SEC MC No. 08, series of 2025FURTHER SUPPORTING THE GROWTH AND EXPANSION OF MICRO, SMALL, AND MEDIUM-ENTERPRISES (MSMEs) BY PROVIDING DISCOUNTED RATES FOR CERTAIN FILING FEES
8 Published: Filed with UP Law Center: 16 July 2025 Manila Bulletin, 18 July 2025 Manila Standard, 18 July 2025
II. From the effectivity of this Circular to 30 June 2026: Registration of Securities 50% III. COVERAGE AND CONDITIONS FOR AVAILMENT a. At the time of application, all applicants should fall under the definition of MSMEs as provided under Section 3 of RA No. 9501, to wit: SEC. 3. Micro, Small and Medium Enterprises {MSMEs) as Beneficiaries. - MSMEs shall be defined as any business activity or enterprise engaged in industry, agribusiness and/or services, whether single proprietorship, cooperative, partnership or corporation whose total assets, inclusive of those arising from loans but exclusive of the land on which the particular business entity's office, plant and equipment are situated, must have value falling under the following categories: CLASSIFICATION ASSET SIZE MICRO not more than PhP3,000,000.00 SMALL PhP3,000,001.00 - PhP15,000,000.00 MEDIUM PhP15,000,001.00 - PhPl00,000,000.00 b. For Increase in Capital Stock and Securities Registration filings, the President or Treasurer of the applicant company shall issue a signed Certification of Qualification for stating the company's total assets, inclusive of those arising from loans but exclusive of the land on which particular business entity's office, plant and equipment, are situated pursuant to Section 3 of RA No. 9501. c. The twenty percent (25%) discount for the Increase in Capital Stock shall be available only to registered MSMEs as of effectivity date. IV. REPEALING CLAUSE. All issuances or parts thereof which are inconsistent with the provisions of this Circular are hereby repealed or modified accordingly. Page 2 of3
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