Summary
RMC No. 133-2016 publishes the full text of the Memorandum of Agreement (MOA) between the BIR and the Department of Trade and Industry (DTI) that links the issuance of Taxpayer Identification Numbers (TIN) to sole proprietors with DTI registration.
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Key points
- BIR undertakings. The BIR issues the TIN through the web service of the eReg System linked to the Philippine Business Registry (PBR) of the DTI. It processes new business registration and issues the Certificate of Registration (COR) and other secondary registration permits after complete documentary requirements. It also gives information materials to the DTI for its clients.
- DTI undertakings. The DTI issues the TIN to its clients through the PBR connected to the BIR web service. It generates a monthly list of DTI-registered businesses with TINs for the BIR and tells clients to secure the BIR-COR by submitting complete registration requirements.
- Implementing guidelines. The BIR and DTI jointly issue guidelines and procedures to implement the MOA.
Who is affected
- Sole proprietors registering with the DTI
Deadlines and effectivity
- DTI list of businesses with issued TIN generated monthly
Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.
Copies of BIR issuances are hosted here for reference. For the official version, check bir.gov.ph. Summaries by Tax Resources PH are not a substitute for the full text or professional advice.