AS we approach the conclusion of 2023, amid the hustle and bustle of year-end activities, one crucial matter often overlooked by business proprietors is the onset of the business permit renewal season. While registering is the first and most important step, renewing your permits is essential since it allows you to operate legally. It ensures you comply with all requirements, such as paying taxes and following health and safety standards. You wouldn't want to eat in a restaurant that doesn't have an updated sanitation permit, right?

The deadline for business permit renewal typically falls on January 20, and avoiding a last-minute rush to fulfill this requirement in the new year is highly advisable. Permitly Philippines, a partner in business registration and compliance, suggests initiating the renewal process as early as November. This strategic approach allows entrepreneurs to relish the holiday season while ensuring compliance with local governmental stipulations.