As of June 26, 2025, the SEC has discontinued the use of the Joint Certification for Applications to Increase Capital Stock by Way of Cash Infusion. The temporary, simplified process—which combined the Certificate of Increase, Directors’ Certificate, Treasurer’s Affidavit, and Secretary’s Certificate—was halted.

Corporation increasing capital stock must now adhere to the standard filing procedures and submit individual, notarized documents (Certificate of Increase, Directors’ Certificate, Treasurer’s Affidavit) rather than the joint certification.

Causing Dela Cruz Law Office is a corporate law practitioner based in Iloilo City.

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