RMC No. 121-2023: Announces the updated features and functionalities of the Online Registration and Update System (ORUS)

Summary

RMC No. 121-2023 announces updated features of the Online Registration and Update System (ORUS), available starting November 21, 2023.

Key points

1. New features. ORUS adds Taxpayer Identification Number (TIN) Inquiry, access to the Digital TIN ID, and MyEG as an online payment facility.
2. Primary and secondary registration. Primary registration covers business registration with electronic COR and ATP, TIN issuance for foreign individuals, EO 98 and One-Time Transaction taxpayers, new branches and facilities, and address changes. Secondary registration covers ATP, registration of books of accounts, Permit to Use (PTU) Loose-leaf and Computerized Accounting System registration.
3. Information updates and other facilities. Updates include the 8% Income Tax Return option, change in accounting period, tax incentives, contact details, stockholders, tax types, business names, lines of business, registered name and civil status. Other facilities include business closure, TIN cancellation, PTU and CAS cancellation, online TIN verification and the BIR Registered Business Search.
4. Access. Taxpayers with an ORUS account log in to use the features. Those without an account enroll following RMC No. 122-2022.

Who is affected

• Taxpayers using ORUS

Deadlines and effectivity

• Available starting November 21, 2023

Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.