Category: FranchiseBiz

  • 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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  • YET ANOTHER BUSINESS REGISTRATION GUIDE IN THE PHILLIPINES

              Some enterprises, by nature of their operations, are required to secure a special clearance, license, or permit from some other government agencies. The following will guide you about some of the types of businesses that require a special certificate or permit and the agencies that issue them. 1) Animals and animal products, registration of

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  • SECURING BUSINESS PERMITS AND BUSINESS REGISTRATION IN THE PHILIPPINES

    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

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