ET&CO BUSINESS SOLUTIONS Basic BIR Compliance Presented by Lorraine Escorel-Tinimbang • Understand BIR compliance essentials. • Gain confidence in managing tax responsibilities. • Learn how we can support your business. ET&CO BUSINESS SOLUTIONS 2025 • Choosing a Business Structure: Sole Proprietorship, Partnership, Corporation. • Essential Registrations: ⚬ DTI for sole proprietors. ⚬ SEC for partnerships and corporations. • Local Permits: Barangay Clearance, Mayor’s Permit. ET&CO BUSINESS SOLUTIONS 2025 • Documents Needed: DTI/SEC Registration, Local Permits, TIN, Forms 1901/1903. • Processes: ⚬ Obtain Certificate of Registration (COR). ⚬ Register Books of Accounts. ⚬ Apply for Authority to Print (ATP). • Tax Types: VAT vs. Non-VAT. ET&CO BUSINESS SOLUTIONS 2025 • Forms to File: 2551Q (Percentage Tax), 1701Q/1702Q (Quarterly Income Tax), 1701/1702 (Annual Income Tax). • Filing Deadlines: Highlight quarterly and annual deadlines. • Penalties for Late Filing: Overview of surcharges and interest rates. ET&CO BUSINESS SOLUTIONS 2025 • Annual Registration Fee: Due every January 31. • Recordkeeping: ⚬ Types of Books of Accounts. ⚬ Retention period (10 years). • Avoiding Penalties: Tips to stay audit-ready. ET&CO BUSINESS SOLUTIONS 2025 • Services: ⚬ Business registration assistance. ⚬ Tax compliance support. ⚬ Audit preparedness. • Why Choose Us: Trusted by microbusinesses, proactive reminders, expert advice. ET&CO BUSINESS SOLUTIONS 2025 • Ask your questions. • Sign up for a free consultation. • Stay connected (contact details and social media). ⚬ https://www.facebook.com/etcobusiness ⚬ anna.tinimbang.etcobusiness@gmail.com ⚬ +63 967 087 9058 ET&CO BUSINESS SOLUTIONS 2025
