Register Your Business in the Philippines

The biggest mistake I see entrepreneurs, founders, or freelancers make is that they generate revenues, but they postpone or hesitate to get their business registered. As a result they put themselves or their business at risk because generating revenues and operating without business permits here in the Philippines can result in huge fines and penalties, imprisonment and permanent business closure. And I totally get it… As an entrepreneur, you are most likely prioritizing and spending the majority of your time in making more sales and running your business. And you have been operating this way and making money without getting noticed by the government… So why register when the registration process here in the Philippines is very time-consuming, confusing and hard, right? But what people don’t realize is that penalties and business closures are really going to happen at some point. It will happen, it’s just a matter of time when. And the longer you wait, the more you’re rolling the dice and gambling that it’s not going to happen to you and your business. Because BIR and the Philippine government have doubled down its efforts to penalize unregistered and non-compliant businesses. For example, BIR’s oplan kandado closed 179 establishments and collected P987.74 million. “BIR says it’s running after skincare entrepreneur ‘flexing’ on social media” BIR files complaints against 69 corporations, individuals, and accountants for tax evasion. And many more… So, it’s really up to you, you could continue to stay unregistered, roll the dice and take the risk of getting penalized, or, worse, ordered to shut down your business. Or you could do what successful entrepreneurs, founders, and freelancers do, which is to get registered and save money on taxes. If that’s you then click the link below to learn how you can get your business registered fast, avoid penalties and take advantage of all the incentives the government has setup for you. Click here: https://www.phortal.ph/get-your-biz-registered