BGC & Co. CPA's | Business Registration

Business Registration

June 17, 2020

BIR removes mayor’s permit as requirement in business registration

The Bureau of Internal Revenue (BIR) has taken out the mayor’s permit as one of the requirements in business registration.

Commissioner Cesar Dulay pointed out that the BIR aims to expedite the process of establishing businesses in the Philippines.

It is continuously making reforms to ease the burden of entrepreneurs in submitting required documents.

-PTV News

"Our business consultants will guide you in securing licenses such as the import and business permits among others."

Depending on your business activity or industry, there are plenty of bureaucratic bottlenecks to overcome in the Philippines. The high number of government agencies and its complex requirements make it complex to fully grasp the permits you will be needing.

The vast majority of these local permits must be renewed every year and engaging consulting can save you a tremendous amount of hours and ensure that you succeed in keeping your business up and running with no interruption.

If you are doing business in the Philippines, do not hesitate to engage with one of our business consultants to assist you with some of the mandatory licenses and corporate compliance processes such as:
• Mayor’s Business Permit
• Barangay Clearance
• Bureau of Internal Revenue
• DOLE license
• General Information Sheet