Unofficial site for various agency requirements in Philippines.

SEC - SRC 10.1 exemption for unissued capital stock

Hereunder are the requirements:
  • Coversheet
  • Duly accomplished SEC Form No. 10.1;
  • Written Disclosure to Investors for the additional issuance;
  • Duly executed Deed of Assignment of Advances;
  • Special Audit Report on the verification of advances;
  • List of Stockholders before and after the subscription;
  • Latest Audited Financial Statement duly received by SEC and BIR;
  • Board Resolution authorizing the issuance of unissued shares;
  • Waiver of Rights for non-subscribing stockholders; and
  • Trial Balance as of the cut-off period;

Unissued shares are those not yet originally subscribed shares of the corporation.


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