Lobaton Gascon & Associates Co.

📢 𝗙𝗜𝗥𝗕 𝗔𝗱𝘃𝗶𝘀𝗼𝗿𝘆 𝗨𝗽𝗱𝗮𝘁𝗲

The Fiscal Incentives Review Board (FIRB) Secretariat has issued 𝗙𝗜𝗥𝗕 𝗔𝗱𝘃𝗶𝘀𝗼𝗿𝘆 𝟬𝟬𝟳-𝟮𝟬𝟮𝟲, extending the deadlines for submitting the 𝗔𝗻𝗻𝘂𝗮𝗹 𝗧𝗮𝘅 𝗜𝗻𝗰𝗲𝗻𝘁𝗶𝘃𝗲𝘀 𝗥𝗲𝗽𝗼𝗿𝘁 (𝗔𝗧𝗜𝗥) and the 𝗔𝗻𝗻𝘂𝗮𝗹 𝗕𝗲𝗻𝗲𝗳𝗶𝘁𝘀 𝗥𝗲𝗽𝗼𝗿𝘁 (𝗔𝗕𝗥) for taxable year 2025 in line with Bureau of Internal Revenue Memorandum Circular (RMC) No. 030-2026 extending the deadline for the filing of 2025 Annual Income Tax Returns (ITRs) and payment of corresponding taxes.

If you are a Registered Business Enterprise (RBE) or a relevant entity, please take note of the updated timelines to ensure compliance. ✅

📌 𝗨𝗽𝗱𝗮𝘁𝗲𝗱 𝗗𝗲𝗮𝗱𝗹𝗶𝗻𝗲𝘀:
ATIR and ABR (Calendar Year): 𝗝𝘂𝗻𝗲 𝟭𝟱, 𝟮𝟬𝟮𝟲
ABR – Employment and Compensation Data (Fiscal Year): 𝗝𝘂𝗻𝗲 𝟭𝟱, 𝟮𝟬𝟮𝟲
Consolidated ATIR and ABR (IPAs & CDA):𝗝𝘂𝗹𝘆 𝟭𝟱, 𝟮𝟬𝟮𝟲

Link: https://firb.gov.ph/download/firb-advisory-no-007-2026/

📩 For inquiries, please email [email protected] or call (+632) 5317-6363 local 6652.

President Ferdinand Marcos Jr. has issued Executive Order No. 113, promulgating the 13th Regular Foreign Investment Negative List.

📣 𝗡𝗢𝗧𝗜𝗖𝗘: 𝗘𝘅𝘁𝗲𝗻𝘀𝗶𝗼𝗻 𝗼𝗳 𝘁𝗵𝗲 𝗗𝗲𝗮𝗱𝗹𝗶𝗻𝗲 𝗳𝗼𝗿 𝗙𝗶𝗹𝗶𝗻𝗴 𝗼𝗳 𝟮𝟬𝟮𝟱 𝗔𝗻𝗻𝘂𝗮𝗹 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁𝘀 (𝗔𝗙𝗦)

The filing deadline for the 2025 Annual Financial Statements (AFS) and related reportorial requirements has been 𝗘𝗫𝗧𝗘𝗡𝗗𝗘𝗗. This follows the issuance of Revenue Memorandum Circular No. 30-2026 by the Bureau of Internal Revenue (BIR).

🗓️ Revised Deadlines:
• Annual Financial Statements of All Corporations: 𝗝𝘂𝗻𝗲 𝟭𝟱, 𝟮𝟬𝟮𝟲
• SEC Form 52-AR of Brokers & Dealers: 𝗠𝗮𝘆 𝟭𝟱, 𝟮𝟬𝟮𝟲
• Annual Reports (SEC Form 17-A) with AFS as attachment: 𝗠𝗮𝘆 𝟭𝟱, 𝟮𝟬𝟮𝟲

All corporations are reminded to ensure that submitted AFS are duly received by the BIR.

Read the full notice here: https://www.sec.gov.ph/notices-2026/extension-of-the-deadline-for-filing-of-2025-annual-financial-statements-afs/

📢 LGAC will be closed on the following dates:

• April 02 (Thursday) - Maundy Thursday
• April 03 (Friday) - Good Friday
• April 09 (Thursday) - Araw ng Kagitingan
• April 16 (Thursday) - Employees' Rest Day
• April 17 (Friday) - Employees' Rest Day

Our page, Facebook Messenger (Lobaton Gascon), emails and admin mobile number (09078003491) will remain active during the above dates.

Thank you.

RMC No. 030-2026

Extension of Deadline for the filing of 2025 Annual Income Tax Returns and Payment of the Corresponding Taxes Due thereon including submission of required attachments.

Extended from April 15, 2026 up to May 15, 2025

Pinalawig natin ang deadline ng filing ng 2025 Annual Income Tax Returns mula April 15 hanggang May 15, 2026. Mas may oras ang bawat taxpayer na makapag-file nang maayos, kasama ang lahat ng kailangang dokumento, at walang ipapataw na penalties.

Maaaring mag-file at magbayad sa pamamagitan ng BIR electronic platforms, o sa mga Authorized Agent Banks.

Ginawa natin ito para mas magaan ang pagbabayad ng bawat Pilipino, lalo na sa panahong ramdam ang pagtaas ng presyo ng langis. Tuloy-tuloy ang ating ginagawa para maibsan ang bigat sa araw-araw na buhay ng ating mga kababayan.

Ref: RDO 104

📣 𝗦𝗘𝗖 𝗳𝘂𝗿𝘁𝗵𝗲𝗿 𝗲𝘅𝘁𝗲𝗻𝗱𝘀 𝗿𝗲𝗴𝗶𝘀𝘁𝗿𝗮𝘁𝗶𝗼𝗻 𝗳𝗲𝗲 𝗱𝗶𝘀𝗰𝗼𝘂𝗻𝘁𝘀 𝗳𝗼𝗿 𝗠𝗦𝗠𝗘𝘀

The Securities and Exchange Commission (SEC) extended anew the period for availing of discounts by micro, small and medium enterprises (MSMEs) seeking to incorporate their businesses.

The Commission on March 26 issued SEC Memorandum Circular No. 13, Series of 2026, aimed at Further Supporting the Growth and Expansion of MSMEs by Extending Discounted Rates for Certain Filing Fees.

The memorandum circular extends the effectivity of the 20 percent discount given to MSMEs for their corporate registration until December 31.

The reduced rates, which have been in place since July 16, 2025, have resulted in P54.77 million in savings for MSMEs registering with the Commission as of March 26, 2026.

“As the backbone of the Philippine economy, MSMEs deserve every opportunity to grow and thrive. The savings already realized by our entrepreneurs since July represent the businesses that now have legal standing to access credit, grow their operations, and contribute more robustly to our economy,” SEC Chairperson Francis Lim said.

“By extending these discounted rates through the end of 2026, we are reaffirming our commitment to the accessibility and affordability of doing business in the Philippines,” he added.

Meanwhile, the 50 percent discount for the registration of securities of MSMEs remains in effect until June 30. The lower fees also cover securities being registered through the Commission’s streamlined processes for power generation and distribution utility companies, real estate developers and/or managers in relation to rental pool deals, agri-business firms, and hospitals.

Read the full press release here: https://www.sec.gov.ph/pr-2026/sec-further-extends-registration-fee-discounts-for-msmes/

Read the full memorandum circular here: https://www.sec.gov.ph/mc-2026/sec-mc-no-13-series-of-2026/