RMC No. 57-2020: Prescribes the updated policy and revised checklist of documentary requirements on business registration and other types of applications

Files
Download this file

Summary

RMC No. 57-2020 prescribes the updated policy and a revised checklist of documentary requirements for business registration and other applications.

CollapseExpand

Key points

  1. Mayor’s Permit removed. The Mayor’s Permit is no longer a mandatory requirement for registering a new business with the BIR. This took effect when the BIR Citizen’s Charter 2019 was published on the BIR Website.
  2. Complete requirements only. The BIR processes only applications and requests with complete documentary requirements. It does not process deficient or incomplete ones, under Rule VII, Section 2(b) of the IRR of RA No. 11032 (Ease of Doing Business and Efficient Government Delivery Act of 2018).

Who is affected

  • Applicants for business registration and other BIR applications

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.