Category: AgriBuziness

  • Attention Corporation: Risk of paying not less than Php10,000.00 penalty on 1702Q

    ATTENTION CORPORATION: There is a potentially expensive sting in the tail for pay and file taxpayers who have not yet paid & filed their 2014 second quarter corporate income tax (1702Q). Second quarter covers April, May & June 2014 and the deadline for filing is on the 28th of August or on or before 60

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  • Why you need an Accountant?

    Almost always business owners, particularly those who are managing small businesses and those under SME category, disregards to see the importance of having accountants. Oftentimes, they look for an Accountant when it’s already too late or worst the BIR had issued a letter of notice (LN) or letter of authority (LOA) for their business. As

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  • BIR Certificate of Registration (BIR form 2303)

    BIR Certificate of Registration (COR) or BIR Form 2303 is a basic requirement in the conduct of your business in the Philippines. Of course, its a MUST following the general principle that “everything is taxable”. Anyhow, if you are Self-Employed, Corporation, Partnership, Cooperatives, Associations or Government-Owned and Controlled Corporation (GOCC),  then you are required to

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  • Did you know that Employers of MWEs are still required to issue BIR Form No. 2316?

    Okay, okay, MWE stands for Minumum Wage Earner while BIR Form No. 2316 means a Certificate of Compensation Payment.  In general, every employer or other person who is required to deduct and withhold the tax on compensation including fringe benefits given to rank and file employees, shall furnish every employee from whose compensation taxes have been withheld

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  • Annual SEC filing of Audited Financial Statements

    The Securities and Exchange Commission (SEC) has posted in its website SEC Memorandum Circular No. 16, Series of 2013 dated September 13, 2013 setting forth the schedule of filing of the annual financial statements of companies with fiscal year ends December 31, 2013. Filing Date Last Digit of SEC Registration/License April 14, 15, 16, 17,

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