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

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SEC Registration Requirements for Stock Corporation

Here are the requirement that you need to prepare in connection with the registration of a stock corporation with the Philippine Securities and Exchange Commission (SEC). 1) COVER SHEET 2) NAME VERIFICATION SLIP 3) BANK CERTIFICATE OF DEPOSIT OF PAID-UP CAPITAL (notarized in the place executed) 4) ARTICLES OF INCORPORATION 5) TREASURER’S AFFIDAVIT 6) BY-LAWS … Continue reading SEC Registration Requirements for Stock Corporation

Professional firm, part 2.

When I first thought of putting up a professional firm, a CPA firm, in particular, I chuckled and said now this one is a serious stuff.  Well, of course, I am always serious when it comes to my work and profession.  And as a workmanship, I must say there is no room for errors.  I regard … Continue reading Professional firm, part 2.

For CPAs: 2011 BOA Accreditation Applications

Here is a good news! News, news, news.... The Regional Trial Court Branch 128 of Caloocan City issued an injunction on the implementation of PRBOA Resolution No. 88, Series of 2009 and PRBOA Resolution No. 23, Series of 2010.  Now, until the final resolution of this case, the Board of Accountancy is not implementing these … Continue reading For CPAs: 2011 BOA Accreditation Applications

A Professional Firm?

Blogging requires time and subject matter. Obviously, "BUZINESS 1", tackles business. Haha! Anyhow, like other individuals with a sort of etrep-mind, I too have explored several business(es), well of course, that sort of biz that will not only survive in recession time...but will also thrive...and most importantly it is within my capital budget to start … Continue reading A Professional Firm?