Starting a home-based business in the Philippines is an excellent way to leverage your skills and resources while minimizing overhead costs. However, to operate legally and enjoy business incentives...
Starting a business in the Philippines requires compliance with several regulatory agencies, including the Department of Trade and Industry (DTI) for sole proprietorships and the Securities and...
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...