SyCipLaw Bulletin # 7: SEC, BSP, IPO, PEZA, ARTA, IC, PCC Issuances Relating to the COVID-19 Pandemic

A. On March 20, 2020, the Securities and Exchange Commission (SEC) set out guidelines on the submission of the GIS, audited financial statements (AFS), and all other general and special forms and letter (Submitted Documents) via electronic mail (email) during…

SyCipLaw Bulletin # 6: Philippine President signs Bayanihan To Heal as One Act. Cebu City and Davao City placed under Community Quarantine

A. On March 24, 2020, the President signed the Bayanihan To Heal As One Act (the Bayanihan Act). The Bayanihan Act declares “a state of national emergency over the entire country” and to address this, Section 4 of the act…

SyCipLaw Bulletin # 5: Labor, Immigration, and Ports Authority Released Issuances Relating to the COVID-19 Pandemic

A. National Labor Relations Commission (NLRC) Temporarily Suspends Work The NLRC issued NLRC COVID-19 Advisory No. 5 dated March 17, 2020 [1]which provides that during the effectivity of the enhanced community quarantine (ECQ) over Luzon from (March 17, 2020 to 12 midnight of April…

SyCipLaw Bulletin # 4: IATF releases additional guidelines for the implementation of the Enhanced Community Quarantine in Luzon; Supreme Court orders physical closure of all courts nationwide

A. IATF releases additional guidelines for the implementation of the Enhanced Community Quarantine in Luzon from March 17 to 12 midnight of April 131. The Inter-Agency Task Force for the Management of Emerging Infectious Disease (IATF) issued Resolution No. 14 on…

SyCipLaw Bulletin # 3: Bureau of Internal Revenue (BIR) Extends Deadlines for the Payment of Various Taxes and Filings and Securities and Exchange Commission (SEC) Allows the Filing of General Information Sheets (GIS) via Email

A. Bureau of Internal Revenue (BIR) Extends Deadlines for the Payment of Various Taxes and for the Filing of Annual Income Tax Returns (AITR), Value-Added Tax (VAT) Refund Applications and Various Other Tax Returns To recall, on March 16, 2020, the Commissioner…

SyCipLaw Bulletin # 2: Philippine Government Declares an Enhanced Community Quarantine over Luzon from March 17, 2020 to April 12, 2020

A. Philippine Government Declares an Enhanced Community Quarantine over Luzon from March 17, 2020 to April 12, 2020The Philippine President issued Proclamation No. 929 (Declaring a State of Calamity Throughout the Philippines Due to Corona Virus Disease 2019) dated March 16[1] which…

SyCipLaw Bulletin # 1: Philippine Government Declares Community Quarantine over Metro Manila from March 15 to April 14

A. Philippine Government Declares Community Quarantine over Metro Manila from March 15 to April 14 On March 12, 2020, the Philippine Government’s Inter-Agency Task Force for the Management of Emerging Infectious Disease (IATF-EID )  issued Resolution No. 11, s. 2020, which --1.…