Confirmation of Valuation

What this is For:

Confirmation of Valuation

Other Documentary Requirements:

1. SEC Form 10-1 SECForm 10-1/letter request confirming the valuation

2. Certification under oath by the corporate secretary on the board resolution approving the additional issuance of shares of stock

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

4. List of stockholders with their nationalities, amount subscribed and paid up, and the subscribers to the new shares certified under oath by the corporate secretary

Note: For additional requirements, refer to the additional requirements for Increase of Authorized Capital Stock depending on kind of payment.