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RMC No. 14-2024: Payment of Annual Registration Fee pursuant to Republic Act No. 11976, otherwise known as the “Ease of Paying Taxes Act”

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Summary

RMC No. 14-2024 advises business taxpayers that the BIR stops collecting the Annual Registration Fee (ARF) effective January 22, 2024, in compliance with RA No. 11976, the Ease of Paying Taxes Act.

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Key points

  1. No more ARF. Business taxpayers are exempt from filing BIR Form No. 0605 and paying the Five Hundred Pesos (₱ 500.00) ARF for new business and annual renewal.
  2. Existing COR. A BIR Certificate of Registration (COR) that includes the Registration Fee stays valid. Taxpayers may update or replace it by surrendering the old COR at their RDO.

Who is affected

  • Business taxpayers

Deadlines and effectivity

  • ARF no longer collected effective January 22, 2024
  • Optional COR replacement on or before December 31, 2024

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.