The form below is designed to be quick and easy to fill out and will generate a GIS Excel file to submit to the SEC eFAST website
The General Information Sheet (GIS) is a document required annually by the Securities and Exchange Commission (SEC) in the Philippines. It serves several purposes:
- Corporate Information Update: The GIS provides the SEC with up-to-date information about a company's corporate structure, including its directors, officers, and stockholders. This ensures that the SEC has accurate records of the companies operating in the country.
- Compliance and Transparency: It helps ensure that companies comply with the regulatory requirements set by the SEC. By submitting the GIS annually, companies show that they are transparent in their operations and in their corporate governance.
- Public Record: The GIS serves as a public record, making company information available for public scrutiny. This helps promote transparency in the corporate sector, making it easier for stakeholders, including investors, partners, and the general public, to access essential details about companies.
- Monitoring Corporate Changes: The GIS helps the SEC track any changes in a company's corporate structure, such as the appointment of new officers or changes in ownership. This monitoring is crucial for maintaining accurate and current corporate records.
In summary, the GIS is an essential tool for corporate governance, transparency, and regulatory compliance in the Philippines.
Please fill out the GIS form below and click the submit button to download the prefilled GIS Excel file.
The amount of capital that shareholders have agreed to buy or subscribed to. It refers to how much the company has already sold in shares. Subscribed capital can be less than or equal to authorized capital, but not more.
Example:
If a company has authorized capital of $1,000,000 but shareholders have committed to buying shares worth $500,000, the subscribed capital is $500,000.
When you register a company, you typically declare an authorized capital, which is the total amount of shares the company is allowed to issue. However, subscribed capital refers to the portion of that authorized capital that shareholders have actually committed to buying.
So, at the time of registration, the amount you set as "subscribed capital" is essentially the portion of the authorized capital that shareholders have agreed to invest in the company. It's common for the subscribed capital to be equal to the amount of money the company needs to get started.
To sum up:
At registration: You might set a certain amount of authorized capital (say $100,000), and the subscribed capital could be less than or equal to that (say $50,000, depending on how much investors have committed to buying).
The maximum amount of money a company can raise through the sale of shares. It’s like the "limit" or "cap" on how much the company is allowed to raise in total, according to its official documents. It can be changed with approval from shareholders.
Example:
If a company’s authorized capital is $1,000,000, it can never issue shares worth more than that amount, even if it doesn't sell the full amount.
The portion of the subscribed capital that shareholders have actually paid to the company. Not all shareholders may have fully paid for their shares, so the paid-up capital is typically lower than or equal to subscribed capital.
Example:
If shareholders agreed to buy $500,000 worth of shares (subscribed capital), but they have only paid $300,000 so far, then the paid-up capital is $300,000.
The printed Excel file must be signed and notarized by a public notary. If you are abroad, it should be signed by a Philippine Embassy or authenticated with an Apostille. This can in some cases be done remotely, for example by Phil Notary