Introducing the SEC Zuper Easy Registration Online (ZERO)

It has been a little over a year since I wrote an article about the guidelines of the Securities and Exchange Commission’s (SEC) eAMEND Portal.

- ALEXANDER M. QUERIDO, JR.

eAMEND, or the Electronic Application for Modification of Entity Data portal, is a user-friendly online filing and submission amendment portal that facilitates the acceptance, processing, approval for payment, and issuance of the digital copy of the Certificate of Amendment of a corporation. It basically cancels the manual completion and submission of hard copies of the application documents in cases in which an entity will need to amend its Articles of Incorporation (AoI) or By-laws (BL), among others.

In relation thereto, when I was an associate, I had the chance to complete the incorporation process of a subsidiary firsthand via eSPARC or the Electronic Simplified Processing of Application for Registration of Company. I entered the basic information required for the company I was setting up in the eSPARC portal, and then the SEC examiners reviewed the application. When everything was in order, the examiner approved the application and automatically issued a digital Aol, BL, and Certificate of Incorporation, all online. It greatly reduced the application and submission time compared to the “old-school” or traditional manual collation and submission of application documents. However, the manually signed Aol, BL, and other incorporation documents still had to be personally submitted to the SEC.