Obligations / Philippines

What a company files in Philippines [PH]

Every entry below is the rule as Philippines publishes it. It is a reference, not a calendar: where a deadline runs from something only you know, this page says so instead of showing a date.

A template, not your deadline

This is the rule as published by the registry, checked against the primary source on the date shown. It is not your filing date. Where a deadline runs from incorporation, from a fiscal year the company itself elects, or from an event only you know about, no date can be derived here at all — the figure you see is the formula, not the answer. Extensions, transitional regimes and entity-specific exemptions are not reflected. Confirm with the registry before you rely on a date.

How the financial year is set — Chosen by the company

The year is the company's own, and that is why three of the five duties below carry a formula instead of a date. The evidence is in the deadline provision itself: Section 11 of the Ease of Paying Taxes Act, amending Section 77(B) of the Tax Code, prints two alternatives in one sentence — «The final adjustment return shall be filed on or before the fifteenth (15th) day of April» and «or on or before the fifteenth (15th) day of the fourth (4th) month following the close of the fiscal year». A statute that offers the fourth month after a fiscal year as an alternative to a calendar date is a statute that expects some corporations to keep a year other than the calendar year. Two things are deliberately not asserted here. The provisions that define the taxable year and govern accounting periods — Sections 22(Q) and 43 of the Tax Code — were not read for this entry, so nothing is said about how the choice is made, whether it needs notice or approval, or how a period shorter than twelve months is treated. The consequence for this page is concrete. The annual income tax return, the quarterly income tax declarations and the annual financial statements filed with the Securities and Exchange Commission are all counted from that year, and none can be printed as a calendar date until the company states which year it keeps. The two duties that do not depend on it in the same way are the quarterly value added tax return, which runs from the close of each taxable quarter, and the General Information Sheet, which runs from the date of the company's own annual meeting. Whether the taxable quarter for value added tax follows the calendar or the company's own year is not stated in the provisions read, and is not asserted.

Republic Act No. 11976 (Ease of Paying Taxes Act), Section 11, amending Section 77(B) of the National Internal Revenue Code of 1997: «The final adjustment return shall be filed on or before the fifteenth (15th) day of April» «or on or before the fifteenth (15th) day of the fourth (4th) month following the close of the fiscal year». Text of the Act as published by the Senate of the Philippines. Sections 22(Q) and 43 of the Tax Code, which define the taxable year and govern annual accounting periods, were not read and nothing is asserted from them · checked 2026-10-13

Annual corporate income tax return — the final adjustment return (BIR Form 1702)

