PUBLISHED: March 6, 2023 Financial statements are written instruments that convey the business’ activities and their financial performance in a given time-frame. These Financial statements are audited by different government agencies, accountants, firms, and the like to ensure accuracy and correction that will then be used for filing tax, apply financing, and/or investing purposes. Preparations of such documents can be a challenge for some that is why the Securities and Exchange Commission published a new deadline for Filing of Annual Financial Statements 2023.
New deadline for the Filing of Annual Financial Statements 2023
In the recently published SEC Memorandum Circular, the SEC addressed all corporations – including all its branches – representative offices, regional headquarters and regional operation headquarters of foreign corporations, which calendar year ended last December 31, 2022 should file their annual financial statement through the SEC eFast (Electronic Filing and Submission Tool with the following deadlines:
| New Schedule for Filing of Annual Financial Statements 2023 | Last Digits of SEC Registration or License Number | Original Schedule for Submission |
| May 29, 30, 31, June 1, 2 | 1 and 2 | May 2, 3, 4, 5 |
| June 5, 6, 7, 8, 9 | 3 and 4 | May 8, 9, 10, 11, 12 |
| June 13, 14, 15, 16 | 5 and 6 | May 15, 16, 17, 18, 19 |
| June 19, 20, 21, 22, 23 | 7 and 8 | May 22, 23, 24, 25, 26 |
| June 26, 27, 28, 29, 30 | 9 and 0 | May 39, 30 21, June 1, 2 |
Filing of Annual Financial Statements 2023 Past Due Date
Late filing and submission for the first indicated schedule shall be accepted by June 3, 2023 and shall have penalties which will be computed based on the date of the last day of filing on the first schedule. Late Filing of Annual Financial Statements 2023 was also moved to June 3, 2023 instead of June 5, 2023
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