Stock Dividend Declaration

What this is For:

Stock Dividend Declaration

Other Documentary Requirements:

1. Certification under oath by the corporate secretary on the declaration of stock dividends by majority of the directors and the stockholders representing at least 2/3 of the outstanding capital stock

2. Audited financial statements as of the last fiscal year stamped received by BIR and SEC

3. Audited financial statements used as the basis for such declaration duly stamped received by BIR and SEC ( to be submitted also if the basis is other than item no. 2 )

4. List of stockholders with their respective subscribed capital stock as of the date of meeting approving the declaration certified by the corporate secretary together with the allocation of the stock dividend

5. Analysis of Capital Structure signed under oath by the treasurer

6. Company Data Maintenance Form