Things you need to know about Certification under oath of President and Treasurer (for submission of financial statement).

1. What is a Certification under Oath?

The Certification is an affidavit executed by the corporation’s president and treasurer stating that the information contained in the corporation's financial statement for a specific year is true and correct to the best of their knowledge.

The Certification is normally required by government agencies (e.g. the Bureau of Internal Revenue, Securities and Exchange Commission) if the financial statement is not audited or there is no accompanying auditor's report to the financial statement. This is normally allowed only when the corporation's gross sales / income do not reach a certain amount.

2. What information do you need to create your Certification under Oath?

To create your Certification you’ll need the following minimum information:

1. The details of the corporation’s president and treasurer (e.g. name);
2. The corporation’s name and address; and
3. Details of the financial statement (e.g. year covered, number of pages)

3. How much is the document?

The document costs PHP 50 for a one-time purchase. Once purchased, you have unlimited use and revisions of this type of document.

You can also avail of Premium subscription at PHP 1,000 and get (a) unlimited use of our growing library of documents (from affidavits to contracts); and (b) unlimited use of our “Ask an Attorney” service, which lets you consult an expert lawyer anytime for any legal concern you have.