NARP LAW

Micro enterprises may now be exempt from submitting audited financial statements—but not all corporations qualify.

The SEC has raised the audit threshold to ₱3,000,000 under MC No. 4, Series of 2026 to ease regulatory burden and align with MSME policy.

📌 Proper classification matters.
📌 Non-compliance still carries penalties.

Read our full legal briefing and know where you stand:

https://narplaw.com/2026/01/29/micro-enterprises-are-now-exempt-from-submitting-financial-statements/

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Micro Enterprises Are Now Exempt From Submitting Financial Statements - NARP LAW | Law Firm in the Philippines | Lawyers in Metro Manila SEC Memorandum Circular No. 4 (2026) exempts micro enterprises from audited financial statements. Learn the new ₱3M audit threshold and SEC compliance rules.

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