BUREAU OF INTERNAL REVENUE
The Bureau of Internal Revenue (BIR) issued Revenue Memorandum Order (RMO) No. 19-2018, 25 April 2018, to revise the guidelines, policies and procedures in Registering New Business prescribed under RMO No. 6-2018.
It also provides for the implementation of the ''Single Window" in the registration of new business registrants in order to improve taxpayers' satisfaction and address delay in the processing of the Certificate of Registration (COR) and Authority to Print (ATP). RMO No. 19-2018 mandates the designation of a "New Business Registrant Officer'' (NBRO) and the provision for a ''New Business Registrant Counter" (NBRC) in the frontline service area of the Revenue District Office (RDO) to exclusively cater to new business registrants.
The Application for Registration of business shall be filed with the RDO having jurisdiction over the place of business or residence of the taxpayer. All new business registrants shall transact only at the NBRC manned by the NBRO. New business registrants may proceed to the registration with the BIR of the books of accounts after securing the COR and ATP. This will be done within thirty (30) calendar days from the date of business registration with the BIR.
To minimize the inconvenience to the new business registrants in going to the Authorized Agent Banks (AABs) when paying the business Registration Fee (RF), RMO No. 19-18 authorizes the Revenue Collection Officer (RCO) to accept payments of the Registration Fee, Documentary Stamp Tax, and late penalty (if any) related to the registration.
Full text of the issuance is attached for reference.
DISCLAIMER: The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although R.G. Manabat & Co. endeavors to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.
For any queries, you may contact any member of the InTAX Editorial Board or send your questions to email@example.com.