Overview
SEC Extends Deadline for Annual, Quarterly Reports for companies affected by COVID-19
Filing guidelines are listed below:
- Affected corporations with domestic operations only may file until 30 June their annual reports (SEC Form 17-A) and/or annual financial statements for the period ended 31 December 2019.
- Companies with domestic and foreign operations, the filing period is extended until 30 June or 60 days from the date of lifting of travel restrictions by concerned government authorities, whichever comes later.
- The filing period for the quarterly reports (SE Form 17-Q) of publicly listed companies and registered issuers of securities for 2020 will accordingly adjust.
- Corporations whose preparation of financial statements or completion of statutory audits are not affected by the COVID-19 outbreak are required to file their annual reports and/or annual financial statements for the year ended 31 December 2019 within the periods prescribed under existing rules and regulations.