3 Steps to Business Permit Renewal – Full Suite

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3 Steps to Business Permit Renewal

Posted on: November 19, 2013 • By: Full Suite

At the start of  every year, businesses are tasked to comply with the renewal of business permits with the Barangay, City Hall (collectively called Local Government Units or LGUs) and the Bureau of Internal Revenue (BIR). Deadline for renewal of permits with the LGUs is on January 20, while the deadline for the annual registration with the BIR is on January 31. You can expect fees to be paid include barangay permit fee, business tax, mayor’s permit fee, sanitary permit, and fire permit among others. Here’s the steps and business permit renewal requirements.

3 Steps to Renewing Your Business Permits

Step 1: Renewal of Barangay Permit

Requirements

Previous year’s barangay permit, originalPrevious year’s official receipt / proof of payment

Procedure

Submit your accomplished application form together with the requirements at the Barangay Permit DivisionWait for the assessmentPay corresponding feesRelease of Barangay Permit, securing of Barangay Permit can be done within a day.

Step 2: Renewal of Mayor’s/Business Permit

Requirements

New Barangay PermitPrevious year’s Mayor’s Permit / Business Permit, originalPrevious year’s official receipt / proof of payment, originalPrevious year’s Income Statement, audited or unauditedContract of Lease (2014, or covering stay during 2014)Local Insurance (Paid at City Hall or external companies)Community Tax Certificate (CTC) / Cedula (Paid and acquired at City Hall)

Procedure

Submission of application form

Submit accomplished application form together with the complete requirements for evaluation. Application form is available at the Business Permits and Licensing Office of City Hall

Assessment

Assessment of necessary fees at the Business Permits and Licensing Office

Payment

Payment of fees is made at the City Treasurer’s Office

Receiving

After processing of payment the City Treasurer’s Office will give you a receiving copy. The receiving copy of payment will be presented upon claiming of Mayor’s Permit

Release of Mayor’s Permit

Present the proof of payment at Business Permits and Licensing Office to claim your renewed Mayor’s Permit.Releasing of renewed Mayor’s Permit will takes 1 to 2 weeks depending on the volume of renewal transactions.

Step 3: Renewal of Registration with the BIR

Requirements

Accomplished BIR form 0605

Procedure

Go to officer-of-the-day in your RDO for assessmentPay the annual registration fee amounting to P 500.00 at any BIR-accredited bank in your RDO

Complying with the requirements of renewing the business registration with the LGUs and the BIR is a good way to start the year. As the saying goes, “it is better to start the year right so that you’ll end the year right”.

http://full-suite.com/blog/how-to-renew-business-permits/

http://www.giancarlocapco.com and http://www.calriger.com

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