How To Verify A Company If It Is SEC Philippines Registered?

12/10/2022

Before you invest and transact, much better to check and verify it first.

The very first rule before transacting or investing in a business or company is to check if it is registered and has sufficient and relevant papers and licenses to operate or offer an investment to the public.

Here in the Philippines, there are several government agencies that a business must be registered with, depending on the type of business. These agencies include among others the following: Department of Trade and Industry, Securities and Exchange Commission (SEC), Cooperative Development Authority (CDA), Local Government, Bureau of Internal Revenue (BIR), Social Security System (SSS), Department of Labor and Employment (DOLE), and Other Agencies.

But for now, what we will discuss is registration with the Securities And Exchange Commission (SEC).

What is the role of SEC Philippines?

The Securities and Exchange Commission (SEC) is the national government regulatory agency charged with supervision over the corporate sector, the capital market participants, and the securities and investment instruments market, and the protection of the investing public.

SEC Philippines is the registrar and overseer of the Philippine corporate sector; it supervises more than 600,000 active corporations and evaluates the financial statements (FS) filed by all corporations registered with it. SEC also develops and regulates the capital market, a crucial component of the Philippine financial system and economy.

So how can I verify with the SEC if a company is registered with them and can offer investment to the public?

There are two ways you can verify a company with the SEC before you transact with it. Here are the following:

1. The first way is to go to their office located at this address:

The SEC Headquarters
7907 Makati Avenue, Salcedo Village, Barangay Bel-Air, Makati City, 1209

2. The second way is online.

Through SEC Express System

For the Primary SEC Registration

A Primary SEC Registration only grants juridical personality, hence a general license to operate the business under the Corporation Code of the Philippines.

The SEC Express System is an alternative mode of securing copies of Corporate or Partnership documents without having to personally come to the SEC office. The public may access the SEC Express System when requesting both plain and authenticated copies of the following documents on file with the SEC:

Articles of Incorporation/Partnership (original and amended)
By-laws (original and amended)
General Information Sheet (GIS)
Application for Increase/Decrease of Capital Stock
Resolution (Minutes)
Secretary`s Certificate
Board Resolution
Registration Data Sheet
Other company-related documents

Considering that the SEC Express System is an independent third-party service, the provider will charge additional service and courier fees for the Online Application and Call Center Facility.

Website: https://secexpress.ph/application-form

Through Capital Market Participants Registry System

For the Secondary SEC Registration

A Secondary SEC Registration or Secondary License is a legal grant to corporations and partnerships to undertake and engage in business activities such as lending, selling of securities and investment contracts, and investment.

Capital Market Participants Registry System will let the public check and verify the type of secondary license and certificate of registration that the company has online. Take note, not only companies but the public may also check the Registered Capital Market Participants.

Website: http://cmprs.sec.gov.ph/

Now you know, so before you transact or invest in an investment offered by a company, it is good to check first if it really has the right to offer to the public.

23 Comments

Ma cristina rosal

1/10/2023 01:48:01 am

Hi poh ask k lng poh if legit online lending app ang moca moca

Mellygrace lumingis

4/18/2023 08:33:46 pm

Hello po,ask ko po kung legit ba ang Rising Era Dynasty(RED)

Ralph link

4/18/2023 09:07:54 pm

Hi Melly Grace, maaari mong basahin ang SEC Advisory para sa Rising Era Dynasty (RED):

https://www.sec.gov.ph/wp-content/uploads/2020/05/2020Advisory_RISING-ERA-DYNASTY-RED-INC.pdf

Glydel

5/10/2023 06:39:30 pm

ask ko lang po sana if legit po ang Moneywell Lending Corporation po?

5/11/2023 08:32:17 am

Hello Glydel, you may check it via SEC. Please check this link from the SEC Philippines Website:

https://www.sec.gov.ph/wp-content/uploads/2022/05/2022List-of-LC_0331.pdf

Anne Cadag link

5/15/2023 01:20:42 am

Hi po I would like to ask if legit po ang pagyari-online. com, E-commerce platform in the Philippines.

Thank you po.

5/16/2023 10:36:56 pm

Good Day!

Hi Anne, upon checking with SEC Online, there's no record. Also, upon searching, it is suspected as scam by Scam Watcher, you may visit this link: https://www.scamwatcher.com/scam/view/643561

You may also visit SEC Philippines office to verify your concern. Thank you!

Via link

5/18/2023 05:30:56 pm

Please help me to verify this company. I was offered a job in this company and given me a copy of their Certificate of Incorporation(COI) and business permit. I tried to verify it in SEC's website by searching the name but there's no record. For further verification, I tried to search the SEC Registration number included in their COI and surprised to found a different company. I find it sketchy. Thanks!

Company Name: The Next Step Events, Inc.

