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Processing of Applications for Partnerships

Schedule of Availability of Service
Mondays to Fridays, 8:00am-5:00pm without noon break
Who may avail of the Service?
All applicant partnerships thru their representatives
What are the BASIC requirements?

1. Cover Sheet

2. Reservation Payment Confirmation

3. Articles of Partnership (AP)

4. Joint Undertaking to Change Name
What are the documentary requirements?
icon_pdfView Documentary Requirements
What business activity requires clearances from other SEC departments and endorsements from other government agencies?
icon_pdfView clearances from other SEC departments and endorsements from other government agencies
How to Avail of the Service?
STEP
DURATION		 APPLICANT/CLIENT SERVICE PROVIDER GUIDELINES FEES
1
10 mins.		 Verify or reserve proposed name If proposed name is allowed by the system, the reservation and confirmation notice is printed and given to the applicant; P100.00 /reservation for 30 days;
2
10-15 mins.		 Present Articles of Incorporation and By-Laws at Green Lane Unit Ground Floor, Secretariat Bldg., PICC Complex, Roxas Boulevard Pasay City Check the document presented. If complete, advise the registrant to pay the filing fee. If not, advise applicant to comply with requirements

Requirements of the Civil Code of the Philippines and other existing laws

M.C. No. 21 s. of 2013 on Omnibus Guidelines and Procedures on the use of Corporate and Partnership names

M.C. No, 8 s. of 2013 on Filipino-foreign ownership on nationalized and partly nationalized activities

M.C. No. 3 s of 2006 on principal office and SEC MC No. 6 s. of 2014 on amendment of the principal office address

E.O. 98 dated April 28, 1999 on Tax Identification Number (TIN)

MC No. 1 s. of 2013 on mandatory TIN of foreign investors

 Filing fee: 1/5 of 1% of the Partnership`s capital but not less than P2,000.00 plus 1% of the amount as legal research fee
3
1 min		 Pay filing fee at the Cashier located at the Ground Floor, Secretariat Bldg., PICC Complex, Roxas Boulevard Pasay City and file application with the Receiving Unit, CRMD located at the Ground Floor, Secretariat Bldg., PICC Complex, Roxas Boulevard Pasay City After receipt of the application, CPRD staff generates the Certificate of Recording of the Articles of Partnership bearing applicant`s SEC registration no. and Unified Registration Report (URR) None
4
5 mins.		 Present Official Receipt to Releasing Unit, Ground Floor, Secretariat Bldg., PICC Complex, Roxas Boulevard Pasay City to get the Certificate of Recording of the Articles of Partnership The Asst. Director reviews the application and forward it for approval of the CRMD Director. None
Note :Duration of activity under normal circumstances