To streamline business registration, the Bureau of Internal Revenue (BIR) removes the Mayor’s Permit as one of the documents requirements for such a process.
BIR Commissioner Caesar Dulay said that the removal of Mayor’s Permit as a requirement for registering a new business is in line with the publication of the Bureau’s Citizen Charter.
Revenue Memorandum Circular No. 57-2020 also states that the BIR shall not process deficient or incomplete applications or requests. It shall only process a complete application or request, according to Rule VII, Section 2 (b) of the Implementing Rules and Regulations of Republic Act No. 11032, otherwise known as “Ease of Doing Business and Efficient Government Delivery Act of 2018”.
The said memorandum circular also provides a revised checklist of documentary requirements on other types of registration applications, such as for the following:
- self-employed individuals, estates, and trusts;
- corporations, partnerships;
- cooperatives, associations;
- issuance of Taxpayer’s Identification Number (TIN);
- one-time transaction taxpayer (ONETT);
- Authority to Print (ATP);
- Books of Accounts;
- permit to use manual loose leaf;
- TIN card issuance;
- information updates;
- transfer of registration;
- cancellation of TIN or registration; and
- closure of a business.
For registration of sole-proprietors or professionals not regulated by the Professional Regulation Commission (PRC), they need to present any government-issued ID, and proof of residence or business address, in case the ID does not contain an address.
On the other hand, if PRC regulates the practice of a profession, the applicant must present a valid PRC ID and a government-issued ID showing address, proof of residence, or business address.
Moreover, applicants must also submit a properly filled-out BIR Form 1901 and BIR printed receipt/invoice, or final and clear sample of own principal receipts invoices.
They also need to prepare P530 for the registration fee and documentary stamps.
Other documentary requirements
The additional requirement may include the following, as applicable:
- Special Power of Attorney and government-issued ID of the authorized representative;
- Work Visa for foreign nationals;
- franchise documents;
- Trust Agreement
- Death Certificate of the deceased, for Estate under judicial settlement;
- Certificate of Authority for Barangay Micro Business Enterprises; and
- Proof of Registration or Permit to Operate under BOI/BOI-ARMM, PEZA, BCDA, TIEZA/TEZA, SBMA, and others.