Running a business in the Philippines requires more than just registering it; you must also ensure that it remains compliant with local and national regulations. One crucial aspect of compliance is...
In the Philippines, a Tax Identification Number (TIN) is essential for all businesses, regardless of size or type. Issued by the Bureau of Internal Revenue (BIR), the TIN serves as your unique...
Audited Financial Statements (AFS) play a crucial role in the registration, compliance, and overall governance of corporations in the Philippines. Beyond being a requirement for tax and regulatory...
Registering for local business taxes and fees is a critical step in legitimizing your business in the Philippines. Local government units (LGUs), such as cities and municipalities, impose these taxes...
Registering your business in the Philippines is a significant milestone, but it also brings with it various tax obligations. Properly understanding these tax implications ensures compliance with...
When registering your business with the Bureau of Internal Revenue (BIR) in the Philippines, one of the critical decisions is whether to register as a VAT (Value-Added Tax) or Non-VAT taxpayer. This...