[Ask The Tax Whiz] BIR Business Registration: What to know?

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Bureau Of Internal Revenue 뉴스

E-Commerce,Taxes,Business

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

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On the other hand, failure to register the head office or branch has a stiffer penalty, starting at P5,000 for micro taxpayers, P15,000 for small taxpayers and P20,000 for medium and large taxpayers. E-commerce or online businesses, whether formal or informal, including sale, procurement, or availment of physical or digital goods, digital content/products, digital financial services, etc.

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