Client Alert: SEC requires tax identification number for foreign investors

January 29, 2013

The Philippine Securities and Exchange Commission (SEC) issued Memorandum Circular No. 1, s. 2013 dated 7 January 2013, requiring the incorporation of the tax identification number (TIN) of foreign investors in all forms papers and documents filed with the SEC.

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This Client Alert was authored by partners Rolando V. Medalla Jr., Hector M. de Leon Jr. and Carina C. Laforteza.