Former Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr. officially handed over the reins to newly appointed BIR Commissioner Charlito Martin R. Mendoza
As posted on BIR’s Facebook – Former Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr. officially handed over the reins to newly appointed BIR Commissioner Charlito Martin R. Mendoza in a ceremony on November 17, 2025. The turnover ceremony was witnessed by the entire BIR family, with the regional offices attending online via Zoom. […]
Technology Outsourcing in the Philippines 2025
Posted on Chambers and Partners official Website: BPO BPO is evolving with trends such as the integration of robotic process automation (RPA) and AI, a heightened focus on customer experience (CX), and support for digital transformation. The adoption of cloud-based solutions, advanced analytics, and knowledge process outsourcing (KPO) is also prominent. The industry is adapting […]
Clarification on the Documentary Requirements for Business Registration Being Signed by the Assistant Corporate Secretary of a Corporation
On BIR’s Social Media Page – Revenue Memorandum Circular No. 91-2025 – Clarification on the Documentary Requirements for Business Registration Being Signed by the Assistant Corporate Secretary of a Corporation – Read full article below. https://bir-cdn.bir.gov.ph/BIR/pdf/RMC%20NO.%2091-2025.pdf?fbclid=IwY2xjawN0_7VleHRuA2FlbQIxMABicmlkETFaSXR5aFVXNlZZMGY1UnZNAR7LWPaUV6-xJmy_OaDndlid6MWD0TlmqcqG9W7-BXUfR691NRCECDneDXWHgw_aem_YT0qdhnFFFZY6vIrSxI1gQ
SEC Calls for comments
As posted on SEC’s Facebook – The Securities and Exchange Commission (SEC) is publishing the draft Memorandum Circular titled โRecalibrated Ceilings on Interest Rates and Other Fees Charged by Financing Companies, Lending Companies, and Their Online Lending Platformsโ for public comment. The draft MC applies to unsecured, general-purpose loans not exceeding P20,000.00 and with a […]
SECEconomics – 2025
The SEConomics September 2025 issue features key developments in the global equities and fixed income markets, the countryโs national debt, and the enactment of Republic Act No. 12253, or the Enhanced Fiscal Regime for Large-Scale Metallic Mining Act. Global equities climbed in September, supported by rallies in U.S. markets following the Fedโs first rate cut […]
BIR’s ORUS is now available
From BIR Commisioner’s social media post – “Magandang balita! Maaari nang ma-access ang Internal Revenue Integrated System (IRIS-TRS) at Online Registration and Update System (ORUS) simula October 2, 2025, 7:00 AM.” This platform is for internal and external use!
SEC Academy is ONLINE
SEC Academy which aims to educate the public on SEC’s function. “The SEC Academy is a user-friendly platform that offers free access to a variety of resources designed to empower individuals and organizations with the necessary knowledge to start and manage a business, invest in the capital market, avoid investment scams and other predatory schemes, […]
BIR UPDATE – Revenue Memorandum Circular No. 84-2025
As posted on BIR’s page – Revenue Memorandum Circular No. 84-2025 Circularizing DOF Department Order No. 012-2025 re: “Revised Schedule of Filing Fees Imposed on Applications for Tax Exemption Indorsements (TEIs) and Non-TEIs in the Revenue Office” Full text: https://tinyurl.com/3sr75rr8 D.O. No. 012-2025: https://tinyurl.com/de6rmt6n
๐ฆ๐๐ ๐ข๐จ๐ง๐๐๐ก๐๐ฆ ๐ฅ๐จ๐๐๐ฆ ๐ข๐ก ๐๐ซ๐๐ ๐ฃ๐ง ๐ง๐ฅ๐๐ก๐ฆ๐๐๐ง๐๐ข๐ก๐ฆ ๐จ๐ก๐๐๐ฅ ๐ฆ๐ฅ๐
The Securities and Exchange Commission (SEC) has released guidelines on exempt transactions under Section 10 of the Securities Regulation Code (SRC), streamlining procedures to promote ease of doing business while ensuring investor protection. This amendment clarifies when confirmation of exemption and payment of fees are required, providing greater transparency and predictability for companies and market […]
๐ฆ๐๐, ๐๐ข๐ ๐๐ถ๐ด๐ป ๐ฏ๐ฒ๐ป๐ฒ๐ณ๐ถ๐ฐ๐ถ๐ฎ๐น ๐ผ๐๐ป๐ฒ๐ฟ๐๐ต๐ถ๐ฝ ๐ฑ๐ฎ๐๐ฎ ๐๐ต๐ฎ๐ฟ๐ถ๐ป๐ด ๐ฑ๐ฒ๐ฎ๐น
The Securities and Exchange Commission (SEC) has signed a Data Sharing Agreement (DSA) with the Department of Finance (DOF) to strengthen transparency and accountability in the extractive sector through the Philippine Extractive Industries Transparency Initiative (PH-EITI). The deal enhances access to beneficial ownership data of companies in line with global standards, supporting efforts to combat […]
