Company registrations with the Securities and Exchange Commission hit a record high in 2022 following the launch of its digital services aimed at improving the ease of doing business in the Philippines.
“The digital transformation of the SEC was inspired by our vision for a company registration process that can be completed with ease and convenience, transactions that are safe and secure, and corporate data that are easily accessible,” SEC chairperson Emilio Aquino said. The total number of company registrations jumped by 67 percent in 2021, as the business sector gradually started to recover from the impact of the pandemic in 2020.
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