The common Taxes, applicable to taxpayer, that you need to know are (1) Value Added Tax (VAT) or Percentage Tax (PT), (2) Expanded Withholding Tax (EWT), and (3) Income Tax. However, additional taxes may apply if there are related transactions such as the following: (1) Withholding Tax on Compensation (WTC) or most commonly know as … Continue reading The 3 Common Taxes that YOU need to KNOW.
Planning to retire your business? Well, I know its not just as easy as one, two, three. Yes, it seems like retiring your business is somewhat require a great deal of effort just like the time you started to open it. But, is it complex and difficult? Nope, and you can do it yourself, in … Continue reading Business Retirement
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 … Continue reading Requirements: Business Permit Renewal (Corporation)