MANILA, Philippines — The Bureau of Internal Revenue (BIR) is streamlining the documentary requirements for business registration. This initiative aims to cut red tape and spare applicants from delays or outright rejection.
Revenue Memorandum Circular 74-2025, issued on July 18, updated the checklist to align with the implementing rules and regulations of Republic Act. This move is expected to simplify the registration process and encourage compliance among businesses.
https://business.inquirer.net/547847/bir-simplifies-business-registration-requirements