Legal & Tax Updates

Client alerts & updates

Recent regulatory and legal developments covered by OS Law.

Resolution No. 31, s. 2026 (2 October 2026): Adopting the 2026 ERC Rules of Practice and Procedure

Special Guidelines in the Disposition of Old Petitions for Review

New Electric Vehicle Incentive Strategy to Promote EV Manufacturing

Anti-POGO Act: The Supreme Court Issues Rules on Civil Forfeiture of POGO-Related Assets

BIR Clarifies Tax Incentive Compliance Requirements for Registered Business Enterprises

SEC Issues Guidelines for Blockchain-Based Digital Signing and Authentication through VERITAS

Supreme Court Sets New Rules on Serving Notice of Dishonor in Bouncing Check Cases

DOLE Issues Revised Rules on Tripartism in Labor Relations

BSP Recalibrates EDD Threshold for Large-Value Cash Transactions

IPOPHL Streamlines Copyright Registration Under New Copyright Services Rules

NPC Issues Guidelines on Scraping of Publicly Available Personal Data

DOE Establishes Cybersecurity and Cyber Resilience Framework for the Energy Sector

SEC Issues Guidelines on the Issuance and Disclosure of Sukuk

DOE Amends National Hydrogen Policy Framework to Advance Hydrogen Energy Development

BSP Issues Regulatory Framework to Strengthen Oversight of Digital Financial Marketplaces

DENR Issues Rules on Interim Small-Scale Mining Contracts

SEC Establishes Rules for Umbrella Funds

OCA Reiterates Minimum Documentary Requirements for Posting Bail

ERC Establishes Rate-Setting Framework for Off-Grid Transmission Wheeling and System Operation Charges

SEC Expands the Definition of “Qualified Buyers” Under the Securities Regulation Code

PCC Raises Merger Notification Thresholds for 2026

SEC Lifts Moratorium on New Online Lending Platforms and Issues Updated Regulatory Framework

BOI Approves the 2026 Strategic Investment Priority Plan

DOE indefinitely suspends the implementation of GEA-5

New ERC Rules Expand Private Participation in Transmission Projects

Forest Management Bureau Assumes Central Role in Forest Tenure Under Revised DENR Rules

DENR Issues Enhanced ECC Guidelines for Offshore Wind Projects

SEC Issues New Guidelines on the Early Conduct of Annual Stockholders’ Meetings

BIR Issues New Rules on Registration Seal Badge for Online Businesses

DENR Revises ECC Requirements for Developments on Reclaimed Lands

SEC Issues New Compliance Guidelines for One Person Corporations

Artificial Intelligence and Data Privacy: NPC Issues Guidance on the Application of the Data Privacy Act to AI Systems

The Philippines and Singapore Formalize Carbon Credits Collaboration

DOE Issues New Rules on Coal Development and Production Contracts

The Philippine Supreme Court Introduces Human-Centered AI Governance Rules

BIR Clarifies Tax Rules for Purely Cash Donations Under RMC No. 010-2026

The Supreme Court Affirms Arbitration Authority of Rehabilitation Courts in MAPFRE v. Gulapa

Updated VAT Rules for RBEs: What RR No. 001-2026 Means for Businesses

SEC Eases Requirements for Capital Increases Funded by Cash Subscriptions

Modernizing Court Proceedings: Supreme Court Approves Videoconferencing Amendments

BSP Clarifies Enhanced Due Diligence Rules for Large-Value Cash Transactions

SEC Streamlines Procedural Rules with Evolving Laws and Jurisprudence

DICT Issues New Accreditation Rules for Cybersecurity Testing Laboratories

New ERC Rules on Bill Deposits and Service Applications for Residential Electricity Consumers

SEC Limits Independent Director Term to Nine Years

BIR Introduces Enhanced Electronic Documentary Stamp Tax (eDST) System

SEC Launches the HARBOR Platform for Corporate Beneficial Ownership Reporting

SEC Updates Rules on Beneficial Ownership Disclosure

SEC Requires Sustainability Reporting Under PFRS S1 and S2

ULAS Portal to Launch in 2026: What Lawyers and Firms Must Prepare For

DICT Extends ITC Registration Validity to 15 Years Under Amended Common Tower Policy

Updated Socialized Housing Price Caps

New De Minimis Benefit Thresholds Under RR No. 29-2025

Regulating Connectivity: An Overview of the Konektadong Pinoy Act IRR

The IRR of RA No. 12252: A Guide for Foreign Investors

SEC: Retirement Plan Loan Programs Are Not Covered by the Lending Company Regulation Act

The Philippines Imposes Total Ban and Criminalizes POGOs

ERC Removes TCOS Factor, Eases Financial Rules for RES Licensing

ERC Issues Rules to Enforce SC Decision in MERALCO Unbundling Case

New BIR Rules Limit Depreciation, Curb Abuse of Tax-Exempt Car Privileges

PEZA Clarifies VAT Zero-Rating Rules Under CREATE More Act

Extension of the RMC Broadcasting Corporation Franchise

The Philippines Advances Connectivity with the Konektadong Pinoy Act

Nuclear Safety in the Philippines: Key Highlights of RA 12305

SEC Streamlines Regulatory Applications

Foreign Ownership and Board Seats Limits in Philippine Corporations

SC Issues 2025 Transitory Rules on Electronic Filing and Service

The Philippines Opens Doors to Remote Workers With Digital Nomad Visa

New Philippine Institute to Lead Virology and Vaccine Research

ARROW Act Expands Scope and Accelerates Land Acquisition Processes

A New Era for Foreign Investors Leasing Private Land

Harmonizing Investment and Environmental Protection: The DENR’s Sustainable Forest Land Management Agreement (SFLMA)

The Energy Regulatory Commission Amends the Net-Metering Rules for Renewable Energy

DOE Sets Rules for Carbon Credit Generation and Trading

BIR Issues New Tax Rules Under CMEPA: Key Adjustments to Auto, Stock, and Stamp Taxes