Formula, not a date
Filed to
The Bureau of Internal Revenue, the tax authority within the Department of Finance. Section 77(A) of the Tax Code, as amended by the Ease of Paying Taxes Act, no longer ties the filing to one counter: the quarterly declaration and the final adjustment return may be filed electronically or manually with an authorised agent bank, with a Revenue District Office through a Revenue Collection Officer, or with an authorised tax software provider, unless the Commissioner permits otherwise. The tax itself is paid when the return is filed, in the manner the Commissioner prescribes, under Section 77(C).
Who it applies to
Every entity in the jurisdiction
Every corporation files, and the provision read sets no turnover floor below which the final adjustment return is not due. Section 77(B) states the deadline for the quarterly declarations and the final adjustment return of corporations without any qualification by size, sector or result, so a year that ends in a loss does not by itself remove the filing. Two points the provisions read do not settle, and neither is asserted here: the position of a corporation that has registered as exempt from income tax, and the treatment of a corporation in liquidation or newly incorporated with a period shorter than twelve months. The size of the company does matter in one place only, and it is the penalty rather than the duty: the Tax Code now classifies taxpayers by gross sales, and a micro or small taxpayer pays reduced charges for being late.
Deadline
Within 4 months after the end of the financial year.
Extensions and exceptions: No extension of this deadline appears in the provisions read, and none is implied here. Two cautions about the four months instead. The deadline is not the end of the fourth month but its fifteenth day: Section 77(B) reads «or on or before the fifteenth (15th) day of the fourth (4th) month following the close of the fiscal year», and for a corporation on the calendar year the same sentence prints the date directly — «The final adjustment return shall be filed on or before the fifteenth (15th) day of April». And the count runs from the close of the taxable year, not from any registry or corporate date: the annual filings owed to the Securities and Exchange Commission have their own clocks and must not be read across.
No date can be derived here. This deadline runs from something this page does not know — the financial year the company itself elects, or an event only you can date. What is published is the rule, not the day.
If missed
Two charges run together, and only part of the arithmetic can be printed. Late filing or late payment draws a civil penalty under Section 248 of the Tax Code and interest under Section 249. The interest rate is stated by the authority in its own words: Revenue Regulations No. 21-2018 fixes «interest at the rate of double the effective legal interest rate» and records that «the rate of legal interest imposable under Section 249 of the Tax Code, as amended, shall be twelve percent (12%)». For a taxpayer classified as micro or small the Ease of Paying Taxes Act reduces all three charges, and Revenue Regulations No. 6-2024 prints the reduced figures: for failure to file a return and pay the tax due, «a penalty equivalent to ten percent (10%) of the amount due»; interest at «the reduced rate of fifty percent (50%) of the interest rate mandated in Section 249 of the Tax Code», which the same regulation states as «six percent (6%)»; and «a reduced compromise penalty rate of fifty percent (50%) of the applicable rate or amount of compromise». The classification is by gross sales under Section 21(b) of the Tax Code as amended: micro is «Less than Three million pesos (P3,000,000)» and small is «Three million pesos (P3,000,000) to less than Twenty million pesos (P20,000,000)». The general civil-penalty percentage for a taxpayer that is neither micro nor small is deliberately absent from this entry. In the official scanned text of the amending Act read here, the words and the figure of that percentage do not agree with each other, and a penalty figure that cannot be read cleanly is left out rather than guessed. The numeric fields below are empty for the same reason.
Proof of filing
The electronic acknowledgement or filing reference number issued by the Bureau of Internal Revenue's electronic filing platform for the return, kept together with the proof of payment of the tax due; where the return was filed manually, the copy of the return stamped received.
Primary source: Republic Act No. 11976 (Ease of Paying Taxes Act), Section 11, amending Section 77 of the National Internal Revenue Code of 1997: subsection (A) on place of filing, subsection (B) «The final adjustment return shall be filed on or before the fifteenth (15th) day of April» «or on or before the fifteenth (15th) day of the fourth (4th) month following the close of the fiscal year», and subsection (C) on time of payment; Section 21(b) of the Tax Code as amended by the same Act for the classification of taxpayers, «Less than Three million pesos (P3,000,000)» for micro and «Three million pesos (P3,000,000) to less than Twenty million pesos (P20,000,000)» for small. Text of the Act as published by the Senate of the Philippines. Interest: Revenue Regulations No. 21-2018 of the Bureau of Internal Revenue, «the rate of legal interest imposable under Section 249 of the Tax Code, as amended, shall be twelve percent (12%)», at https://bir-cdn.bir.gov.ph/local/pdf/RR%2021-2018.pdf. Reduced charges for micro and small taxpayers: Revenue Regulations No. 6-2024, «a penalty equivalent to ten percent (10%) of the amount due», «the reduced rate of fifty percent (50%) of the interest rate mandated in Section 249 of the Tax Code», «six percent (6%)», «a reduced compromise penalty rate of fifty percent (50%) of the applicable rate or amount of compromise», at https://bir-cdn.bir.gov.ph/BIR/pdf/RR%206-2024%20(final).pdf. Removal of the annual registration fee: Bureau of Internal Revenue, Ease of Paying Taxes information sheet, «The Annual Registration Fee of P 500 was also removed under the EOPT Act», at https://bir-cdn.bir.gov.ph/BIR/pdf/flyer-eopt.pdf. In the scanned text of Republic Act No. 11976 as published, the general civil-penalty percentage of Section 248 is rendered with its words and its figure in disagreement, and is therefore not reproduced
checked 2026-10-13 · Rechecked every 24 months

Quarterly corporate income tax declaration (BIR Form 1702Q)

