The Securities and Exchange Commission (SEC) has implemented the Tax Identification Number (TIN) validation for its online services, the Electronic SEC Universal Registration Environment (eSECURE) and the Electronic Filling and Submission Tool (eFAST), beginning March 17, 2025.
The TIN validation service is an essential tool that facilitates data exchange between the SEC and the Bureau of Internal Revenue (BIR) through an Application Programming Interface. This integration enables the automated verification of submitted details to the SEC by cross-checking them against BIR records. For individuals, the service verifies the name, TIN, date of birth and sex, while for non-individuals, it checks the TIN, company name and registration date. This process ensures the accuracy and reliability of taxpayer information, streamlining compliance, and reducing errors.
Existing users of eSECURE and eFAST will need to validate their TINs. Specifically, eSECURE users need to update their TIN, while eFAST users must update their profile information, including their TIN and birthdate.
If a user is prompted with an error that their TIN does not match or that it cannot be found, they must check and update their records with the BIR Online Registration and Update System or the nearest BIR Revenue District Office.
Please be guided accordingly.
Source:
P&A Grant Thornton
Certified Public Accountants
P&A Grant Thornton is the Philippine member firm
of Grant Thornton International Ltd.