Strengthening Nuclear Safety and Security

The Supreme Court Clarifies Stockholder Status

Energy Regulatory Commission Adopts Summary Proceedings to Expedite Regulatory Approvals

SEC Opinion Clarifies Limits on Representative Offices: Importation for Distribution Deemed Income-Generating

Joint Venture Corporations Must Follow Philippine Corporate Law

Pick-Ups Lose Tax-Exempt Status Starting July 1, 2025

SEC Clarifies Use of Trade Names After Merger Under the Revised Corporation Code

Supreme Court Decision Clarifies the Scope of PEZA VAT Exemptions

SEC Issues Rules and Guidelines on the Operations of Crypto-Asset Services Providers

Development of Philippine Natural Gas Industry under R.A. 12120

DENR issues the Guidelines in Securing an Environmental Compliance Certificate (ECC) under the Philippine Environmental Impact Statement System (PEISS) for Floating Photovoltaic (FPV) Projects on inland freshwater bodies

Supreme Court Affirms Rule on Written Notice in Co-Ownership and Legal Redemption

Supreme Court Abandons the Second Place Doctrine in Mangudadatu v. COMELEC

Supreme Court Rules Acknowledgement Receipt Constitutes a Contract to Sell, Not a Contract of Sale

NPC Issues Guidelines on Personal Data Processing Using Body-Worn Cameras and Recording Devices

ERC Adopts Green Energy Auction Reserve (GEAR) Prices for Round 4 of the Green Energy Auction Program (GEAP)

BIR Updates Guidelines on Loose Documentary Stamps Through Revenue Memorandum Circular No. 56-2025

DOLE Issues Supplemental Guidelines Clarifying and Amending Rules on Employment of Foreign Nationals

Extension of PSALM’s Corporate Life Under Republic Act No. 12179

Supreme Court En Banc Issues A.M. No. 02-8-13-SC to Enhance Digital Capacity of Clerks of Court for Notarial Records

SEC Issues the Rules On Crypto-Asset Service Providers Relevant To Its Public Offering And Marketing

NPC Issues Guidelines on Personal Data Processing Using Body-Worn Cameras and Recording Devices

DOLE Issues Department Order No. 252-25: Revised Implementing Rules on Occupational Safety and Health in the Philippines

Revenue Regulations No. 15-2025: Revised Private Retirement Benefit Plan Regulations

PEZA Memorandum Circular No. 2025-020: VAT Certification Nos. 2025-0299 to 2085 and 2025 VAT Updated Issue No. 0002-0011

BSP issues Circular Letter No. CL-2025-017 for the Publication/Posting of Statement of Condition and/or Consolidated Statement of Condition, and Balance Sheet

BSP issues Circular No. 1212 Series of 2025 or the “Amendments to foreign exchange regulations covering FX derivatives, involving the Philippine Peso, and other transactions under the Manual of Regulations on Foreign Exchange Transactions and the Manual of Regulations for Banks”

BIR Ruling No. OT-007-2025: Tax Implications on Pontoon Boats Imported for Display

Supreme Court Approves the Rules on Electronic Notarization

Supreme Court issues Rules on the Transmission and Execution of Letters of Request for Taking of Evidence in Civil or Commercial Matters

Supreme Court Clarified the Diligence Required in Dealing with Reconstituted Titles

Understanding NPC Advisory Opinion No. 2024-016: Disclosure of Personal Data Pursuant to a Mission Order by the Bureau of Internal Revenue

DOLE issues new Rules and Regulations on the Employment of Foreign Nationals

DOLE Issued the Revised Rules and Regulations Regarding the Mandatory Conciliation-Mediation, or the Single-Entry Approach Implementing Rules and Regulations

The National Privacy Commission Issues Guidelines on Child-Oriented Transparency

Supreme Court Approves New Rules on Mandatory Pro Bono Legal Aid Service in Administrative Matter No. 22-11-01-SC

The National Privacy Commission Issues Guidelines on the Application of the Data Privacy Act to Artificial Intelligence Systems Processing Personal Data

Applicability of Mandatory Tender Offer Rule (SEC OGC Opinion No. 24-38)

Definition and Composition of Paid-Up Capital under the Retail Trade Liberalization Act of 2000, As Amended (SEC OGC Opinion No. 24-39)

SEC-OGC Opinion No. 24-34, Re: Foreigner appointed as Chairman of a corporation engaged in a partially nationalized economic activity

SEC-OGC Opinion No. 24-35, Re: Appropriation of Retained Earnings for Contingencies;

SEC-OGC Opinion No. 24-36, Re: Additional Paid-In Capital; Foreign Equity Ownership Requirement for Corporations engaged in Land or Real Estate Business

SEC-OGC Opinion No. 24-37, Re: Number of Directors in a Financing Company

SEC-OGC OPINION NO. 14-2024: Re: Inspection Rights of Shareholders

BSP Advises BSFIs on Beneficial Ownership Due Diligence

BIR Ruling No. OT-028-2024: Clarification on the Basis for the Computation of the Creditable Withholding Tax and Documentary Stamp Tax on its Transaction involving the Sale of Real Property on Installment

SEC Mandates Publicly Listed Companies to Upload the Minutes of their Regular and Special Meetings

BIR Denies M.C. Holdings Corporation’s Request for VAT Exemption on Property Dividends

BIR Prescribes the Presentation of Tax Clearance Prior to Final Settlement of Government Contracts

BIR Clarifies the Deadline of Filing Documentary Stamp Taxes Return and Payment provided under Republic Act No. 11976 or the “Ease of Paying Taxes Act”

BIR Issues Revenue Regulations No. 12-24 Amending Rules on the Validity of CARs

The SEC on Financing Leasing Transactions

BIR Issues Revenue Regulations No. 11-2024 Amending Transitory Provisions on Deadlines for Compliance with the Invoicing Requirements

