MANILA, Philippines — The Bureau of Internal Revenue (BIR) has further relaxed its process for business registration as stated in the recently released Revenue Memorandum Circular 57-2020.
The new policy removes the mayor’s permit from the list of documentary requirements that business owners need to submit.
“The requirements for registering a new business with the Bureau have been streamlined as one of the mandatory requirements when the BIR’s Citizens Charter 2019 was published on BIR website,” the circular read.
Also, BIR Commissioner Cesar Dulay in the circular said “the Bureau shall not process deficient or incomplete applications or requests, and shall only process an application if it is complete.”
Meanwhile, the BIR reminds the public that the filing of the annual income tax returns will only be until today Monday (June 15).
In response to the current health protocols, the BIR advises the public to refer to its website for online filing and to pay the necessary dues through electronic payment facilities to prevent the risks of coronavirus disease (COVID-19) infection.
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