Formula, not a date
Filed to
The Bureau of Internal Revenue, on the same terms as the annual return: electronically or manually with an authorised agent bank, with a Revenue District Office through a Revenue Collection Officer, or with an authorised tax software provider, unless the Commissioner permits otherwise. The tax shown by each quarterly declaration is paid at the time the declaration is filed, under Section 77(C) of the Tax Code.
Who it applies to
Every entity in the jurisdiction
Three declarations a year, not four. Section 77(B) of the Tax Code attaches the sixty-day count to the first three quarters only; the fourth quarter is not declared separately because the annual final adjustment return takes its place, and that return is the separate entry on this page. The provision read sets no turnover floor and no exemption by sector or result. What it does not settle, and what is not asserted here, is the position of a corporation whose first taxable period begins mid-quarter.
Deadline
The deadline is sixty days after the close of each of the first three quarters of the taxable year, and the quarters are the company's own because the taxable year is. Only the figures of that sentence are quoted here: in the official scanned text of the amending Act two words of it are corrupted in the scan, so the legible parts are «(60) days» and «the first three (3) quarters» and the sentence is otherwise given in words rather than as a quotation. Read the formula with the financial year in mind: a corporation on a non-calendar year counts its quarters from its own year start, so the three dates are not March, June and September for everyone.
No date can be derived here. This deadline runs from something this page does not know — the financial year the company itself elects, or an event only you can date. What is published is the rule, not the day.
If missed
The same two charges as on the annual return, and the same gap. A late quarterly declaration or a late payment draws the civil penalty of Section 248 of the Tax Code and interest under Section 249, which the authority fixes at «twelve percent (12%)» in Revenue Regulations No. 21-2018. A taxpayer classified as micro or small pays the reduced charges printed in Revenue Regulations No. 6-2024: «a penalty equivalent to ten percent (10%) of the amount due», interest of «six percent (6%)», and a compromise penalty at «fifty percent (50%) of the applicable rate or amount». The general civil-penalty percentage is absent here for the reason given on the annual return: the words and the figure of that percentage disagree in the official scanned text read for this entry, and the numeric fields are therefore left empty. One practical consequence of the quarterly rhythm is worth stating plainly, because it is easy to miss: each of the three declarations is a separate filing with its own deadline, so the charges attach three times over in a year, not once.
Proof of filing
The electronic acknowledgement or filing reference number issued by the Bureau of Internal Revenue's electronic filing platform for each of the three quarterly declarations, kept with the proof of payment made at the time of each filing.
Primary source: Republic Act No. 11976 (Ease of Paying Taxes Act), Section 11, amending Section 77 of the National Internal Revenue Code of 1997: subsection (B) on the time of filing of the quarterly corporate declarations, where the legible parts of the sentence as published are «(60) days» and «the first three (3) quarters»; subsection (A) on place of filing and subsection (C) on time of payment. Text of the Act as published by the Senate of the Philippines; two words of the quarterly sentence are corrupted in the published scan, so the sentence is not reproduced verbatim beyond those figures. Interest: Revenue Regulations No. 21-2018 of the Bureau of Internal Revenue, «twelve percent (12%)», at https://bir-cdn.bir.gov.ph/local/pdf/RR%2021-2018.pdf. Reduced charges for micro and small taxpayers: Revenue Regulations No. 6-2024 at https://bir-cdn.bir.gov.ph/BIR/pdf/RR%206-2024%20(final).pdf
checked 2026-10-13 · Rechecked every 24 months

Quarterly value added tax return (BIR Form 2550Q)

