Mendoza and Francisco Law

23/01/2026

Effective January 30, 2026, the SEC is implementing the new Beneficial Ownership Disclosure Rules. The BO Declaration is no longer part of the GIS and must now be filed through the HARBOR system.

Ensure your corporate filings are compliant with the new guidelines to avoid penalties.

Link to forms: bit.ly/2026GISForms

10/10/2025

Good news para sa mga negosyo!

Upang mas mapadali ang business registration process, inilabas ng BIR ang Revenue Memorandum Circular (RMC) No. 91-2025 na pinapayagan ang pagtanggap ng Board Resolutions at Secretary’s Certificates na pirmado ng Assistant Corporate Secretaries bilang bahagi ng documentary requirements sa ilalim ng RMC No. 74-2025.

Nilinaw ng Circular na alinsunod sa Revised Corporation Code, ang Corporate Secretary ang opisyal na responsable sa integridad ng mga opisyal na records ng korporasyon.

Para mabawasan ang administrative burden, tatanggapin na rin ng BIR ang mga dokumentong pirmado ng Assistant Corporate Secretaries.

Layunin ng hakbang na ito na mas mapabilis at mas maging simple ang proseso ng pagrerehistro ng negosyo sa BIR.

Follow Commissioner Lumagui’s official accounts:
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26/07/2025

📣 𝗙𝘂𝗿𝘁𝗵𝗲𝗿 𝗦𝘁𝗿𝗲𝗮𝗺𝗹𝗶𝗻𝗶𝗻𝗴 𝘁𝗵𝗲 𝟰𝟱-𝗗𝗮𝘆 𝗥𝗲𝗴𝗶𝘀𝘁𝗿𝗮𝘁𝗶𝗼𝗻 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁 𝗥𝗲𝘃𝗶𝗲𝘄 𝗣𝗿𝗼𝗰𝗲𝘀𝘀 𝗨𝗻𝗱𝗲𝗿 𝘁𝗵𝗲 𝗠𝗮𝗿𝗸𝗲𝘁𝘀 𝗮𝗻𝗱 𝗦𝗲𝗰𝘂𝗿𝗶𝘁𝗶𝗲𝘀 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗶𝗼𝗻 𝗗𝗲𝗽𝗮𝗿𝘁𝗺𝗲𝗻𝘁 𝗼𝗳 𝘁𝗵𝗲 𝗦𝗲𝗰𝘂𝗿𝗶𝘁𝗶𝗲𝘀 𝗮𝗻𝗱 𝗘𝘅𝗰𝗵𝗮𝗻𝗴𝗲 𝗖𝗼𝗺𝗺𝗶𝘀𝘀𝗶𝗼𝗻, 𝗮𝗻𝗱 𝗣𝗿𝗼𝘃𝗶𝗱𝗶𝗻𝗴 𝗮 𝗗𝗶𝘀𝗰𝗼𝘂𝗻𝘁𝗲𝗱 𝗥𝗮𝘁𝗲 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗥𝗲𝗴𝗶𝘀𝘁𝗿𝗮𝘁𝗶𝗼𝗻 𝗙𝗲𝗲

The SEC has issued Memorandum Circular No. 9, Series of 2025, streamlining the 45-day registration statement review process under the MSRD and providing a 30% discount on assessed registration fees until December 31, 2025. The initiative aims to encourage more companies to tap the capital market through faster processing and reduced fees.

🔗Learn more: https://www.sec.gov.ph/mc-2025/sec-mc-no-09-series-of-2025/

16/06/2025

Mendoza and Francisco Law is looking for a Junior Associate to join our growing team.

If you are a new or young lawyer looking for a place where you can thrive, learn, and be mentored across diverse practice areas, we would love to hear from you.

📝 Requirements
• Philippine Bar Passer
• 0 to 2 years of experience in litigation or corporate law
• Strong writing and research skills
• Willingness to learn and work independently

📍 Location: Ortigas Center, Pasig City
📧 Send your CV to: [email protected]

01/02/2025

A NEW BEGINNING

Following the passing of our beloved Atty. Josef Acuña in 2023, we regrettably announce that Acuña Francisco and Mendoza Law can no longer legally continue. As our Articles of Partnership do not provide for the firm’s continuation in the event of a partner’s passing, the remaining partners had no choice but to dissolve the firm.

In light of this, we are pleased to introduce our new firm: Mendoza and Francisco Law. While our name has changed, our commitment to providing exceptional legal service remains the same.

We look forward to continuing to serve you under Mendoza and Francisco Law.

09/09/2024

📢 Important Update for Corporations 📢

For those who missed the amnesty program, the SEC has launched the Enhanced Compliance Incentive Plan (ECIP), offering non-compliant corporations a chance to restore their good standing at significantly reduced costs.

Key benefits include:
🔹 A fixed settlement fee of P20,000 for non-compliant corporations.
🔹 Suspended or revoked corporations may settle 50% of their assessed fines and pay a petition fee.

This program is available from September 2, 2024, to November 30, 2024. We encourage eligible entities to take advantage of this limited window to resolve outstanding compliance issues.

05/04/2024

Acuña Francisco and Mendoza Law extends heartfelt congratulations to Multinational Foundation, Inc. on its 50th anniversary! As a distinguished social welfare organization, your unwavering dedication to enhancing lives and fostering positive change has left an indelible mark on our community. Here's to five decades of compassion, empowerment, and meaningful impact. Cheers to many more years of uplifting those in need!

30/11/2023

Acuña† Francisco and Mendoza Law is thrilled to announce our successful representation of Alsons Consolidated Resources, Inc. (ACR) as transaction counsel in the registration of the 3rd Tranche of its Php3 Billion Commercial Paper Program. This marks a significant milestone in ACR's journey, and we are proud to have played a part in their continued success in the power sector.

Bilyonaryo Tomas Alcantara-led Alsons Consolidated Resources (ACR) raised P1.149 billion from the third tranche of its P3 billion commercial paper program, marking a significant milestone for the company's robust expansion in the power sector.

06/11/2023

📰 | 𝐏𝐑𝐄𝐒𝐒 𝐑𝐄𝐋𝐄𝐀𝐒𝐄: Final chance to avail of SEC amnesty program extended to end of 2023

The Securities and Exchange Commission (SEC) is giving non-compliant and suspended or revoked corporations a last chance to avail of lower fines and penalties with the final extension of amnesty applications until the end of 2023.

The Commission on November 3 issued SEC Memorandum Circular No. 20, Series of 2023, which extends the deadline for corporations to file their amnesty application and settle the amnesty fees to December 31.

The amnesty program provides corporations, which have incurred penalties for the late and non-filing of their General Information Sheet (GIS), Annual Financial Statements (AFS), and official contact details, a reduction on penalties for non-compliance with their reportorial requirements, as provided under Republic Act No. 11232, or the Revised Corporation Code (RCC).

Read more at https://tinyurl.com/338v25w4

29/09/2023

SEC extends Amnesty Program until November 6, 2023