Extension of the Deadline for Filing of 2025 Annual Financial Statements (AFS)
Summary
The Securities and Exchange Commission (SEC) has extended the filing deadlines for 2025 Annual Financial Statements (AFS) of corporations with fiscal year ending December 31, 2025, following the extension of the 2025 Annual Income Tax Return (AITR) and its required attachments filing deadline (until 15 May 2026) through the Bureau of Internal Revenue (BIR) of Revenue Memorandum Circular (RMC) No. 30-2026.
Key Changes
Accordingly, the filing deadlines prescribed under SEC Memorandum Circular No. 9, Series of 2026 are revised as follows:
Revised Filing Schedule
Audited Financial Statements (AFS)
- Covered entities: All domestic and foreign corporations, excluding entities required to submit SEC Form 52-AR and SEC Form 17-A.
- Original deadline: May 29, 2026
- Extended deadline: June 15, 2026
SEC Form 52‑AR, with AFS as attachment
- Covered entities: Brokers and dealers
- Original deadline: April 30, 2026
- Extended deadline: May 15, 2026
Annual Reports (SEC Form 17‑A), with AFS as attachment
- Covered entities:
- Issuers with securities listed on the Philippine Stock Exchange (PSE)
- Issuers with securities registered but not listed on the PSE
- Public companies
- Other entities covered under Section17.2 of the Securities Regulation Code (SRC)
- Original deadline: April 15, 2026
- Extended deadline: May 15, 2026
All covered corporations are reminded to ensure that their Audited Financial Statements (AFS) submitted to the Commission are duly received by the Bureau of Internal Revenue (BIR), in accordance with existing rules and regulations.
References
This Accounting Alert provides only a high‑level overview of the regulatory updates. For complete and authoritative guidance, readers are encouraged to review the full Notice issued by the Securities and Exchange Commission below.
To explore additional SEC Memorandum Circulars referenced in this alert or to access related regulatory issuances, you may also visit www.sec.gov.ph for more comprehensive guidance.