Formula, not a date
Filed to
The Bureau of Internal Revenue. Section 114(B) of the Tax Code, as amended by the Ease of Paying Taxes Act, lists where the return goes and the payment with it: an authorised agent bank, a Revenue District Office through a Revenue Collection Officer, or an authorised tax software provider, unless the Commissioner permits otherwise.
Who it applies to
Only registered foreign entities
The duty follows liability to the tax: Section 114(A) of the Tax Code requires every person liable to value added tax to file a quarterly return of gross sales. No threshold figure is recorded in this entry, and the omission is deliberate rather than an oversight. The amount that forces a business into the tax is tied to the value added tax threshold in the Tax Code, and Revenue Regulations No. 3-2024 states that the provisions mentioning that threshold are to be read as adjusted every three years using the consumer price index published by the Philippine Statistics Authority. The figure in force for the current period was not confirmed against a primary source for this entry, so none is printed. Registration itself, and the moment at which a growing business crosses into the tax, are therefore not covered here.
Deadline
The deadline is the twenty-fifth day after the close of each taxable quarter. Section 114(A) of the Tax Code puts it without a calendar date: the return is filed «within twenty-five (25) days following the close of each taxable quarter prescribed for each taxpayer», and the same subsection fixes the day on which both acts fall together — «beginning January 1,2023, the filing and payment required under this Subsection shall be done within twenty-five (25) days» (the comma in that date is as printed in the published text). One thing here must not be read as one duty. The same subsection keeps a monthly payment: «VAT-registered persons shall pay, either electronically or manually, the value-added tax on a monthly basis». So the return is quarterly while the money moves monthly, and a company that files on time but pays only at the end of the quarter has not therefore complied. Whether the taxable quarter follows the calendar or the company's own financial year is not stated in the provision read and is not asserted.
No date can be derived here. This deadline runs from something this page does not know — the financial year the company itself elects, or an event only you can date. What is published is the rule, not the day.
If missed
The charges are those of the Tax Code generally, and the same figure is missing here as on the income tax returns. A late return or a late payment draws the civil penalty of Section 248 and interest under Section 249, which the authority sets at «twelve percent (12%)» in Revenue Regulations No. 21-2018; a micro or small taxpayer pays the reduced charges of Revenue Regulations No. 6-2024, «a penalty equivalent to ten percent (10%) of the amount due» and interest of «six percent (6%)». The general civil-penalty percentage is not printed, for the reason given on the annual return, and the numeric fields are empty. Two things that are not sanctions deserve a line of their own, because they cost more than the sanctions. The monthly payment duty means a quarter can be late three times before the return is even due. And value added tax that should have been charged to customers and was not is ordinarily unrecoverable from them afterwards, so the commercial loss sits with the seller whatever the authority does.
Proof of filing
The electronic acknowledgement or filing reference number issued by the Bureau of Internal Revenue's electronic filing platform for the quarterly return, kept together with the proof of each monthly payment of the tax and of any balance settled with the return.
Primary source: Republic Act No. 11976 (Ease of Paying Taxes Act), Section 22, amending Section 114 of the National Internal Revenue Code of 1997: subsection (A) «within twenty-five (25) days following the close of each taxable quarter prescribed for each taxpayer», «beginning January 1,2023, the filing and payment required under this Subsection shall be done within twenty-five (25) days» and «VAT-registered persons shall pay, either electronically or manually, the value-added tax on a monthly basis»; subsection (B) on where the return is filed and the tax paid. Text of the Act as published by the Senate of the Philippines. Three-yearly adjustment of the value added tax threshold by the consumer price index of the Philippine Statistics Authority: Revenue Regulations No. 3-2024 of the Bureau of Internal Revenue, at https://bir-cdn.bir.gov.ph/BIR/pdf/RR%203-2024%20(final).pdf, which is why no threshold figure is given. Interest: Revenue Regulations No. 21-2018, «twelve percent (12%)», at https://bir-cdn.bir.gov.ph/local/pdf/RR%2021-2018.pdf. Reduced charges for micro and small taxpayers: Revenue Regulations No. 6-2024 at https://bir-cdn.bir.gov.ph/BIR/pdf/RR%206-2024%20(final).pdf
checked 2026-10-13 · Rechecked every 24 months

Annual financial statements filed with the Securities and Exchange Commission (AFS)

