Accelerating its commitment to digital transformation and bureaucratic efficiency, the Securities and Exchange Commission (SEC) has officially issued Memorandum Circular No. 3, Series of 2026. The circular introduces updated guidelines for processing amendment applications via the eAMEND Portal, aligning the Commission’s operations with the mandate of Republic Act No. 11032, also known as the Ease of Doing Business and Efficient Government Service Delivery Act of 2018.
The eAMEND Portal serves as the primary gateway for corporations seeking to update their Articles of Incorporation or Bylaws. The new guidelines are designed to eliminate bottlenecks in the manual verification process, providing a more predictable and transparent timeline for Philippine businesses.
By digitizing the end-to-end workflow—from submission to the issuance of the Certificate of Filing of Amended Articles—the SEC aims to reduce face-to-face transactions and expedite the approval of corporate changes such as increases in capital stock, changes in corporate name, or shifts in business purpose.
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Enhanced Efficiency: Automates preliminary validation of applications to ensure that only complete and compliant documents enter the review queue.
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Regulatory Consistency: Establishes standardized protocols for SEC evaluators, ensuring that all applications are treated with a uniform set of criteria.
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Timely Compliance: Supports corporations in meeting statutory deadlines by providing real-time tracking and automated notifications regarding application status.
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Policy Alignment: Strictly adheres to the “Zero-Contact Policy” and the prescribed processing times mandated by the Ease of Doing Business Act.
“The issuance of Memorandum Circular No. 3 is a pivotal step in our ongoing mission to foster a pro-business environment in the Philippines,” the Commission stated. “By refining the eAMEND Portal guidelines, we are not just upgrading a system; we are ensuring that the SEC remains an enabler of corporate growth and a partner in national economic development.”
The updated guidelines take effect immediately. Corporations and practitioners are encouraged to visit the official SEC website to access the full text of the circular and instructional materials for the eAMEND Portal.