BIR Clarifies Certain Issues Relative to the Implementation of Section 19 of the Ease of Paying Taxes Act Which Added Section 110(D) to the National Internal Revenue Code

Voting by Remote Communication Based on a Board Resolution

SEC OGC OPINION NO. 11-2024: Re: Annual Meeting via Remote Communication and Voting in Absentia

BIR Ruling No. OT-022-2024: Clarification on the Applicable Taxes Due on Termination Fee

SEC OGC OPINION NO. 10-2024: Re: Perpetual Term of Officers

BIR Clarifies Creditable Withholding Tax Exemption of BOI-Registered Enterprise

SEC Issues Opinion Addressing Issues Regarding Liquidation, Certificate of Dissolution, Appointing Trustees, and Conveyance

SEC OGC Opinion No. 09-2024: Re: Doing Business in the Philippines

BIR Clarifies Policy on Antedating Deeds of Sale Involving Real Properties

SEC OGC Opinion No. 04-2024: Re: Applicability of SRC Registration Requirements to Timeshares

BIR Clarifies the Taxability of Transactions involving Purchase of E-Gift Vouchers/Certificates by Companies from Merchants

SEC Clarifies Liquidation Beyond the 3-Year Winding Up Period

Guidelines for the Filing of the Registration Statements by Power Generation and Distribution Utilities Companies

SEC Issues Guidelines for Cornerstone Investors in Initial Public Offerings

PCC Adjusts the Merger Notification Thresholds

ERC sets Installed Generating Capacity and Market Share Limitation per Grid and National Grid for 2024

BIR Clarifies the Repeal of Section 6 of the NIRC through RMC No. 60-2024

DOE Releases Amendments on the Guidelines for Non-Feed-In Tariff Eligible Renewable Energy Technologies in the Green Energy Auction Program

PEZA Clarifies Applicability of Provisions of Republic Act No. 11898 or the Extended Producer Responsibility Act of 2022

DOLE Labor Advisory No. 03-2024: 2023 Annual Establishment Report on Wages

SEC Updates Fines and Penalties on Late and Non-Submission of Audited Financial Statements, General Information Sheet, and Non-Compliance with MC 28

Creation of the DOE Nuclear Energy Program Coordinating Committee

SEC OGC Opinion No. 23-14: Prohibition on the Retention of Surplus Profits

BSP adopts Sustainable Finance Taxonomy Guidelines

Implementing the Registration Procedures and Invoicing Requirements Under the Ease of Paying Taxes Act

Implementing Section 21 (B) of the National Internal Revenue Code of 1997, as amended by R.A. No. 11976 otherwise known as the “Ease of Paying Taxes Act”, on the Classification of Taxpayers

Implementing Section 45 of the Ease of Paying Taxes Act on Reduced Interest and Penalty Rates for Micro and Small Taxpayers

Implementing Sections 76 (C), 112 (C), 112 (D), 204 (C), and 229 of the National Internal Revenue Code of 1997, as amended by the Ease of Paying Taxes Act on Tax Refunds

Implementing the Provisions of the Ease of Paying Taxes Act on the Filing of Tax Returns and Payment of Taxes and Other Matters Affecting the Declaration of Taxable Income

Implementing the Amendments Introduced by the EOPTA on the Relevant Provisions of Title IV – Value Added Tax (VAT) and Title V – Percentage Tax of the National Internal Revenue Code of 1997, as amended (Tax Code)

Guidelines on the Philippine Sustainable Finance Taxonomy under SEC Memorandum No. 05, series of 2024

SEC OGC Opinion No. 24-02: Re: Composition of Board of Trustees of a Condominium Corporation

SEC-OGC Opinion No. 24-01: Re: Foreign Ownership, Control and Administration of Educational Institutions; Applicability of the Foreign Investments Negative List to Educational Institutions

DOE Prescribes the Framework and Guidelines for the Processing of Applications for Certificate of Energy Projects of National Significance

Revised IRR of Article 96 of the Labor Code of the Philippines (Service Charges Collected by Hotels, Restaurants and Other Similar Establishments)

DOLE Department Order No. 241-24: Implementing Guidelines of the DOLE AMP for Workers and Enterprises

BSP Circular No. 1192 Series of 2024: Bangko Sentral ng Pilipinas Amends Foreign Exchange Regulations Covering Foreign Investments

RMC No. 53-2024: Circularizing the Availability of the Revised BIR Registration Forms Relative to the Implementation of Republic Act No. 11976

Updates and Amendments to the Manual of Regulations for Banks and Non-Bank Financial Institutions Under BSP Circular No. 1189

Effectivity Date of the Provisions of the Philippines-Brunei Double Taxation Agreement

BIR Releases Policies and Guidelines for Brand Registration and Submission of Packaging Labels of Vapor Products and Variants

VAT Exemption Threshold for Sale of House and Lot and Other Residential Dwellings Increased

DOE Amends Guidelines for the Green Energy Auction Program

SEC Requires Corporations to Indicate a Definite Number of Directors in their Articles of Incorporation

DOJ Legal Opinion No. 02-24: Effect of WFH Arrangements to the Tax Incentives of Registered Business Enterprises

BIR Issues Guidelines for Government Remittance of DST

SEC Clarifies Protocols on the Sale of Unissued Shares at a Premium and the Exercise of Pre-Emptive Rights

SEC OGC Opinion No. 23-12: Nationality of the President of a Non-Stock Non-Profit Corporation

Veto of Section 8 of Republic Act No. 11976

SEC Integrates MC 28-2020 and MC 01-2021 into ESPARC And One SEC, Including Automatic Enrollment To eFAST

Tax Treatment of Cross-Border Transactions

Republic Act No. 11967: Internet Transactions Act of 2023

Republic Act No. 11976: Ease of Paying Taxes Act

SEC-OGC Opinion No. 23-09: Eligibility of Logistics Company to be Converted into 100% Foreign-Owned Corporation