Formula, not a date
Filed to
The Securities and Exchange Commission, through its electronic filing system. What is filed is not a free-form set of accounts: the Commission's own circular states that «The AFS shall include the basic components prescribed under Revised SRC Rule 68», and adds that non-compliance with the formal requirements of that Rule is itself a ground for a penalty. Rule 68 was not read for this entry, so nothing is said here about which companies must have those statements audited or by whom.
Who it applies to
Every entity in the jurisdiction
One duty with three clocks, and which clock applies depends on the company rather than on its size. A corporation whose financial year does not end in December files «within 120 calendar days from the end of their respective fiscal years». A listed, registered or public company files «within 105 calendar days after the end of fiscal year», attached to its annual report on SEC Form 17-A. Every other corporation — the ordinary company on the calendar year — files on a date drawn from a calendar the Commission publishes each year, in which the filing day is set by the last digit of the company's own SEC registration or licence number and the window runs across roughly ten weeks of the spring. The circular read is addressed to all concerned corporations and sets no exemption by turnover.
Deadline
Within 4 months after the end of the financial year.
Extensions and exceptions: No extension of this deadline appears in the circular read. Three cautions about the four months. First, four months is a rounding of a rule stated in days, not the rule itself: the circular says «within 120 calendar days from the end of their respective fiscal years», and 120 days and four months are not the same length in every year. Second, a company on the calendar year should not count 120 days at all — its date comes from the Commission's calendar for that year, keyed to the last digit of its registration number, and that calendar is reissued annually. Third, the count runs from the end of the financial year and from nothing else: the General Information Sheet owed to the same Commission runs from the date of the annual meeting, and the income tax return runs from the close of the taxable year with its own fifteenth-day rule. Three filings, three clocks.
No date can be derived here. This deadline runs from something this page does not know — the financial year the company itself elects, or an event only you can date. What is published is the rule, not the day.
If missed
The fine is not one number, and that is the point worth carrying away: it is read off a table by how large the company's accumulated profit is and by how many times it has defaulted before. In the Commission's current schedule a domestic stock corporation that files late pays from five thousand pesos, where retained earnings are nil or negative, up to forty-five thousand pesos where they exceed ten million, the figure rising with each of the first five offences; a corporation that does not file at all pays from ten thousand to fifty-four thousand pesos on the same brackets. On top of the fine runs a monthly charge of one thousand pesos for as long as the default continues, five hundred pesos where the company is in deficit. Non-stock corporations are scaled on their fund balance at somewhat lower amounts, and foreign corporations on accumulated income with a surcharge that grows once the filing is more than thirty days late and again past sixty. Beyond money there is status: three failures to file within five years can place the corporation in delinquent status, and a sixth offence after notice is a ground for revocation, carrying the fifth-offence fine plus a surcharge of a hundred per cent. The ceiling over all of this is statutory — Section 158 of the Revised Corporation Code allows fines of five thousand to two million pesos and a daily fine of up to one thousand pesos while a violation continues. Because the amount depends on the company's own accounts and on its record, no single figure is placed in the numeric fields below.
Proof of filing
The Commission's electronic acknowledgement of the submitted annual financial statements, kept with the complete set as filed, including the auditor's report where the statements are audited, and with the proof that the filing fell within the window the company was assigned.
Primary source: Securities and Exchange Commission Memorandum Circular No. 2, Series of 2024 (Filing of Annual Financial Statements and General Information Sheet), item I.1 for the schedule keyed to the last digit of the SEC registration or licence number, item I.2(a) «within 120 calendar days from the end of their respective fiscal years», item I.2(b) «within 105 calendar days after the end of fiscal year» for listed, registered and public companies on SEC Form 17-A, and «The AFS shall include the basic components prescribed under Revised SRC Rule 68»; the circular cites Republic Act No. 11232 (Revised Corporation Code), Republic Act No. 8799 (Securities Regulation Code) and Republic Act No. 11032. The Commission issues a circular of this kind for each filing year and the schedule for December fiscal years changes with it, so the schedule is not reproduced here; the two period rules quoted are from the 2024 issue, and the current issue is Memorandum Circular No. 9, Series of 2026, whose text was not retrievable from the Commission's website. Fines: Memorandum Circular No. 6, Series of 2024 (Updated Fines and Penalties on the Late and Non-Submission of Audited Financial Statements and General Information Sheet), sections II and III, citing sections 158, 177 and 179 of the Revised Corporation Code, at https://www.sec.gov.ph/wp-content/uploads/2024/04/2024MC_SEC-MC-No.-6-S.-of-2024-Updated-Fines-and-Penalties-on-the-Late-and-Non-Submission-of-Audited-Financial-Statements-AFS-General-Information-Sheet-GIS-Non-Compliance-with-SEC-MC-28.pdf. Revised SRC Rule 68 itself was not read
checked 2026-10-13 · Rechecked every 12 months

General Information Sheet filed with the Securities and Exchange Commission (GIS)

