June 16, 2014
Tax notes: SEC’s new guidelines on use of corporate and partnership names
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THE Philippine Securities and Exchange Commission (SEC) issued Memorandum Circular 21 (Series of 2013) last Dec. 4, 2013, which provides Omnibus Guidelines and Procedures on the Use of Corporate and Partnership Names. Included in the guidelines are the following:
(1) The corporate name shall contain the word “Corporation” or “Incorporated,” or the abbreviations “Corp.” or “Inc.”, respectively.
Source: Cebu | Sun.Star Online http://ift.tt/14IcC3V
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