SEC Introduces HARBOR: A New System for Beneficial Ownership Filing in 2026

SEC Introduces HARBOR: A New System for Beneficial Ownership Filing in 2026

Accounting| Licensing
January 28, 2026•3 min read

Published Date: January 28, 2026

Published By: Jac Cantos, Upcloud Accounting

The Securities and Exchange Commission (SEC) has issued a new advisory changing how Beneficial Ownership (BO) information will be filed starting in 2026. While the annual General Information Sheet (GIS) remains a core compliance requirement, Beneficial Ownership disclosures will now be handled through a separate system.

  • This update strengthens corporate transparency and aligns with global standards on ownership disclosure.

  • Effective January 30, 2026, Beneficial Ownership information will no longer be included in the General Information Sheet (GIS).

  • Instead, companies must submit BO disclosures through a newly launched SEC platform called HARBOR (Hierarchical and Applicable Relations and Beneficial Ownership Registry).

  • HARBOR is a web-based system dedicated solely to identifying real or ultimate beneficial owners and individuals who exercise control over corporations.

HARBOR does NOT replace the GIS.

To avoid confusion:

  • The GIS will still be filed annually, beginning with the 2026 version.

  • Only the Beneficial Ownership section is being removed from the GIS.

  • BO reporting is now exclusively filed and maintained in HARBOR.

In short: companies must file both the GIS (for general corporate information) and HARBOR (for Beneficial Ownership disclosures).

Difference Between GIS and HARBOR

Difference Between GIS and HARBOR

What This Means for Companies

  • Annual GIS filing continues using the updated 2026 GIS form.

  • Beneficial Ownership information must be filed and updated separately through HARBOR.

  • Access to HARBOR is limited to authorized eFAST filers with active eSECURE accounts.

  • Internal processes may need updating to ensure BO information is tracked and reported independently from the GIS.

Failure to comply with BO reporting requirements may expose companies to regulatory issues, so early preparation is key.

Legal Basis

This transition is implemented under SEC Memorandum Circular No. 15, Series of 2025 (Beneficial Ownership Disclosure Rules of 2026), together with the SEC Notice dated January 20, 2026, which formally declared HARBOR operational.

The SEC’s rollout of HARBOR marks a structural change in how Beneficial Ownership is reported, not a removal of existing obligations. Companies must now manage two parallel but distinct filings: the GIS for general corporate disclosures and HARBOR for Beneficial Ownership.

With the 2026 reporting requirements already in effect, companies should immediately review their Beneficial Ownership filing processes to ensure compliance.

Upcloud Accounting: Your Partner in SEC Compliance

Navigating SEC regulations can be complex. Upcloud Accounting provides expert accounting and compliance services to ensure your business meets all SEC requirements, including HARBOR filing.

  • HARBOR Filing Assistance: We can guide you through the HARBOR filing process and ensure all requirements are met.

  • GIS Preparation: We can assist with the preparation and filing of your annual GIS.

  • Compliance Monitoring: We stay up-to-date on all SEC regulations and deadlines.

  • Expert Consultation: We provide expert advice on navigating the complexities of Philippine corporate law.

Contact Upcloud Accounting today for a free consultation and ensure your business is prepared for the future of SEC compliance in the Philippines.

Upcloud Accounting: Virtual Outsourced Accounting and Bookkeeping Services in the Philippines

Upcloud Accounting offers accounting, bookkeeping, tax compliance, and business licensing services specializing with startups and SMEs in the Philippines.

Our goal is to increase efficiency, automation, and transparency across the accounting and finance functions of our clients with our cutting-edge technology. If you want to move your company’s finance function online, contact our Team of Expert Accountants and Bookkeepers directly via [email protected] or visit www.upcloudaccounting.comto learn more about how Upcloud Accounting accounting services can support your PH business!

Disclaimer: This article or blog is only for general knowledge and guidance and is not a substitute for an expert opinion. For technical advice, please consult your tax / legal advisor for your specific business concerns. For comments, suggestions, and feedback, feel free to email us at [email protected].

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