The Securities and Exchange Commission (SEC) has approved an additional 25% discount on company document requests under Memorandum Circular (MC) No. 18, Series of 2026, marking another major round of fee reductions. The new, cheaper rates are set to take effect on June 1.
This latest adjustment builds upon a massive 50% fee cut introduced in 2025 through MC No. 6, which drastically lowered the baseline rates originally established in 2023.
SEC Chairperson Francis Lim stated that the decision reflects the commission’s ongoing commitment to slashing administrative costs and enhancing access to corporate data through digitalization and regulatory efficiency.
“This additional 25 percent reduction builds on the 50 percent cut we implemented in 2025 as part of our continuing effort to ease the burden on stakeholders and improve the ease of doing business,” Lim said.
Under the newly revised schedule, the cost of physical and authenticated copies of core corporate filings—such as articles of incorporation, bylaws, general information sheets, capital stock increases, and board resolutions—will drop to ₱750 each, down from ₱1,000.
For other document types, authenticated physical copies will now cost ₱35 per page instead of ₱50. Unauthenticated plain copies will see a price drop to ₱565 per document from the previous ₱750, while other plain physical documents will be priced at ₱20 per page, down from ₱25.
Stakeholders opting for digital requests via the Electronic SEC Education, Analysis, and Research Computing Hub (eSEARCH) will also enjoy lower rates.
Authenticated digital copies will cost ₱470, down from ₱625, while plain digital copies are being reduced to ₱280 from ₱375.
Meanwhile, pricing for the SEC API Marketplace—which facilitates direct data integration between software applications—remains unchanged. It stays at ₱10,000 for 100 API calls and ₱50,000 for 1,000 calls.