5/18/2023 11:05:00 pm

Hello Via, you may have already answered your question because their company name must match the SEC Registration Number. If they changed their company name, their record must be updated, right? The only advice I can give you is that if you have time, visit the SEC office so you can confirm with them.

5/21/2023 12:06:53 am

Hi ask ko lang po if legit ang GEN-Z Agriventures. Gusto ko po sana mag invest doon. Kaso I want to check legalities ng company.

5/21/2023 08:31:24 am

Hello Jo, upon searching "GEN-Z Agriventures" via https://secexpress.ph/application-form ang lumabas po na record ay ang mga sumusunod:

SEC Registration Number: 2023020087357-30
Company Name: GEN-Z AGRIVENTURES INC.

Upon searching din po for the Secondary SEC Registration via http://cmprs.sec.gov.ph/ ay wala pong lumabas na kahit anong record.

The only advice I can give you is that if you have time, visit the SEC office so you can confirm with them.

LEI

5/23/2023 12:59:30 am

Ask ko lang po kung legit yung company name na Leapgen Lending Inc. hindi ko po kasi ma-open yung website. maraming salamat po

5/23/2023 09:53:36 pm

Hello Lei! Upon searching "Leapgen Lending Inc." via https://secexpress.ph/application-form ang lumabas po na record ay ang mga sumusunod:

SEC Registration Number: CS201915717
Company Name: Leapgen Lending Inc. Doing business under the names and styles of LoanAlley, and PesoHaus

I suggest, visit the SEC office so you can confirm with them.

Jfs

5/24/2023 10:09:49 pm

Hi check ko lang po ang Wootmaster MENU if legal po?

Any suggestions ninyo na pwede pang icheck sa company if gusto mag invest? Thanks

5/24/2023 10:22:46 pm

Hello JFS, upon searching "Wootmaster MENU" via https://secexpress.ph/application-form and for the Secondary SEC Registration via http://cmprs.sec.gov.ph/ ay wala pong lumabas na kahit anong record.

I suggest, visit the SEC office so you can confirm with them.

Leizel

5/25/2023 10:22:34 pm

Hi, ask ko lang po if legit po ba ang franchise ng Mrs Pandesalan under MROS Food Solutions Inc.?

Salamat po!

5/26/2023 06:46:40 am

Hello Leizel! Upon searching "MROS Food Solutions" via https://secexpress.ph/application-form ang lumabas po na record ay ang mga sumusunod:

SEC Registration Number: CS201915643
Company Name: MROS Food Solutions

Upon searching, I found out na base po sa website (https://www.mrspandesalan.com/), ang Mrs Pandesalan ay owned and managed by MROS Food Solutions Inc.

I suggest, visit the SEC office so you can confirm with them.

Leland Cataga

5/28/2023 08:24:49 pm

hi. Ask ko lang po kung legit ang R I Finacing Inc. Humihingi po sila ng 10% show money bago irelease ang loan.

5/29/2023 09:51:18 pm

Hello Leland, upon searching "R I Finacing Inc." via https://secexpress.ph/application-form and for the Secondary SEC Registration via http://cmprs.sec.gov.ph/ ay wala pong lumabas na kahit anong record.

Maaari niyo din pong tignan ang LIST OF LENDING COMPANIES WITH CERTIFICATE OF AUTHORITY (March 31, 2022) sa link na ito mula sa SEC Philippines:

https://www.sec.gov.ph/wp-content/uploads/2022/05/2022List-of-LC_0331.pdf

I suggest din po to visit the SEC office so you can confirm with them.

Bryan

5/29/2023 04:58:28 am

Hello po.
Ask ko lang sana kung legit ang CROSSWORLD FREIGHTERS LTD. PHILIPPINES.
Napakarami na kasing sumasali dito sa amin.
Ang pagbibigay nila ng income ay thru gcash.
Thanks.

5/29/2023 09:10:04 pm

Hello Bryan, upon searching "CROSSWORLD FREIGHTERS LTD. PHILIPPINES" via https://secexpress.ph/application-form and for the Secondary SEC Registration via http://cmprs.sec.gov.ph/ ay wala pong lumabas na kahit anong record.

I suggest, visit the SEC office so you can confirm with them.

RAFFY LIWAN

6/4/2023 08:40:09 pm

Good Morning Ma'am/Sir, I just want to ask if MUVET INFORMATION TECHNOLOGY SOLUTIONS is registered or legit company?

Looking forward for your kind response for these concern.

Thank you

6/4/2023 10:30:31 pm

Hello Raffy, upon searching "MUVET INFORMATION TECHNOLOGY SOLUTIONS" via https://secexpress.ph/application-form and for the Secondary SEC Registration via http://cmprs.sec.gov.ph/ ay wala pong lumabas na kahit anong record.

I suggest, visit the SEC office so you can confirm with them.