Quasi-Reorganization

What this is For:

Quasi-Reorganization

Other Documentary Requirements:

1. Letter requesting approval to undergo quasi-reorganization

2. Certification under oath by the corporate secretary on the board resolution approving the quasi-reorganization

3. Appraisal report of the fixed assets ( real properties, permanently installed fixed assets and machineries and equipment directly needed and actually used in the business )

4. Schedules showing the details of the appraised properties

5. Latest audited financial statements of the corporation stamped received by BIR and SEC

6. Analysis of the revaluation increment

7. Projected financial statements for the next five (5) years