SEC Memorandum Circular No. 18, Series of 2023: Guidelines on the Submission of Digital Copies of Applications, Compliance Documents and Other Requests, and Further Reduction of the Number of Hard Copies to be Filed with the SEC

SEC OGC Opinion No. 23-10: Retail Trade Law; Exceptions

SEC Amends List of Authorized Registrars of Qualified and Institutional and Individual Buyers

DOF Issues New Rules on Non-Income Related Tax Incentives

BIR Clarifies the Applicable Taxes Due on Sale of Real Property Considered as Ordinary Assets of the Seller

SEC Grants Final Extension for Amnesty Applications Until 31 December 2023

SEC Releases Guidelines on Declaration of Delinquency Status and Revocation of Certificate of Registration

DOLE Issues Guidelines on Mental Health Policy and Program in the Workplace

SEC Extends Amnesty Application until 06 November 2023

PEZA Issues Memorandum Circular 2023-045: Clarification on the Documentary Requirements in Securing PEZA Visa

BIR Amends Regulations on Estate Tax Amnesty

SEC Memorandum Circular No. 13: Guidelines on Annex C of Rule 12 of Securities Regulation Code Interpreting the Comparative Periods Required in the Management’s Discussion and Analysis

DOE issues Advisory on the Implementation of DOE Department Circular No. DC2023-06-0021

DOE Issues Implementing Guidelines for Offshore Wind Development

Republic Act No. 11956: Further Amending Republic Act No. 11213 or the Tax Amnesty Act

DOLE Labor Advisory No. 18: Engagement or Participation of Children in Public Entertainment or Information

PEZA MC No. 2023-041: Deferment of the Implementation of the Expanded Electronic Zone Transfer System for Interzone Transfers

Updating of Authorized Agent Banks’ Authorized Signatories and Withdrawal Limit

DOE announces Framework for the Efficiency and Optimal Development of Offshore Wind Resources

BIR Circularizes the Additional List of Top Withholding Agents

BIR Clarifies Issues Relative to Implementation of Revenue Regulation No. 3-2023

SEC Amends SRC Rules and Circular on Risk Based Capital Adequacy Ratio for Brokers Dealers

Availability of Revised BIR Form No. 2200-M

PEZA MC No. 2023-038: Payment of Applicable Fees as a Pre-requisite for Any Application filed with PEZA

BIR Issues Regulation for Senior Citizens and PWDs to Avail of Discounts for Online Transactions

BIR Forms for VAT, Percentage Tax and Final Tax Withheld Now Available via eFPS

DOE Prescribes Guidelines on the Philippine Transport Vehicles Fuel Economy Labeling Program

SEC Implements Fees and Charges for Certain IT-Related Services

DOE Promulgates Guidelines for Electric Vehicle Recognition

DOE Department Circular No. DC2023-05-0016: Prescribing the Fuel Economy Performance Rating Guidelines on Road Transport Vehicles

DOE Opens Online Applications for Accreditation and Registration of Electric Vehicle Charging Stations Providers

SEC-OGC Opinion No. 23-05: Allowable Activities of a Representative Office

BIR Reflects PERA Contribution Amendments and Prescribes Tax Credit Certificate Guidelines

DOE Announces the Accreditation and Registration of Electronic Vehicle Charging Stations Providers

BIR Issues Templates for Domestic Corporations Receiving Multiple Foreign-Sourced Dividends Qualified for Tax Exemption

DOLE Issues Reminders for Protection of Rights of Persons with Disabilities in the Workplace

Executive Order No. 32: Streamlining Permitting Process for Telecommunications and Internet Infrastructure Construction

BSP Amends Rules on Reserves Against Deposits and Deposit Substitute Liabilities of Banks

BIR Extends Deadline for Replacement of Ask for Receipt Notice with Notice to Issue Receipt/Invoice

PCC Issues Review Guidelines on Non-Horizontal Mergers

DOE Advisory: Submission of 2023 RPS Reportorial Requirement

Advisory on Reimposition of Monetary Penalties for Delays Incurred in the Submission of Reports to the BSP-IOD

SEC-OGC Opinion No. 23-08: Lending Company Activity

BIR Implements New Tax Rates by July 1

SEC OGC Opinion No. 23-07: Secondary License

Revenue Regulations No. 6-2023: Amending Certain Provisions of Revenue Regulations No. 13-2010 Regarding Late/Out-of-District Filing of Tax Returns

BSP Reduces Reserve Requirements Effective 30 June 2023

BIR Expands Coverage of Non-Issuance of “Authority to Release Imported Goods”

SEC Further Extends Deadline for Amnesty Applications

SEC-OGC Opinion: Lone Living Stockholder and Director may Act as Trustee-in-Liquidation

BIR Declares that the Clark Development Corporation is not Entitled to Incentives Granted to RBEs

Applications for ONETT for the Issuance of eCAR now Available thru the eONETT System

BIR Issues Amendments on the Venue for the Issuance of a Certificate Authorizing Registration Relative to Tax-Free Exchanges of Properties

DOE Advisory No. RESHERR-1: Moratorium on the Obligations of Renewable Energy Projects in the Pre-Development and Pre-Construction Phase

SEC-OGC Opinion No. 23-04: Remedies for lost stock and transfer book

SEC-OGC Opinion No. 23-03: Implications of RA 11659 on a Freight Forwarding Company Engaged in Domestic Operations

BIR Announces the Availability of the Revised Return for the Quarterly Value-Added Tax (BIR Form No. 2550Q)

BIR Releases Enhanced BIR Registration Forms for Ease of Doing Business

BIR Amends the Requirements for Availing of Income Tax Exemption of Foreign-Sourced Dividends Received by a Domestic Corporation

SEC: Sale of Agricultural Inputs to Industrial Consumers Not Covered by the Retail Trade Liberalization Act

