TīmeklisInvestment Company Act (RA 2629) Financing Company Act (RA 5980 as amended by RA 8556) Credit Information System Act (RA 950) Following the Section 5 of the Securities Regulation Code, the major functions of SEC include the following: Approve, reject, suspend or revoke registration license applications; TīmeklisLicensing Fees 1. Initial Application Fees shall be paid to SEC at the time of filing of application a) Head Office A fee of 1/10 of 1% of the paid-up capital of the lending company shall be paid for the issuance of a Certificate of Authority to Operate as a Lending Company. b) Branch, extension office, unit or satellite office A fee of 1/10 of ...
Section 179 DST PDF Debt Promissory Note - Scribd
TīmeklisRA 5980 - Free download as Word Doc (.doc / .docx), PDF File (.pdf), Text File (.txt) or read online for free. Scribd is the world's largest social reading and publishing site. … TīmeklisFinancing companies duly existing and in operation before the effectivity of R.A. 8556 shall comply with the minimum capital requirement within one (1) year from the date … spawn diamonds command bedwars
RA 7042 Foreign Investment Act PDF Business Exports - Scribd
TīmeklisRA 5980 - Free download as Word Doc (.doc / .docx), PDF File (.pdf), Text File (.txt) or read online for free. Scribd is the world's largest social reading and publishing site. Ra 5980. Uploaded by Annemargarettejustine Cruz. 0 ratings 0% found this document useful (0 votes) 11 views. TīmeklisUnder the regulation, companies registered under RA 5980, such as BLC, are not liable for contractor’s percentage tax, instead they are subject to gross receipts tax under the NIRC. Since BLC had already paid the contractor’s percentage tax, it re-computed its tax liabilities under the gross receipts tax and found that it is only liable for ... TīmeklisSection 1. This Act shall be known as the "Financing Company Act." Section 2. Declaration of Policy. It is hereby declared to be the policy of the State to regulate … spawn demon hand