Two conditions before you can start
One, registration status — TIN and BIR Certificate of Registration must exist first. Two, scale and accounting standard — company size determines which PFRS tier applies. Full process in the end-to-end guide.
The checklist: registration, books, receipts
- Registration: TIN, BIR Certificate of Registration.
- Books: registered books of account, see opening and closing books.
- Receipts: Official Receipts and invoicing authority (ATP), see the invoicing rules; on TIN cards see the TIN card guide.
One hard rule beyond the conditions: never skip a filing
Even with no revenue, a zero return is still due — a gap marks the TIN as a stop-filer, which is worse than late filing. See the filing calendar.
Just opened and unsure which forms apply in year one? → Send YIXING your entity type
YIXING is a Chinese-language consultancy registered in Makati, Philippines, holding SEC registration CS202009551 and BI Accreditation No. CA-202624381-1; we are not affiliated with any government agency and promise no outcome. This article is general information, not tax advice; current BIR/SEC rules govern, and individual cases should be reviewed by a licensed accountant.
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