Guzman Acain SEC

SEC Covid19 Pandemic Issuances

June 13, 2020

The Securities and Exchange Commission has issued important Notices and Circulars amid the Covid19 pandemic. The Notices include Guidelines for the filing of the General Information Sheet (GIS) and Audited Financial Statements (AFS) after the community quarantine.

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Guzman Acain Pandemic Talks

Pandemic Talks: Airline Ticket Refunds in time of COVID19 pandemic

May 21, 2020

Some of you may have booked a ticket before the pandemic stroke. But like anybody else, you were not able to fly because the flights did not happen. Perhaps, you have asked for a ticket refund from the Airlines, but the Airlines were giving you so many excuses. Until now, you are still waiting for your ticket refund. Is the Airline legally justified in not doing you the ticket refunds right away? Let us discuss this.

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Announcement: Notary of US Documents

March 31, 2020

Please be informed that we have resumed the notarial services of documents for use in the United States. Due to the pandemic, the estimated processing time to complete the document will take longer than usual i.e. from notarization up to the issuance of Apostille by the Department of Foreign Affairs. Please see the FAQs on Notarial of the U.S. documents below for your guidance.

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Guzman Acain Latest COVID19 Update

March 24, 2020

         +639175002878 Email:  guzman.acain@guzmanacain.com  I  alex.acain@guzmanacain.com   Google Meetings or Skype if you want to schedule meetings online     

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Possible COVID19 scenario in PH if there is no Quarantine

March 23, 2020

COVID19 is spreading around the Philippines and the whole world as well. You may use the tool below to spread awareness of the true potential to cause a worldwide pandemic. Let us start with the Philippines with a total population of 108,116,615. Please share.

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Covid-19 Monitoring

March 22, 2020

In times of pandemics where mankind could be on the brink of extinction, information is vital for our survival so we have embedded in this post the WHO interactive map for tracking down the contagion. Please see below:

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Notary of Documents for use in the United States

May 15, 2019

May 14, 2019 was significant concerning the Philippine history because it was the day when the Philippines officially becomes a party to the Apostille Convention. This means that the Department of Foreign Affairs will no longer issue certificates of authentication (popularly known as “red ribbon”) for all Philippine documents to be used in a Country like the United States who is a member of the Apostille Convention.

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Only one person is required to form a corporation in the Philippines

January 30, 2019

The enrolled copies of Senate Bill No. 1280 and House Bill No. 8374 (An Act Amending the Corporation Code of the Philippines) were already submitted on January 28, 2019 to the Presidential Legislative Liason Office for signature of President Rodrigo Duterte. I am expecting that this new corporation code will be signed into law in the next few days.

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Updates on Doing Business in the Philippines

November 7, 2018

President Rodrigo R. Duterte recently signed Executive Order No. 65 promulgating the 11th Regular Foreign Investment Negative List (RFINL). Under EO No. 65, certain businesses where foreign investors are used to be forbidden to own completely are now allowed 100% foreign ownership in such businesses.

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