PEZA Recognizes “Ecozone Developers and Operators as Exporters” as “Activities in Support to Exporters”

Adoption of the ASEAN Sustainable and Responsible Fund Standards by the Securities and Exchange Commission

BIR Clarifies Policies and Guidelines on the Issuance and Validity of TIN Card and Certificate of Registration

SEC Issues Guidelines on Application for Allocation of Codes for Financial Instruments

SEC-OGC Opinion No. 23-01: Powers, Citizenship, Residency and Educational Requirements of the Board of Trustees of an Educational Institution

BIR Clarifies the Entitlement of Economic Zone Developers and Operators to VAT Zero-Rating

BIR Announces Enhanced Online Registration System Features through its Online Registration and Update System

SEC Issues Rules for the Financial Products and Services Consumer Protection Act of 2022

DOE Issues Supplemental Policy for Systematic Management of Retail Electricity Suppliers’ Reportorial Requirements

BIR Now Mandates Barangays to File Returns through eBIRForms

Optional Filing and Payment of Monthly VAT Returns (BIR Form No. 2550M) for VAT-Registered Persons

DOE Issues Policy for Energy Storage System in the Electric Power Industry

BIR Clarifies Zero-Rating Rules for Registered Export Enterprises

SEC Announces Extension of Deadline for Amnesty Applications

DOE Announces Modified Possessory Rights Requirements for Contract Applications for Solar/Biomass Development and Applications for Declaration of Commerciality

Nationwide Implementation of Online Application Forms and Mayor’s Permit as Additional Requirement for the Renewal of Private Employment Agency License

BSP Amends Currency Rate Risk Protection Program Guidelines

BSP Clarifies Amendments to FX Regulations

The BIR Now Prescribes the Use of Constructive Affixture of Documentary Stamp for Certificates Issued by Government Agencies or Instrumentalities

BSP Amends Foreign Exchange Regulations

BSP Amends Customer Due Diligence and e-KYC Regulations

Department of Labor and Employment Broadens the Visitorial and Enforcement Power of the Secretary of Labor and Employment

Department of Energy Releases the Retail Manual on the Procedures for the Implementation of the Green Energy Option Program

PEZA Reiterates CETI Application Process

DOLE Allows Modifications in Work Environment Measurement for Low-Risk PEZA Establishments

DICT Releases Guidelines for Startup Grant Fund

Safety and Health Measures to Prevent and Control Heat Stress at the Workplace

Annual Establishment Report on Wages for Calendar Year 2022

BIR Announces Availability of the Offline eBIRForms Package Version 7.9.4

DOE Issues Guidelines for the Submission of Distribution Utilities’ Reports

Clarifications on the Application of the Eighteen (18)-Month Transitory Period in the Vaporized Nicotine and Non-Nicotine Product Regulation Act

Public Service Act IRR to Take Effect on 4 April 2023

Guidelines on the Electronic Submission of Reportorial Requirements of Digital Banks

Availability of Other Registration-Related Online Transactions, Functions and Features in the BIR Online Registration and Update System

Amended Guidelines on the Tax Exemption Indorsement Requirement under FIRB AO No. 001-2023

SEC Grants Amnesty for Non-Filing and Late Filing of General Information Sheet and Annual Financial Statement and Non-Compliance with MC No. 28, s. 2020

SC Amends Jurisdictional Requirements for Dissolution of Marriage and Legal Separation

Employers Reminded to Promote Gender Equality in the Workplace

FIRB Extends Bond-Free Period for Movement of IT-BPM Assets Outside Ecozones

FIRB Defers CNLA Requirement for Registered IT-BPM RBEs

Highlights of the Extended Producer Responsibility Act of 2022 and its Implementing Rules And Regulations

Philippine Competition Commission Adjusts Merger Notification Thresholds

ERC Extends the Temporary Suspension of Collection of Feed-In Tariff Allowance

BSP Implements the National QR Code Standard

Amended Classification of One-Time Transactions and New Processing Time for the Issuance of ONETT Computation Sheet and Electronic Certificate Authorizing Registration

BIR Further Clarifies Qualifications of Ecozone Logistics Service Enterprise to VAT-Zero Rate on Local Purchases

BSP Eases Security Requirement for PERA Administrators’ Faithful Performance of Duties

Ecozone Logistics Service Enterprises Can Now Qualify for VAT Zero Rating

Amendments to the ERC Rules Supplementing the Switching and Billing Process, and Adopting a Disconnection Policy for Contestable Customers

The BOI Clarifies the Coverage of Logistic Services as “Activities in Support to Exporters”

BSP Imposes New Liquidity and Capitalization Requirements for Electronic Money lssuers in the Philippines

The BSP Raises Cap on Credit Card Transaction Interest Rates and Finance Charges

FIRB Issues Guidelines for the Transfer of Registered IT-BPM Enterprises to BOI

Revised BIR Form Nos. 1606 and 1706 Now Available

BIR Implements Online Application System for Registration-Related Transactions

BIR Issues Rules on Tax Exemption for Solo Parents

DOLE Sets Guidelines on Food and Waterborne Disease Prevention and Control in the Workplace

New Format on the Submission of Inventory List and Other Reporting Requirements with the BIR

DOE Set to Launch WESM Mindanao’s Commercial Operations on 26 January 2023

New Guidelines on the Online Registration of Books of Accounts

BIR Releases Clarifications on the RPS Assessment

FIRB Extends Deadline for Transfer of Registered IT-BPM Enterprises to BOI until 31 January 2023

SEC Issues Rules on Sustainable and Responsible Investment Funds

BIR Releases Transitory Provisions for the Implementation of the Quarterly Filing of VAT Returns Starting 1 January 2023

NPC Releases Updated Guidelines on the Processing of Personal Data for Loan-Related Transactions

DOE Releases Guidelines on the Registration and Issuance of LTO to Qualified DOE-Regulated LPG Industry Participants

