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Doing business in the Philippines, either as single proprietorship, partnership or corporation, calls for licenses or permits from government. An investor or businessman needs to obtain a business license in the locality where he will establish his business, as well as register his business with the Department of Trade and Industry in case of sole
A business permit is required to any person, group or corporation who establishes, operates, conducts or maintain their business with a municipality or city. It should be renewed annually on or before the 20th of January. Here are the requirements for business permit renewal for a Corporation. 1) Application form duly filled-up & notarized with location
Tax his land, Tax his bed, Tax the table At which he’s fed. Tax his tractor, Tax his mule, Teach him taxes Are the rule. Tax his work, Tax his pay, He works for peanuts Anyway! Tax his cow, Tax his goat, Tax his pants, Tax his coat. Tax his ties, Tax his shirt, Tax
Starting June of 2012, submission of export declaration is now through on-line or BOC e2m lodgement as they call it. It means no more manual submission. Therefore, if you have upcoming export shipments, then you need to arrange your CPRS (Client Profile Registration System). Please take note that registration depends on which category you belong.
This is for those blog readers, CPA, accountant or otherwise who are searching my blog for a sample Statement of Management’s Responsibility. “STATEMENT OF MANAGEMENT’S RESPONSIBILITY FOR ANNUAL INCOME TAX RETURN” The Management of CORPORATION NAME, INC., is responsible for all information and representations contained in the Annual Income Tax Return for the year ended
Bong Corpuz & Co. CPAs 