19 Jun BIR Removes Mayor’s Permit As Requirement For Business Registration
Mga higala! Good news! The Bureau of Internal Revenue (BIR) has removed the Mayor’s Permit as one of the documentary requirements that business owners need to register and start their operations!
According to reports, the said permit was discarded in order to enhance the current law and speed up the process of establishing businesses in the Philippines.
However, the said bureau “shall not process deficient or incomplete applications or requests, and shall only process an application if it is complete” based on Revenue Memorandum Circular 57-2020.
In case you don’t know, BIR is continuously making changes that aim to ease the burden of entrepreneurs.
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