MANILA — The Securities and Exchange Commission (SEC) has extended the deadline for the filing of annual financial statements (AFS) for fiscal year ending December 31, 2025, moving it to June 15, 2026, following the Bureau of Internal Revenue’s (BIR) adjustment of tax filing schedules.

The original deadline for AFS submission was May 29, while the annual income tax return (ITR) filing deadline was previously set on April 15 but has since been extended to May 15.

In a statement, the SEC said the extension is in line with SEC Memorandum Circular No. 9, series of 2026, which updates the rules on AFS and general information sheet submissions.

“Financial statements submitted to the commission must first be stamped ‘received’ or duly received by the BIR,” the SEC said.

The revised deadline applies to all corporations, including branch offices, representative offices, regional headquarters, and regional operating headquarters of foreign firms with fiscal years ending December 31, as well as entities under SEC extension offices.

However, the SEC said different timelines apply for certain regulated entities. Brokers and dealers must now file SEC Form 52-AR, with AFS attachments, by May 15 instead of April 30.

Issuers of securities listed on the Philippine Stock Exchange (PSE), companies with unlisted securities, public companies, and firms covered under Section 17.2 of Republic Act No. 8799 or the Securities Regulation Code are also required to submit annual reports with AFS attachments by May 15.

SEC Chairperson Francis Lim said the adjustment aims to help regulated entities comply more effectively with reporting requirements.

“Beyond the alignment, we want to provide corporations ample time to finalize their reports and ensure the accuracy and completeness of information provided in their financial statements,” Lim said.