by Roma Mendenueta | Sep 30, 2025 | Business Tips, Doing Business in the Philippines, Tax Compliance
Do you find yourself struggling with meeting the monthly deadlines and staying up all night just to finish the books? We feel you. Bookkeeping cannot be done in just one sitting – you need to be strategic in every deadline that you should meet. Contrary to common...
by Roma Mendenueta | Sep 26, 2025 | Tax Compliance, Business Tips, Doing Business in the Philippines
Many businesses in the Philippines struggle with tax compliance, making common mistakes like late filing, inaccurate tax computations, and poor recordkeeping. The country’s tax-to-GDP ratio of 18.4% falls below the regional and OECD averages, reflecting gaps in proper...
by Roma Mendenueta | Sep 24, 2025 | Tax Compliance, Business Tips, Doing Business in the Philippines
In creating sound financial management, effective tracking of business expenses and receipts is one of the fundamentals you should live by. The Bureau of Internal Revenue (BIR) in the Philippines mandates thorough substantiation for expense deductibility. If you fail...
by Roma Mendenueta | Aug 15, 2025 | Business Tips, Doing Business in the Philippines, Tax Compliance
Paying local taxes is important for businesses in the Philippines. Cities and municipalities collect taxes like business permits, property taxes, and community taxes to fund local services. Many businesses make mistakes like missing deadlines or not securing the right...
by Roma Mendenueta | Aug 8, 2025 | Business Tips, Doing Business in the Philippines, Tax Compliance
A new law has been enacted and signed by President Ferdinand R. Marcos, Jr., on May 29, 2025, entitled Republic Act No. 12214, also known as the Capital Markets Efficiency Promotion Act (CMEPA). This law aims to be a game-changer — to have a major overhaul on...
by Roma Mendenueta | Jul 22, 2025 | Tax Compliance, Doing Business in the Philippines
Nowadays, many Gen Z and Millennials are launching their businesses with a digital-first mindset. Taking advantage of online stores, freelancing, content creation, and consultancy, among others, is a big leap, especially for startups. However, it is common that many...