Formula, not a date
Filed to
The Securities and Exchange Commission, through its electronic filing system. The sheet is the Commission's annual record of who the company is — its officers, directors and shareholdings — and it is a separate filing from the annual financial statements, with a separate deadline, even though one circular governs both.
Who it applies to
Every entity in the jurisdiction
Every corporation registered with the Commission files, and the counting point differs by the kind of corporation rather than by its size. For a stock corporation the thirty days run from «the date of actual annual stockholders' meeting»; for a non-stock corporation from «the date of actual annual members' meeting»; for a foreign corporation from «the anniversary date of the issuance of their respective SEC licenses». One subject is deliberately absent from this entry. What the sheet must now state about beneficial owners is governed by the Commission's Memorandum Circular No. 15, Series of 2025, the beneficial ownership disclosure rules applying from 2026, whose text was not read; no statement about beneficial ownership is therefore made here, and the earlier rules it replaced are not relied on either.
Deadline
The deadline is thirty calendar days from the company's own annual meeting. The circular states it without a calendar date: filing «within 30 calendar days from» the date of the actual annual stockholders' meeting for a stock corporation, from the date of the actual annual members' meeting for a non-stock corporation, and from the anniversary date of the SEC licence for a foreign corporation. Three things follow and all three matter. The date is objective but only the company knows it, because only the company knows on which day the meeting was actually held — the word in the circular is «actual», so a meeting called for one date and held on another is counted from the day it was held. The clock has nothing to do with the end of the financial year, which is what drives the annual financial statements filed with the same Commission; the two dates can fall months apart. And the circular read fixes only the thirty days: by when the annual meeting itself must be held is a matter for the Revised Corporation Code, which was not read for this entry and about which nothing is asserted here.
No date can be derived here. This deadline runs from something this page does not know — the financial year the company itself elects, or an event only you can date. What is published is the rule, not the day.
If missed
The sheet is fined on the same table as the annual financial statements, so the amount is again read off the company's own accounts and its record rather than printed as a figure. A domestic stock corporation that files the sheet late pays from five thousand pesos where retained earnings are nil or negative up to forty-five thousand where they exceed ten million, rising across the first five offences; not filing at all runs from ten thousand to fifty-four thousand on the same brackets, with a monthly charge of one thousand pesos while the default continues and five hundred where the company is in deficit. Non-stock corporations are scaled on fund balance, foreign corporations on accumulated income with a surcharge past thirty and sixty days of delay. The consequence that is not money is the one to watch: three failures to submit reportorial requirements within five years can place the corporation in delinquent status, and a sixth offence after notice is a ground for revocation of the registration, with the fifth-offence fine plus a hundred per cent surcharge. Section 158 of the Revised Corporation Code sets the outer limits, fines of five thousand to two million pesos and up to one thousand pesos a day while a violation continues. The numeric fields below are empty because no single figure would be true for two companies.
Proof of filing
The Commission's electronic acknowledgement of the submitted General Information Sheet, kept with the sheet as filed and with the minutes or the secretary's certificate that establishes the date on which the annual meeting was actually held, since that date is what the thirty days are counted from.
Primary source: Securities and Exchange Commission Memorandum Circular No. 2, Series of 2024 (Filing of Annual Financial Statements and General Information Sheet), item II.1: filing «within 30 calendar days from» «the date of actual annual stockholders' meeting» for stock corporations, «the date of actual annual members' meeting» for non-stock corporations, and «the anniversary date of the issuance of their respective SEC licenses» for foreign corporations; the circular cites Republic Act No. 11232 (Revised Corporation Code), Republic Act No. 8799 (Securities Regulation Code) and Republic Act No. 11032, and states no specific penalty for a late sheet. The Commission issues a circular of this kind for each filing year; this thirty-day rule is quoted from the 2024 issue, and the current issue is Memorandum Circular No. 9, Series of 2026, whose text was not retrievable from the Commission's website. Fines: Memorandum Circular No. 6, Series of 2024 (Updated Fines and Penalties on the Late and Non-Submission of Audited Financial Statements and General Information Sheet), sections II and III, citing sections 158, 177 and 179 of the Revised Corporation Code, at https://www.sec.gov.ph/wp-content/uploads/2024/04/2024MC_SEC-MC-No.-6-S.-of-2024-Updated-Fines-and-Penalties-on-the-Late-and-Non-Submission-of-Audited-Financial-Statements-AFS-General-Information-Sheet-GIS-Non-Compliance-with-SEC-MC-28.pdf. Memorandum Circular No. 15, Series of 2025 on beneficial ownership disclosure was not read, and nothing about beneficial ownership is stated
checked 2026-10-13 · Rechecked every 12 months
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