The Bureau of Internal Revenue (BIR) has made a significant leap towards simplifying tax compliance in the Philippines.

With the release of Revenue Memorandum Circular (RMC) No. 121-2023, the BIR introduced enhancements to the Online Registration and Update System (ORUS), aiming to streamline registration processes for individuals and businesses alike.

Here is a list of the latest features and functionalities designed to make registration and updates with the BIR faster and more convenient.

 

Primary Registration

  • Registration of business and issuance of electronic Certificate of Registration (COR) and Authority to Print (ATP) with e-Payment of Registration Fee and Loose Documentary Stamp Tax (DST);
  • Issuance of taxpayers Identification Number (TIN) for foreign individuals;
  • Issuance of TIN for Taxpayers under Executive Order 98 (E.O. 98) and One-Time Transactions Taxpayers;
  • Registration of Non-Resident Foreign Corporation (NRFC);
  • Conversion of Non-Business Taxpayers (e.g. Employee, E.O. 98) with existing TIN to Business Taxpayers;
  • Registration of New Branch;
  • Registration of New facility;
  • Employer Account Enrollment to facilitate the TIN issuance of employees Update/Change in Registered Address or Transfer of Registration.

 

Secondary Registration

  • Application for ATP;
  • Registration of Books of Accounts;
  • Registration of Permit to Use (PTU) Loose-Leaf;
  • System Registration of Computerized Accounting System (CAS).

 

Registration Information Update

  • Availment of 8% Income Tax Return Option;
  • Submission of Application for Change in Accounting Period;
  • Registration/Addition of Tax Incentive;
  • Change/Update of Contact Type;
  • Change/Update of Contact Person/Authorized Representative;
  • Change/Update of Stockholders/Members/Partners;
  • Addition of Tax Type;
  • Registration of Additional Business/Trade Name;
  • Registration of Additional Line of Business;
  • Change in Registered Name of Non-Individual taxpayer;
  • Update/Change in Registered Address or Transfer of Registration;
  • Update/Change of Civil Status.

 

Other Online Facility

  • Submission of Application for Closure or De-registration of Business;
  • Submission of Application for TIN Cancellation;
  • Application for cancellation for PTU Loose-leaf and Acknowledgement Certificate (AC) of CAS;
  • Online Verification of TIN;
  • BIR Registered Business Research Facility;
  • TIN Inquiry.

 

Looking Forward

The new updates to ORUS show the BIR’s commitment to improving its services and keeping up with the changing needs of taxpayers in today’s digital world. As more features become available, we can expect the BIR to keep adding improvements as part of its digital transformation.

This progress not only makes things easier for taxpayers but also shows the BIR’s goal of creating a more efficient and accessible tax system.

For taxpayers, this means managing taxes online will be simpler, quicker, and safer. With ORUS now easier to use, it’s the perfect time to try out the platform’s new features.  If you are still unsure how to start, our team at DJKA Business Services provides end-to-end assistance in all your business and tax compliance needs. Just email us at info@djkaaccounting.com for more details.

About Divina Joy Ayungo-Martinez, CPA

Divina Joy Ayungo-Martinez, has 10 years of accumulated working experience with a vigorous background in general accounting, financial statements and management reports preparation. In 2014, she started her service-based business to help various small businesses here in the Philippines with their business registration, accounting, and tax compliance needs. Throughout her journey, she dealt with clients in a variety of industries including startups, small and medium-sized enterprises, manufacturing, and trading by providing tailored business solutions for their company needs. Divina wakes up each morning to serve businesses with their non-core business processes to help them stick to the things they are really passionate at.