News & Updates

News and Updates

BIR Issues Guidelines on Filing of 2019 Income Tax Returns and Submission of Required Attachments

The Bureau of Internal Revenue (“BIR”) issued on 17 March 2020 Revenue Memorandum Circular No. 25, series of 2020 (“RMC No. 25-2020”), announcing that it will not extend the deadline…

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Supreme Court constitutes Task Force to manage Covid-19

So that the Judiciary may manage the rising cases of Covid-19 infection, the Supreme Court, on 13 March 2020, constituted a Task Force, through Memorandum Order 26-2020, “Creating a Task…

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SEC Issues Guidelines on Preventive Measures Against COVID-19 in the Handling of Records

The Securities and Exchange Commission (“SEC”) issued Memorandum Circular No. 7, Series of 2020, which took effect on 16 March 2020,  advising the public of the adoption of the following…

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SEC Issues Guidelines on Attendance and Participation in Meetings through Teleconferencing, Video Conferencing and Other Remote or Electronic Means of Communication

The Securities and Exchange Commission issued Memorandum Circular No. 6, Series of 2020, otherwise known as the “Guidelines on the Attendance and Participation of Directors, Trustees, Stockholders, Members, and Other…

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Supreme Court constitutes Task Force to manage Covid-19

So that the Judiciary may manage the rising cases of Covid-19 infection, the Supreme Court, on 13 March 2020, constituted a Task Force, through Memorandum Order 26-2020, “Creating a Task…

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Supreme Court issues guidelines on reduced court operations

In order to abate the spread of Covid-19 cases across the country, the Supreme Court, on 16 March 2020, issued Administrative Circular No. 31-2020 (hereafter “A.C. 31-2020”), ordering the drastic…

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Department of Labor and Employment Issues Advisories on the Implementation of Flexible Work Arrangement as a Remedial Measure Due to the Ongoing Outbreak of the Coronavirus Disease 2019 (COVID-19)

In view of the ongoing outbreak of COVID-19 worldwide and its impact on the business and economy of the Philippines, the Department of Labor and Employment (“DOLE”) issued on 04…

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IPOPHL issues Memorandum Circular No. 2020-006 suspending work and deadlines to mitigate COVID-19 virus spread

The Philippine Intellectual Property Office issued on 16 March 2020 Memorandum Circular No. 2020-006: (1) suspending work (adopting a work from home arrangement) from 16 March 2020 until 14 April…

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DTI Issues Revised Rules of Mediation and Adjudication

The Department of Trade and Industry (“DTI”) issued on 7 February 2020 Department Administrative Order (“DAO”) No 02, Series of 2020, otherwise known as the “Revised Rules of Mediation and…

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IPO Issues Revised Rules and Regulations on Voluntary Licensing

The Intellectual Property Office of the Philippines (“IPOPHL”) has issued IPOPHL Memorandum Circular No. 2020-002 providing for the Revised Rules and Regulations on Voluntary Licensing (“Revised Rules”). The salient provisions…

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