News Formal

[Ask The Tax Whiz] Essential FAQs on BIR business registration procedures

  • 📰 rapplerdotcom
  • ⏱ Reading Time:
  • 44 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 86%

Taxes News

Bureau Of Internal Revenue,Business Management,Personal Finance

The Philippine Tax Whiz discusses clarifications regarding registration-related procedures under Revenue Memorandum Circular No. 91-2024 of the Bureau of Internal Revenue

This is AI generated summarization, which may have errors. For context, always refer to the full article.

If any of the above has occurred, then it counts for your business having commenced, and therefore taxable. If you don’t have the time to go to the nearest Revenue District Office you can do the registration online via the following platforms: My SEC business name has been registered with the BIR, but my store name in the platform I operate in is different from the name in the SEC Registration.

The QR Code Stamp serves as proof of registration. Paste it on the first page of manual and loose-leaf books, and print it for computerized books. No RDO visit is required after registering under ORUS unless specified. Firstly, if you are a person who is not engaged in business, like employees or those who have a tax identification number for one-time tax transactions, you will have to submit two copies of your BIR Form No. 1905 to the new RDO., if applicable

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

[Ask The Tax Whiz] BIR Business Registration: What to know?The Philippine Tax Whiz discusses the regulations regarding the mandatory registration for persons engaging in businesses, whether brick-and-mortar stores or online trade, pursuant to Revenue Regulations 15-2024
Source: rapplerdotcom - 🏆 4. / 86 Read more »

E-Games Industry Boasts Projected P250 Billion Business, Generates Billions in Tax Revenue for PhilippinesThe Philippine government stands to gain up to P20 billion in tax collections from the booming e-games industry. Data shows a significant rise in revenue, with P13.3 billion collected in 2023 compared to P8.5 billion in 2022. The industry is projected to reach P250 billion by Pagcor Chairman Alejandro H. Tengco, despite concerns about regulation and the grey market.
Source: BusinessMirror - 🏆 19. / 59 Read more »