Showing posts with label small and medium domestic businesses. Show all posts
Showing posts with label small and medium domestic businesses. Show all posts

Thursday, December 1, 2016

BIR signs Memorandum of Agreement (MOA) with DTI for faster Tax Identification Number (TIN) issuance

As part of the bureau's campaign of "ease of doing business in the Philippines", the Bureau of Internal Revenue (BIR) and the Department of Trade and Industry (DTI) agreed to collaborate together to facilitate the issuance of Taxpayer Identification Number (TIN) to registering small and medium domestic businesses.

The Memorandum of Agreement (MOA) was signed by Commissioner Caesar R. Dulay (for the BIR) and Secretary Ramon M. Lopez (for the DTI) on October 10, 2016 at the Executive Conference Room in the BIR National Office.


The Commissioner mentioned during the open forum about the BIR's issuance of a Revenue Memorandum Circular (RMC) No. 93-2016, which streamlined the business registration process and documentary requirements.