Here is a question every business owner should be able to answer: Do the numbers in your accounting records support the numbers reported in your tax returns? If the answer is “I don’t know,”...
A foreign investor who wants to establish a company in the Philippines will often ask one question first: “Can I own 100% of the company?” It is an understandable question, but it is rarely the best...
“We filed on time.” For a business owner, those words can provide a sense of relief. No missed deadline. No last-minute panic. Another tax return finished. But there is an important question that...
Starting a corporation in the Philippines often looks straightforward from the outside. Choose a company name, prepare the documents, file with the Securities and Exchange Commission, and wait for...
Many business owners think BIR compliance simply means filing tax returns and paying taxes before the deadline. That is certainly part of it, but it is not the whole picture. A business can file its...
Most small businesses in the Philippines do not have a technology problem. They have a sequencing problem. Software gets bought in a panic — usually in January, or the week a BIR letter arrives — and...
