LRF
Filing fee is 1/10 of 1% of the increase in
contribution but not less than P500.00 plus
LRF
P3,000.00 plus LRF
P2,000.00 plus LRF
P1,010.00
Filing Fee is P3,000.00 plus LRF
Filing Fee is 1/5 of 1% of the amount
infused but not less than P1,000.00 plus
LRF
P500.00 plus LRF
1/5 of 1% of authorized capital plus LRF

P500.00 plus LRF

P1,000.00 plus LRF
Filing fee is 1/5 of 1% of the amount
declared but not less than P1,000.00 plus
LRF

ORGANIZATION CHANGES
Mergers or Consolidations

Filing fee is 1/10 of 1% of the equity of the

absorbed corporation which was used as
basis of the merger or consolidation plus
LRF. (If filed together with Increase in
Capital, filing fee is the higher amount.)

Application for QuasiReorganization

P3,000.00 plus LRF

OTHERS
Petition to Set Aside Order of Suspension
Stock Corporation
P600.00 plus LRF
Non-Stock Corporation
P300.00 plus LRF
Application for Approval of Voting
P200.00 plus LRF
Trust Agreement
Custodian Fee for Acceptance of
Deposit of Securities of Foreign
P2,000.00 plus LRF
Corporation
Application for Appointment of
Resident Agent or Substitute
P500.00 plus LRF
Resident Agent

VII.
E.

OTHERS (Continued)
Application for Revocation of
License of Foreign Corporation
Partnership

F.
G.
H.
I.
J.
K.

Application for Revocation of

Appointment of Resident Agent
or Substitute Resident Agent
Application for Cancellation of
License of RHQ of Multinational
Corporation
Certification of Paid-Up Capital,
Outstanding Stock, Percentage
of Filipino Stockholdings, etc.
Certification of Corporate Filing &
Information
Certificate of Good Standing
Deed of Assignment of Shares of
Stockholder

P500.00 plus LRF

Filing fee is 1/10 of 1% of the increase in
contribution but not less than P500.00 plus
LRF
P500.00 plus LRF
P500.00 plus LRF
P400.00
P300.00
P500.00
P300.00 plus LRF

VIII. PUBLIC REFERENCE UNIT CHARGES

PRU Service Charge
P 50.00 per transaction
Direct On-Line
P 2.00 per minute
Hard Copy
P 3.00 per page
Soft Copy
P 50.00 per diskette
Companies/Individual Researchers
P 500.00
Plain Microfilm
Authenticated
Reproduction of Documents
Copy
Copy
Articles of Incorporation
P100.00
P150.00
By-Laws
P100.00
P150.00
General Information Sheet
P 25.00
P 50.00
Increase in Capital Stock
P 50.00
P100.00
Resolution
P 15.00
P 50.00
Secretarys Certificate
P 15.00
P 50.00
Board Resolution
P 15.00
P 50.00
Registration Data Sheet
P 25.00
P 50.00
Deed of Assignment
P 15.00
P 50.00
Borrowing Fee
P50.00 per Document
Reproduction Fee
Actual Cost plus P20.00 per Corporation
IX.
PUBLICATIONS
SEC Bulletin

P150.00