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Accounting, Tax Filing & Compliance

Accounting, Tax Filing & Compliance

BIR filings, VAT, withholding tax, annual financial statements, GIS, books of accounts, payroll and labor compliance — the monthly and yearly work after incorporation.

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Compliance

Philippine 13th Month Pay: How to Compute It, When to Pay, and the Tax Exemption

In the Philippines, "13th month pay" is not a discretionary year-end envelope — it is legall…

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Compliance

Philippine Annual Financial Statements (AFS): Who Needs an Audit, BIR vs SEC Filing, and Late Penalties

Register a company in the Philippines and you can't escape the yearly Annual Financial State…

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Compliance

The Anti-Dummy Law and Nominee Shareholder Risk: Why a Filipino Nominee Is the Most Dangerous Way to Save Money

"Just find a Filipino to hold 60% on paper" sounds easy, but it steps straight onto the thir…

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Compliance

BIR Registration and Closure in the Philippines: How to Open and Close Your Tax Account

In the Philippines, registering your company with the SEC is only step one. What actually le…

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Compliance

BIR Tax Audit in the Philippines: The Letter of Authority (LOA), PAN/FAN Assessments and How to Respond

For many owners, a single BIR notice triggers panic. But a Philippine tax audit is a structu…

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Compliance

Registering Books of Accounts in the Philippines: Manual, Loose-Leaf and Computerized (CAS) with the BIR

Register a company in the Philippines and get your BIR registration, and the first unavoidab…

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Compliance

Business Permit Renewal in the Philippines: Mayor's Permit Documents, Process and Late Penalties

If you run a company in the Philippines, every January brings one unavoidable task: renewing…

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Compliance

How to Close a Company in the Philippines: BIR Tax Clearance, SEC Dissolution & Exit Guide

When you decide to leave the Philippine market, the biggest mistake is assuming that ignorin…

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Compliance

Repatriating Profits from the Philippines: Dividend Remittance, BSP Registration and Branch Profit Tax

Foreign investors operating in the Philippines ultimately care about one thing: can the mone…

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Compliance

Philippine Expanded Withholding Tax (EWT): How to Compute at Payment, File 0619 and 1601, Issue 2307 and the Annual Alphalist

In the Philippines, the rent you pay a landlord, the service fee you pay a supplier, the com…

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Compliance

Final Pay and Separation Pay in the Philippines: A Complete Guide

In the Philippines, "final pay" and "separation pay" are two different things that employers…

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Compliance

The Philippine GIS: File Shareholder and Director Details with the SEC Every Year

Run a Philippine company and, beyond the annual financial statements, there's another yearly…

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Compliance

Employer Social Contributions in the Philippines: How to Pay SSS, PhilHealth and Pag-IBIG

Employing staff formally in the Philippines means more than paying wages: every month the em…

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Compliance

Late-Filing Penalties and Tax Amnesty in the Philippines: Fixing It Before Revocation

In the Philippines, missing a year of SEC filings or under-reporting to the BIR lets penalti…

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Compliance

SSS, PhilHealth and Pag-IBIG: An Employer's Guide to Mandatory Social Contributions in the Philippines

Hiring someone in the Philippines is only step one; the next duty is enrolling them in the t…

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Compliance

Philippines Tax Compliance Calendar: BIR Filing, Annual Audit AFS and SEC GIS

In the Philippines, getting your certificates is not the finish line, it is the start of ong…

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Compliance

Transfer Pricing in the Philippines: Related Party Transactions, Arm's Length and BIR Form 1709

The moment your Philippine company transacts with an overseas parent or affiliate, whether b…

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Compliance

Philippine VAT and Percentage Tax: The 12% VAT, the PHP 3M Threshold, Input Credits and Invoicing

Doing business in the Philippines, one of the first things to settle: should your company pa…

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