REGISTERING YOUR BUSINESS FOR THE FIRST TIME:
Now you have your Business Name Registered at DTI (Department of Trade and Industry) - what's next?
FOR SELF-EMPLOYED AND MIXED INCOME INDIVIDUALS
Tax Form
BIR Form 1901- Application for Registration for Mixed Income Individuals, Estates and Trusts
Documentary Requirements
- Birth certificate or any valid identification showing name, address and birth date
- Mayor’s permit or application for Mayor’s Permit (when applicable)
- Department of Trade and Industry (DTI) Certificate of Registration of Business Name (to be submitted prior to the issuance of the BIR Certificate of Registration (COR)
Procedures
a) Accomplish BIR Form 1901 and submit the same, together with the required attachments, to the Revenue District Office having jurisdiction over the registered address of the business establishment.
b) Pay the Annual Registration Fee (P 500.00) at the Authorized Agent Banks of the RDO.
c) Pay P 15.00 for the Certification Fee and P15.00 for the Documentary Stamp Tax (in loose form to be attached to Form 2303).
d) The RDO shall issue the Certificate of Registration (Form 2303).
Deadline
- All individuals engaged in trade or business shall accomplish and file the application before the commencement of their business operation.