SEC Amends Issuance on Disclosure of Beneficial Ownership Information

BSP Released Amendments to Miscellaneous Rules on Deposits Under the MORB

BSP Adopts Guidelines to Implement the Financial Products and Services Consumer Protection Act

AMLC Issued Rules and Regulations Implementing Section 9(d) of the Expanded ATIP of 2022

DOE Releases Further Amendments to the Wholesale Electricity Spot Market Rules and Market Manuals for the Implementation of Reserve Market

ERC Issued Distributed Energy Resources Rules

BSP Released Peso Real Time Gross Settlement (RTGS) Rules

DOE Releases Rules of Procedure for Administrative Cases in the Downstream Oil Industry

BIR Clarifies Issues in the Implementation of Revenue Regulation No. 13-2022 on Income Tax Treatment of Equity-Based Compensation

DOLE Issues Guidelines for Voluntary Wearing of Face Masks in Workplaces

SEC OGC Opinion No. 22-15: Election of Representatives of Corporate Unit Owners as Trustees and Officers of Condominium Corporations

SEC OGC Opinion No. 22-14: Legality of Converting a Non-Stock, Non-Profit Corporation to a Stock Corporation

BIR Releases New Rules on the Importation, Manufacture, Sale, Use, and Distribution of Vaporized Nicotine and Non-Nicotine Products

ERC, DOE, DSWD Issue Joint Resolution to Implement Republic Act No. 11552

DOE Amends RE Act Implementing Rules And Regulations To Allow Full Foreign Equity In RE Projects

ERC Approves Amended Rules and Procedures to Govern the Monitoring of Reliability Performance of Small Grid Generating Units

DOLE to Issue Certification Pursuant to the FIA of 1991, as amended

PEZA Releases Additional Guidelines for the Registration of Existing RBEs in the IT-BPM Sector with the BOI

PH Passes Act Requiring SIM Registration

BIR Releases Clarification on Tax Treatment of Equity-Based Compensation

SEC OGC Opinion No. 22-13; Re: Additional Paid In Capital

SEC Releases Guidelines on Arbitration of Intra-Corporate Disputes

BIR Issued Guidelines and Procedures for the Conduct of Enforcement Operations, Forfeiture, and Prosecution of Cases Relative to the Unlicensed Production, Importation, Trade, Sale, or Possession of Articles Subject to Excise Tax

SEC-OGC Opinion No. 22-12: Issuance of Shares of Stocks at a Premium Without Increasing the Authorized Capital Stock

Department of Justice rules: Solar, wind, hydro and ocean or tidal energy should NOT be subject to forty percent (40%) foreign equity restrictions.

DOLE Releases Revised Implementing Rules and Regulations of the Telecommuting Act

DOLE Releases Guidelines on the Processing and Issuance of Permit to Operate and Certificate Electrical Inspection to the Regional Offices

PCC Promulgates Revised Rules on Consent Order

PCC Provisionally Adjusts the Notification Thresholds

BIR Issues Policies and Guidelines for the Availment of Incentives under the Free Legal Assistance Act

BSP Releases Amendments to the Manual of Regulations for Banks Applicable to Digital Banks

DOLE Releases Updated COVID-19 Prevention, Control and Reporting Protocols in the Workplace

DOE Releases Policies for the Market Operator Performance Standards

ERC Releases the Rules and Procedures for Monitoring of Reliability Performance of Small Grid Generating Units

PEZA Amends the Documentary Requirements for the PEZA Visa

BIR Issues Amended Policies and Guidelines for the Issuance of International Carriers Special Certificate

BIR Releases Clarifications on the Removal of the Five-Year Validity Period on Receipts/Invoices

BSP Increases the Minimum Capital Requirements for Rural Banks

BSP Sets Guidelines on the Integration of Sustainability Principles in Investment Activities of Banks

SEC Issues Rules on Qualified And/ Or Eligible Personal Equity and Retirement Account Investment Products

DOE Releases Supplements and Amendments to the Energy Resiliency Planning and Programming of the Energy Sector

SEC OGC Opinion No. 22-11: License to Transact Business

SEC-OGC Opinion No. 22-10: Real Estate Investment Trust

DOLE Issues Guidelines For Suspension of Work in the Private Sector by Reason of Weather Disturbances and Similar Occurrences

Regular Holidays and Special (Non-Working) Days for the Year 2023

BIR Provided Additional Guidelines for the Payment of Penalties Relative to Violations Incurred by Registered Business Enterprises in the IT-BPM Sector

NPC Releases Guidelines on Administrative Fines

BSP Issues Guidelines on the Computation and Payment of Rebates, Refunds and Incentives (“RRI”) for Unfit Banknote Deposits

BSP to Suspend Grant of VASP Licenses

PEZA Clarifies Guidelines on the Issuance of the Certificate of Entitlement to Tax Incentives under CREATE Act

ERC Adopts Rules for the Electric Retail Aggregation Program

DOE Declares the Interim Commercial Operations of the Renewable Energy Market

DOLE and DMW Outline Powers and Functions In Joint MC

BIR Prescribed Guidelines and Procedures for Requesting Mutual Agreement Procedure Assistance in the Philippines

BIR Prescribes Guidelines and Procedures for the Spontaneous Exchange of Taxpayer Specific Rulings

SEC-OGC Opinion No. 22-09: Election of a Foreign Director and President in a Holding Company and of a Foreign Director in a Subsidiary Engaged in Power Generation Activities

BIR Prescribes Policies and Guidelines for the Admissibility of Sales Documents in Electronic Format, Issuance of Receipts or Sales or Commercial Invoices, and Electronic Sales Reporting System

BIR Prescribes Policies and Guidelines for the Implementation of Section 237 and 237-A of the NIRC as Amended by the TRAIN Law, through the Use of the Electronic Invoicing/Receipting System (EIS)

