In a major step toward full digital transformation and environmental sustainability, the Securities and Exchange Commission (SEC) is set to introduce paperless filing for specific corporate amendment applications.
The Commission released a draft memorandum circular on March 31, 2026, outlining the guidelines for this new digital process. The initiative aims to streamline regulatory workflows and reduce the carbon footprint of corporate compliance by eliminating the need for physical document submissions.
The proposed guidelines will supplement SEC Memorandum Circular No. 3, Series of 2024, and Series of 2026, which established the framework for the Electronic Application for Modification of Entity Data (eAMEND) portal.
While the SEC moves toward a “digital-first” approach, the paperless lane will remain optional. Corporations can choose between three processing tracks:
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Paperless Lane: Fully digital submission via the eAMEND portal.
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Simple/Regular Lanes: Traditional processing requiring the submission of physical hard copies.
The new paperless option applies to specific modifications within a corporation’s Articles of Incorporation (AOI) and By-Laws.
Covered Amendments Include:
| Document Type | Specific Modifications Covered |
| Articles of Incorporation | Prefatory Clause, Principal Office Address, Term of Existence, Board of Directors/Trustees size, and Fiscal Year (for One Person Corporations). |
| By-Laws | Date of Annual Meeting of Stockholders/Members and Fiscal Year. |
By providing a 100% digital route for these routine updates, the SEC is making it easier for businesses to remain compliant while supporting the government’s broader Ease of Doing Business initiative.
“This move further advances the Commission’s digital transformation and sustainability push, ensuring that regulatory efficiency goes hand-in-hand with environmental responsibility.”
The draft memorandum circular is currently available for public comment as the Commission prepares for its formal implementation.
