Businesses require registration with the Bureau of Internal Revenue (BIR) not only to guarantee that they conform with tax laws but also to begin operating their company.
For businesses to register with the BIR, owners must secure several documents, such as a valid ID containing their full name and address. In addition, they will also need to present proof of ownership of the business or company, if any. The BIR will then assign the business an identification number known as the Taxpayer Identification Number (TIN).
If you need assistance to fulfill the registration requirements, Financial Accelerators can help you. Financial Accelerators has expertise in assisting business owners with BIR registration and related matters, such as tax compliance. Financial Accelerators ensures that businesses fully comply with the BIR’s regulations.