SEC ZERO: Revolutionizing Philippine company registration

In line with Republic Act No. 11032 or the Ease of Doing Business and Efficient Government Service Delivery Act of 2018, the Securities and Exchange Commission (SEC) took another bold step in digital transformation with the launch of the SEC Zuper Easy Registration Online (SEC ZERO) on July 17, 2024, which was subsequently made mandatory under SEC Memorandum Circular No. 3, Series of 2025.

- AMICUS CURIAE SABRINA MARIE E. DE GUIA

This initiative makes company registration in the Philippines completely paperless, digital, and available 24/7. SEC ZERO is a game-changer in ease of doing business as it modernizes one of the most fundamental processes in corporate law.

SCOPE, FEATURES, PROCESS

SEC ZERO currently applies to all corporations, including domestic corporations, foreign corporations, and One Person Corporations. Other company types like financing and lending companies are currently covered under regular processing for incorporation but are expected to transition fully soon.

The core features of SEC ZERO include the use of an Electronic SEC Universal Registration Environment (eSECURE) account for all signatories and the online authentication of signatures through the SEC Electronic Submission Authentication Portal (eSAP). The incorporation process starts with each signatory creating a verified eSECURE account, then paying the verification fee online, submitting two government-issued IDs, and completing a live photo capture using the in-app camera.