RMC No. 70-2013: Corrects and provides clarifications on the list of documentary requirements on application for registration

Summary

RMC No. 70-2013 corrects and clarifies the list of documentary requirements for registration applications published as Annex A of Revenue Regulations No. 7-2012.

Key points

1. Individuals and estates. Self-employed individuals and individual TIN issuance need the NSO Certified Birth Certificate, with a passport for local employees and individual TIN issuance in the case of a non-resident alien not engaged in trade or business. Estates need judicial settlement.
2. Cooperatives and associations. Cooperatives need Articles of Cooperation. Home Owner’s Associations need a copy of the HLURB Certificate of Registration and Articles of Association.
3. One-time transactions. For claim of winnings under ONETT, a certification from the awarding company or person is required.
4. Transfer of registration. Transfer to another RDO needs the original Certificate of Registration, an inventory list of unused principal and supplementary receipts or invoices, and the unused receipts or invoices for re-stamping. A sketch of the place of production is added for taxpayers subject to Excise Tax.
5. Changes in registration. Change in registered name or trade name needs the original Certificate of Registration and the amended SEC Registration or DTI Certificate. Change or addition of activities, line of business or tax type details needs the original Certificate of Registration.
6. Books and accounting period. Update of books of accounts needs a photocopy of the first page of the previously approved books. Change in accounting period needs BIR written approval and a photocopy of the short period return filed.

Who is affected

• Self-employed individuals
• Estates
• Cooperatives
• Home Owner’s Associations
• Taxpayers applying for registration or registration changes

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