Revenue Memorandum Circular (RMC) No. 57-2020 As per this circular, the business / mayor's permit has been removed as one of the mandatory requirements for the BIR registration (COR) of new business in the Philippines and in line with the BIR Citizen's Charter. This is also to streamline the BIR process and improve "the" ease … Continue reading BIR Certificate of Registration
I've been receiving quite a lot of queries on business registration abroad. Thus, this topic is for those living abroad either Filipino citizen, resident or foreigner who wanted to put up business in the Philippines. Anyhow, our company helps locals, Filipinos abroad and foreigners to start their business in the Philippines. We take note of … Continue reading Business Registration: FAQ
This idea is for NPO people visiting this BLOG. This is ain't new but I am posting it anyway. The idea is to help and improve the lives of the less privileged. The poorest communities who don't have resources and access to computer assisted academic apps and progs. First, collect old unwanted PCs, laptops, and … Continue reading Non-Profit (NPO) Idea ala community outreach
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? … Continue reading Why Corporation is a must!
Unless you are planning to do business under your name, you will need to file a business name. This filing entitles you to do business under that name. However, make sure that your business name is unique and it doesn't violate any intellectual property laws (e.g. trademarks). Check out Department of Trade and Industry (DTI) and … Continue reading The BIG Idea – Part II