Category: SMEBuziness

  • BIR related, How is a particular taxpayer selected for audit?

    Officers of the BIR, like for example the Revenue District Officers, the Chief of Large Taxpayer Assessment Division, or the Chief of Excise Taxpayer Operations Division, or even the Chief of Policy Cases and Tax Fraud Division, are responsible for the conduct of audit and/or investigation.  The same offices are the one responsible for the preparation

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  • How to register a NON-Stock, NON-Profit CORPORATION with the Philippines SEC

    This blog is having a lot of queries on how to register a non-stock and non-profit corporation. Thus, I thought that it’s about time to write one for all the readers and by passer out there. Anyhow, I tried to run a query via google search engine, and some relevant sites came up with the

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  • Business, debt is a safety net…

    If you follow the 100 percent-leveraged philosophy, you’ll being the strongest of all positions. You can sit back and objectively assess the performance of the business. It’s difficult for laypeople to understand but the more debt your business has, the more patient creditors will be with you. The reason is simple. If your business fails, creditors stand to

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  • Sometimes small investment means losses!

    Hello guys and gals, I am back!  Anyhow, my topic now is about investment.  And when we talk about investment we talk about a decision. And If you will ask me, intelligent approach to a wise investment is knowing first the basic questions that you should ask yourself  before you start your venture.  These are

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  • Why Corporation is a must!

    Starting a business means choosing the correct form of organization. Of all the forms, you know what, corporation has the advantage over the rest. Perhaps you would probably ask “why incorporate and go through the hassles of extra paperwork and tax returns?” Why incorporate? Ladies and gentlemen, incorporation is just another form of insurance. How?

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