Summary
RMC No. 137-2016 clarifies compliance with business registration requirements and amends Annexes A1, A2.1, A2.2, A4, A6 and A10 of RMC No. 93-2016.
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Key points
- Checklist. The applicant-taxpayer accomplishes the checklist of documentary requirements in duplicate, one copy for the BIR and one for the taxpayer.
- Incomplete applications. The Revenue District Office (RDO) receives applications with incomplete requirements and processes them once the complete documents are submitted within five (5) working days.
- Holding period. RDOs keep pending applications with incomplete requirements for up to thirty (30) calendar days from receipt.
- List of unprocessed applications. Through the Client Support Section Chief, the RDO prepares and keeps a List of Unprocessed Applications with Incomplete Requirements past the 30-day period. It includes the checklist and a recommendation for disposal of the submitted documents for non-compliance.
- Annex amendments. The highlights of the amendments to the Annexes are specified in the Circular.
Who is affected
- Applicant-taxpayers for business registration
- Revenue District Offices
Deadlines and effectivity
- Complete documents within five (5) working days
- Pending applications kept up to thirty (30) calendar days from receipt
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.