FIRB Allows Work From Home Arrangement For IT-BPM Sector Until September 2022

BIR Issued Policies and Guidelines for the Availment of Tax Incentives Under the Renewable Energy Act of 2008

BIR Removes 5-year Validity Period on Receipts/Invoices

Republic Act No. 11861: Expanded Solo Parents Welfare Act

PEZA and Bureau of Immigration Provide Amended Guidelines For The Application, Evaluation, and Processing of the PEZA Visa

BSP Amends the Guidelines Implementing R.A. No. 11523 or the “Financial Institutions Strategic Transfer (FIST) Act”

SEC-OGC Opinion No. 22-08: License to Transact Business in the Philippines; Philippine Branch

SEC-OGC Opinion No. 22-07: Board of Directors or Trustees of a Corporation; Residency Requirement

SEC Opinion No. 22-06: Liquidation

BSP Provides Prudential Relief on the Treatment of Loss Arising from the Sale/Transfer of Non-Performing Assets

ERC Issues Resolution Adopting the Green Energy Auction Reserve Prices for the First Round of Auction

BIR Clarifies the Income Tax Treatment of the Different Classifications of Educational Institutions and their Tax Obligations

SEC-OGC Opinion No. 22-05: Citizenship of a Trust; Grandfather Rule

SEC-OGC Opinion No. 22-04: Corporate Name; Trade Name

DOE Releases Certification Guidelines for Energy Audit Conducted by Firms, Partnerships, Corporations, and Sole Proprietorships

BIR Clarifies the Tax Treatment for the Importation of Petroleum and Petroleum Products through and from Freeport Zones and Economic Zones.

BIR Releases Policies and Guidelines for the Conduct of Public Auction Sale of Distrained, Levied, and Acquired Assets

BSP Amends the Rules on Cross-Border Transfer of Local and Foreign Currencies

Financial Products and Services Consumer Protection Act Signed into Law

DOLE Prescribes Rules on the Certification of First Aiders and on the Accreditation of First Aid Training Providers

DICT Consolidates Projects Under Digital Education Program into the Digital Learners Project

DOE Sets Guidelines for the Recognition of Testing Laboratories and for the Issuance of Certificate of Endorsement to the Board of Investments for Fiscal Incentives

NPC Conducts On-Site Compliance Checks to Determine Compliance with the DPA

DOE Issues Guidelines on the Issuance of the Certificate of Energy Efficiency Cost Reductions

BIR Clarifies the Proper Taxable Base of Excise Tax in the Manufacturer’s/Assembler’s or Importer’s Sworn Statement and Integration of the Monitoring, Supervision, and Reporting of Excisable Products under RAO No. 2-2014

BIR Prescribed Policies, Guidelines, and Procedures in the Application for Revalidation of Tax Credit Certificates

DOLE Releases Guidelines in the Accreditation of Agents and Appointment of Employer’s Authorized Representatives for Filing of Alien Employment Permit Applications and Related Documents

A.M. No. 21-03-05-CA: The Court of Appeals Rule of Procedure in Bank Inquiries Relating to Unlawful Activity or Money Laundering Offense

BIR Provides Clarification for Issues Relative to Revenue Regulation No. 21-2021

DICT Streamlines Regulation for Qualified independent Tower Companies, Satellite Service Providers and Operators, and Private Express and/or Messengerial Delivery Service Operators.

BIR Issues Regulation Implementing Amendment on Income Taxation of Proprietary Educational Institutions and Hospitals Which Are Non-Profit

SEC-OGC Opinion No. 22-03: Preferred Shares; Rural Banks

SEC-OGC Opinion No. 22-02: Quorum; Board of Trustees

SEC-OGC Opinion No. 22-01: Redemption of Preferred Shares

DOLE Amends Requirements for SEBA Certification

Guidelines on the Provision of Free Covid-19 Testing for Newly Hired Jobseekers

BIR Clarifies the Tax Treatment of the PAGCOR, its Licensees, and Contractees

SEC Opinion No. 21-11: Re: Primary and Secondary Purpose of Domestic Corporation

SEC-OGC Opinion No. 21-10: Redemption and Retirement of Preferred Shares; Reduction of Capital Stock

SEC-OGC Opinion No. 21-09: Re: Annual Meeting via Remote Communication in Non-stock Corporations

SC Recalibrates Rules to Expedite Procedures in First Level Courts

DOE Prescribes Policies and Programs to Promote the Development of Biomass Waste-to-Energy Facilities

ERC Issues Resolution Setting the Installed Generating Capacity and Market Share Limitation per Grid and National Grid for 2022

Guidelines in E-Commerce Transactions for Online Businesses and Online Consumers

BIR Issued Policies and Procedures for the Issuance of Tax Credit Certificate Arising from PERA and the ePERA System

BIR Seeks to Expedite the Issuance of Authority to Release Imported Goods for VAT-Exempt Drugs and Medicines

SC Streamlines Naturalization Process for Refugees and Stateless Persons

BSP Recommends Control Measures against Cyber Fraud and Attacks on Retail Electronic Payments and Financial Services

SEC Opinion No. 21-06: Retail Trade Law; Water Filtration Services

SEC Opinion 21-07: Engaging in Mass Media and Advertising Activities thru the Offering of Space on Assets

SEC-OGC Opinion 21-08: Appointment of a Foreign Director in a Corporation Engaged in a Partly Nationalized Activity

Philippines amends Public Service Act, limits the definition of “Public Utility” and lifts foreign equity restrictions on various industries.

