SEC Memorandum Circular No. 13 Series of 2026

Further supporting the growth and expansion of micro, small, and medium-enterprises (MSMEs) by extending discounted rates for certain filing fees

WHEREAS, Section 179 (o) and (p) of the RCC of Republic Act (RA) No. 11232, otherwise known as the Revised Corporation Code of the Philippines grants the Commission the power and authority to (i) formulate and enforce standards, guidelines, policies, rules, and regulations to carry out the provisions of the RCC; and (ii) uexercise such other powers provided by law or those which may be necessary or incidental to carry out the powers provided by law or those which may be necessary or incidental to carry out the powers expressly granted to it;

WHEREAS, Section 4 of RA No. 9501, otherwise known as the “Magna Carta for Micro Small and Medium Enterprises” provides that qualified MSMEs shall be entitled to government assistance and support measures to enhance their viability and competitiveness;

WHEREAS, consistent with the foregoing mandates, the Commission previously granted discounted filing fees under Memorandum Circular No. 2, Series of 2026, which has benefited a significant number of MSMEs; and

WHEREAS, the Commission remains committed to accelerating the growth and development of the MSMEs by lowering barriers to business formalization, reducing cost of compliance and promoting ease of doing business;

NOW THEREFORE, the SEC here by EXTENDS the discount structures for MSMEs on the following filing fees:

I. FROM THE EFFECTIVITY OF THIS CIRCULAR TO 31 DECEMBER 2026

II. THE DISCOUNT FOR THE REGISTRATION OF SECURITIES, UNDER MC. NO. 8, S. 2025 SHALL REMAIN IN EFFECT UNTIL 30 JUNE 2026

III. COVERAGE AND CONDITIONS FOR AVAILMENT

1. At the time of filing, applicants should fall under the definition of MSMEs as provided under Section 3 of RA No. 9501, as follows:

2. In order for Securities Registration filings to be entitled to a discount under Item II of this Circular, the following conditions must be complied with by the applicant:

• a. Submit a Certification of MSMEs Qualification, executed by the President and Treasurer, stating the company’s total assets, inclusive of those arising from loans but exclusive of the land on which the business entity’s office, plant, and equipment are situated, consistent with Section 3 of RA No. 9501; and
• b. Except for agri-business corporations filing for the registration of securities pursuant to SEC MC No. 8, s. 2023 (SEC FARMS), an applicant must have a paid-up capital of Twenty-Five Million Pesos (PHP 25,000,000.00).