AMID the rapid growth of online businesses and activities in the Philippines, the Bureau of Internal Revenue (BIR) has further reinforced and strengthened its regulations on business registration compliance with the issuance of Revenue Regulations (RR) 15-2024, ensuring stricter adherence to the country's tax laws.
In accordance with the said regulations, all persons, whether natural or juridical, engaged in business conducted through physical stores and/or online trade in the Philippines are mandated to register with the BIR pursuant to Section 236(A) of the Tax Code, as amended, and Republic Act 11967 or the Internet Transactions Act of 2023 (ITA). Once registered, the original copy of the Certificate of Registration (CoR) or Electronic Certificate of Registration (eCoR) shall be clearly displayed at the business establishment for those with physical stores, while it shall be kept in the possession of the holder or at the place of residence for persons without a fixed place of business. For online businesses, the eCoR shall be easily accessible and visible to buyers or customers, as displayed on the seller or lessor's webpage, account, page, platform, or application. Lessors and sub-lessors of commercial establishments and operators of digital platforms, including e-marketplaces, are responsible for ensuring that all their lessees and online sellers are properly registered and adhere to the applicable policies, laws, and regulations outlined by the BIR.
Continue reading with one of these options:
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)