SEC Enumerates Disqualifications of Directors, Trustees, and Officers of Corporations and Provides Guidelines on the Procedure for their Removal

Guidelines on Corporate Dissolution under Sections 134, 136, and 138 of the Revised Corporation Code

Guidelines on the Physical Submission of Pleadings and Case-Related Documents Filed Through the OGC’s Official E-mail During the Covid-19 Pandemic

BIR Clarifies Taxability of Electronic Sabong Operations

BIR to Suspend Income Tax Incentives Granted to Registered Business Enterprises in IT-BPM in Case of Violation of Prescribed Work-From-Home Threshold

SEC-OGC Opinion No. 21-04: Quorum in By-Laws

SEC-OGC Opinion No. 21-05: Increase of Authorized Capital Stock; Registration of Shares of Stock to be Issued

SEC sets ceilings on interest rates and other fees charged by lending companies, financing companies, and their online lending platforms

The Supreme Court adopts Guidelines on Gender-Fair Language in the Judiciary and Gender-Fair Courtroom Etiquette

SEC Opinion 21-03: Deed of Trust and Assignment over Share of Stock

SEC Opinion 21-02: Nationality Rules; Public Utility or Mass Media

SEC Opinion 21-01: Filling-up of Vacancies in the Board of Trustees

Amendments to the Foreign Investment Act

Republic Act No. 11595 Reduces The Required Paid-up Capital For Foreign Retail Enterprises To Twenty-five Million Philippine Pesos

BSP Releases Guidelines on the Electronic Submission of Annual Report of All Interlocking Positions of Directors and Officers

BIR Provides Guidelines on the Filing of Requests for Confirmation, Tax Treaty Relief Applications and Tax Sparing Applications

BIR Reminds 2022 Political Candidates To Comply With Tax Obligations

SEC Releases Schedule for Filing of Annual Audited Financial Statements and General Information Sheet

BIR Directs Monitoring And Verification Of Tax Compliance Of Online Merchants, Social Media Influencers And Other Businesses Operating Through Digital Or Online Platforms

BSP Guidelines On Digitization Of Customer Records

BSP Reminds All BSP-Supervised Financial Institutions Of The Analysis Of Suspicious Transaction Reports With Possible Links To Tax Crimes And Real Estate Sector

Clarification On The Definition Of Digital Bank

Guidelines On The Submission Of Reports On Crimes And/Or Losses By Banks And Non-Banks With Quasi-Banking Functions (NBQB)

The Department Of Labor And Employment Issues Guidelines On The Submission Of Monthly Reports Of Private Employment Agency (PEA) And Renewal Of Pea Licenses In Light Of The Pandemic.

Taxing Philippine Offshore Gaming Operations

NPC Warns The Public Against Smishing

Final Extension Of Deadline For Compliance With The Guidelines On Digitalization Of Customer Records

Updated List Of Vat-Exempt Products Under Section 109(1)(Aa) And 109(1)(Bb)

Supreme Courts Orders No Personal Filing For The Month Of October 2021

Dict Releases Irr On The National Policy For Expanding The Provision Of Internet Services In The Philippines

Submission Of Consolidated Report On Required And Available Reserves (Crrar) By Non-Banks With Quasi-Banking Functions

Participation, Quorum And Voting Via Remote Communication And/Or In Absentia

Redemption And Retirement Of Preferred Shares

Transition From SEC CRS To SEC ESPARC

SEC Responds To Frequently Asked Questions (FAQs) On Beneficial Ownership

Disclosing Beneficial Ownership Information In Suspicious Transaction Reports

PEZA Information Technology – Business Process Management To Work From Home Until 31 March 2022 And Guidelines For Compliance

BIR Clarifies the Procedures and Documents for the Availment of Tax Treaty Benefits

BIR Imposes VAT on Previously Zero-Rated Goods and Services

Streamlining the Procedures and Documents for the Availment of Treaty Benefits

DOLE Streamlines Process for Issuance of Permit to Operate and Certificate of Electrical Inspection for New Power Generation, Transmission, and Distribution Projects

From Final to Creditable: Shift of the VAT Withholding System on Sales to the Government

Schedule and Procedure for the Filing of Annual Financial Statements, General Information Sheet and Other Annual Reports

The FIST Law

Department of Labor and Employment Allows Extension of Suspension of Employment Relationship

Philippine Supreme Court Approves Guidelines on the Implementation of Hague Service Convention on Judicial Documents

BSP Guidelines on the 60-day Mandatory Grace Period on Unpaid Loans

Guidelines In The Filing, Investigation, And Resolution Of Complaints For Violation Of The Right To Inspect And/or Reproduce Corporate Records

Grace Periods under Republic Act No. 11494 or the “Bayanihan to Recover as One Act”

SEC Issues Guidelines On Amending The Corporate Term

BIR Replaces Notice of Informal Conference with Notice of Discrepancy in Tax Assessment Procedure

DOLE Releases Revised Guidelines on Employment Preservation Upon the Resumption of Business Operation

Interest or finance charge, and processing fees ceiling for credit card receivables and cash advances

Philippine Immigration Law Update: The Travel Ban Exemption

Suspension of the Compulsory Notification Requirement and Exemption from Motu Proprio Review of Mergers and Acquisitions under the Bayanihan to Recover as One Act

Tax Authorities Launch Voluntary Assessment Program

BIR Extends Deadline for Business Registration of Businesses Engaged in Digital Transactions

Philippines Tax Update: BIR Continues to Institutionalize Transfer Pricing Audits

Philippines Legal Update: DOLE Guidelines on Resumption of Business Operations

Philippines Legal Update: NEDA Approved Infrastructure Projects

Philippines Legal Update: New Joint Memorandum Circular on Data Protection & Data Privacy

Philippines Legal Update: Omnibus Guidelines on the Implementation of Community Quarantine

Philippines Legal Alert: Movables as Security in the Philippines – New Law Provides More Stable Regime

Philippines Legal Alert: Philippines Overhauls Corporation Law to Aid Business

NPC Rules Of Procedure: <br>Advisory Opinions

NPC Guidelines On Compliance Checks

OS Law Legal Updates 31 July 2018

Update on Public Bidding Rules at the Dept of Transportation

Ease of Doing Business and Efficient Government Service Delivery Act of 2018

Expedited Approval of Energy Project Permits