Circular No. 365 ALL CONCERNED AMENDED HDMF …

1 PuyatAve., : THEREGISTRATIONOFEMPLOYERSThisCircularis beingissuedto theregistrationof employers,pursuantto theInter-agencyMemorandumof Agreement(MOA)enteredintoby the HomeDevelopmentMutualFundby andamongthe SecuritiesandExchangeCommission(SEC),the SocialSecuritySystem(SSS),thePhilippineH ealthInsuranceCorporation(PhiIHealth)dat ed14 April2015to ensuretheimplementationof the Gamep/anfor Competitivenessandto improvethe rankingof thePhilippinesin theDoingBusinessSurvey(DBS)of InternationalFinanceCorporation-WorldBan k(IFC-WB).1. of HDMFC ircularNo. 275is AMENDED ,as follows:C. the startof businessoperations,employersmayopt to registerwith:a. Pag-IBIG branchthathas jurisdictionoverthe business;b.

2 Departmentof TradeandIndustryvia the PhilippineBusinessRegistryforsoleproprie torship;andc. SecuritiesandExchangeCommissionviatheInt egratedBusinessRegistrationSystem(IBRS), for employersregisteredwiththe Pag-IBIGFund,theyshallsubmitto the Fundall dataandinformationregardingtheirbusiness andemployeeswithinthirty(30)daysfromthe startof (30)daysfromthe startof caseof changein businessname,employersshallpresentthenew DTIR egistration/AmendedDTIR egistrationorSECA rticlesofIncorporation/AmendedArticlesof otheremployer-registrationtransactionsin itiatedby the Government,pursuantto All otherprovisionsin consistentwiththe aboveamendmentsshallremainin full ThisGuidelinestakeeffectimmediately.

3 ~~ BERBERABEM akatiCity,September29,2016