New eBIRForms Package v7.5 is now available for download

As part of the ease of doing business in the nation, the bureau has announced the update of new eBIRForms Package from eBIRForms Package v7.4.2 to  eBIRForms Package v7.5  and to download click the link below:

New eBIRForms Package v7.5: http://ftp.pregi.net/bir/ebirforms_package_v7.5.zip

The new eBIRForms Package v7.5 was issued to upgrade and update other forms for the benefits of all who are using the platform in filing taxes with ease and convenience.

New Format for the Notice to the Public to be Exhibited at Place of Business

Taxpayers will get intrigued about the new regulations recently issued by the bureau and this is related to the New Format for the Notice to the Public to be Exhibited at Place of Business. Revenue Regulations (RR) No. 10-2019 is issued amending pertinent provision of RR No. 4-2000, as amended by RR No. 7-2005, By Providing  a New Format for the Notice to the Public to be Exhibited at Place of Business.

It stated in Section 2 of the regulations which refers to Exhibition of Notice at Place of Business with purpose as follows: 

For the purpose of improving revenue collection through enforcement of the legal, provision on the issuance of official receipt (OR)/soles invoice (SI) and to inform the public/buyers to require the seller to issue OR/SI, persons required by low to issue such receipts/invoices are hereby directed to post in their places of business, including branches and mobile stores, in such area conspicuous to the public, the below Notice to Issue Receipts/Invoices (NIRI):

These Regulations shall take effect after fifteen (15) days following publication in two (2) newspapers of general circulation.

Please refer https://www.bir.gov.ph/images/bir_files/internal_communications_1/Full%20Text%20RR%202019/RR%20No.%2010-2019.pdf of the full text of RR No. 10-2019.

Application for Registration of Professional (Individual) - Licensed (PRC, IBP) / In General

As part of the ease of doing business, especially, in the Application of Registration of Business Profession - Licensed (PRC, IBP) and In General, the bureau has updated the requirements and BIR Form No. 1901 (Application for Registration).

If you want to register, I suggest to visit the bureau's office and inquire the Authorized Person of the Bureau of Internal Revenue (BIR) within your jurisdiction for the Application for Registration of Professional (Individual) - Licensed (PRC,IBP) / In General.

After gathering information, you may consider the general procedures for the  Application for Registration of Professional (Individual) - Licensed (PRC, IBP) / In General as follows:

Step 1. Fill-up BIR Form No. 1901 (Application for Registration) https://www.bir.gov.ph/images/bir_files/taxpayers_service_programs_and_monitoring_1/1901%20Jan%202018%20ENCS%20V4_03.04.2019.pdf

1. PhilSys Number (PSN) - Refer this link: https://www.bir.gov.ph/images/bir_files/research_and_statistics/NSCB_PSIC%202009.pdf of the PSIC 2009 contains the Philippine Standard Industrial Classification Code.

2. Registering Office - Mark with an "X" if Head Office or otherwise Branch Office. ((No. 4)

3. Fill out with your Taxpayer Identification Number (TIN) if with existing TIN. Otherwise request BIR for the issuance of TIN. (No. 4)

4. Mark with an "X" of the Taxpayer Type (No. 6) - Professional - Licensed (PRC, IBP) or Professional - In General

5. Fill out your Taxpayer's Name ((No. 7)

5. Mark with an "X" of your Gender (No. 8)

6. Mark with an "X" of your Civil Status (No. 9)

7. Fill out your Date of Birth ((No. 10)

8. Fill out your Place of Birth (No. 11)

9. Fill out your Mother's Maiden Name (No. 12)

10. Fill out your Father's Name (No. 13)

11. Fill out your Citizenship or Other Citizenship (No. 14 or No. 15)

12. Fill out your Local Residence Address (No. 16)

13.  Fill out your Business Address (No. 17)

14. Fill out your  Identification Details (e. q. passport, government issued ID, company ID, etc.) - No. 21

15. Fill out your Preferred Contact Type (No. 22)

16. Fill out your Employment Status of Spouse No. 24) and others (if applicable)

17. Fill out your Primary/Secondary Industries (No. 35)

18. Fill out your Registration / Accreditation Number (No. 37A) & Others (if applicable)

19. Determine your applicable Tax Types (No. 39). To be filled up by BIR)

20. Fill Authority to Print Receipts and Invoices (No. 40) and others. Secure Receipts for Services and determine if you will register as VAT or Non-VAT

21. Fill out the other required information (if applicable).

Step 2. Attached the Documentary Requirements:

1. Any Identification issued by an authorized government body (e. g. Birth Certificate, passport, driver's license, Community Tax Certificate) that shows the name, address and birthdate of the applicant.

2. Photocopy of Professional Tax Receipt/Occupational Tax Receipt issued by the LGU.

3. Proof of Payment of Registration Fee (RF) (if with existing TIN or applicable after TIN issuance).

4. BIR Form No. 1906 (Select an Accredited Printer)

5. Final & clear sample of Principal Receipts/ Invoices

Step 3. Fill out BIR Form No. 1905 (Application for Registration Information Update/Correction/Cancellation) for the Registration of Books of Accounts (No. 10) of Manual of Books of Account (New sets of permanently bound books of accounts).

1. Fill out your Taxpayer Identification Number (TIN); RDO Code & Contact Number - No.1, No. 2 & No. 3, respectively.

2. Mark with an "X" Update of Books of Accounts (proceed to Number 10) - No. 6 Other Updates

3. Fill out the Required Books of Accounts (No. 10). I suggest to register Cash Receipts Book, Cash Disbursements Book, Ledger Book & Journal Book or General Journal Book.

4. Fill out the Declaration (No. 12).

Don't forget to inquire other information such as your Certification of Registration (COR) and other necessary documents needed for the exercise of your business profession.