Question & AnswerQ&A (SEC CIRCULAR NO. 2, S. 1990)
The legal basis includes P.D. No. 902-A, as amended, Republic Act No. 1143, and B.P. No. 68 which vest powers in the SEC to set fees and charges.
The fee is 1/10 of 1% of the authorized capital stock, but not less than P200.
It is 1/10 of 1% of the authorized capital stock, taking each share as having a par value of P100 for the purpose of fixing the fee, but not less than P200.
For both stock corporations with and without par value, the fee is 1/10 of 1% of the authorized capital stock but not less than P200.
It is 1/10 of 1% of the increase in capital stock, but not less than P200, applicable to both corporations with and without par value.
The fee is 1/10 of 1% of the equity of the absorbed corporations used as the basis of the merger or consolidation, but not less than P1,000.
For branch offices, the fee is 1% of the actual inward remittance converted into Philippine currency, but not less than P500. For representative offices, the fee is 1/10 of 1% of the actual amount remitted converted into Philippine currency, but not less than P500.
The fee is 1/10 of 1% of the increase in price, but not less than P1,000.
Both fees are 1/10 of 1% of the partnership's capital or the increase in capital, respectively, but not less than P200.
For original listing, the fee is 1/10 of 1% of the aggregate value of shares to be listed but not less than P500; for additional listing, it is 1/10 of 1% of the additional shares to be listed but not less than P300.