As a newly registered business in the Philippines, it’s essential to be prepared for a Bureau of Internal Revenue (BIR) audit. BIR audits are routine checks to ensure your business complies with tax...
Withholding tax is an essential component of the Philippine tax system. It is a method by which taxes are collected from income at the source. For businesses, registering for withholding tax is not...
Invoices and receipts are more than just documents for recording transactions—they are vital tools for tax compliance in the Philippines. Under the rules of the Bureau of Internal Revenue (BIR)...
Starting a business in the Philippines comes with many responsibilities, and one of the most crucial is tax compliance. Filing taxes for a newly registered business can be daunting, especially for...
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...
