Business Registration Made Easier with Bureau of Internal Revenue (BIR)
Business Registration Made Easier
Nowadays, more people venture into starting businesses to seek opportunities brought about by the emergence of a Digital World. Others lean towards becoming entrepreneurs due to the freedom it offers in pursuing their passion. Despite this, many remain either unaware or intentionally don’t abide by the regulatory requirements implemented by the Bureau of Internal Revenue (BIR). This is the reason that people have already set negative impressions of business registration, regarding it as a lengthy and complicated process. Over the years, BIR has sought to simplify the process and elevate the convenience of registering taxpayers. In light of Revenue Memorandum Order (RMO) No. 06-2018 enhancing the frontline services of the Bureau of Internal Revenue (BIR) by streamlining tax-related transactions, Revenue Memorandum Circular (RMC) No. 19-2018 was issued to circularize the simplified business registration guidelines and procedures.
The BIR issued RMO No. 19-2018 provides guidelines and procedures for registering new businesses:
1. Prepare all the requirements in the Checklist of Documentary Requirements (Annex A1-A3) before going to the RDO.
2. Pay registration fee (RF) (they have the option to pay before going to the BIR for registration) thru any of the following payment channels by accomplishing BIR Form No. 0605 under ATC-RF if the registrants have been issued or have existing TIN:
Authorized Agent Banks (AABs)
ePayment Channels of AABs
Mobile Payment through Gcash
3. Secure a queuing number for the NBRC or special lane.
4. Submit the signed Checklist of Documentary Requirements (CDR) and duly accomplished BIR Forms No. 1901/1903, whichever is applicable, in duplicate copies, and BIR Form No. 0605 for payment of RF, in duplicate copies, together with the complete documentary requirements.
5. Apply for the transfer of registration by accomplishing BIR Form No. 1905 if the applicant has an existing TIN and is not registered with the concerned Revenue District Office (RDO).
6. Pay the business Registration Fee using BIR Form No. 0605 and/or other tax liabilities or penalties on registration to the NBRC once called for payment, if applicable.
7. Claim the COR, ATP, and “Ask for Receipt” notice from the NBRC upon approval, together with the eReceipt as proof of payment of the RF and/or other tax liabilities or penalties.
8. Sign on the log sheet indicating the date of receipt of the COR and ATP.
9. Accomplish the Standard Taxpayer Feedback System and drop at the designated drop box.
10. Attend the scheduled taxpayers’ initial briefing to be conducted by the concerned RDO for new business registrants in order to know their rights, duties/responsibilities, and tax compliance.
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Written by: Gabrielle Anne Magsanoc, 2023, PUP Manila
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