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  1. #1
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    Is it required to get BIR registration for a non-operating company?

    Kindly advise if we need to get BIR Certificate of Registration for a non-operating company? The company is already registered with SEC but still non-operating as of today. What are the penalties of non-registration to BIR? Thanks a lot for your help.

  2. #2
    Chief viclogic's Avatar
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    The basic rule is to get registered with the BIR before you start operation. You cannot start operation unless you register with the BIR.
    If indeed you have not started operations yet, I think there is no penalties yet for non-registration with the BIR.
    However, I advise that you register already so that you will not be having trouble when you start operation.
    Another thing. When you register with SEC as a corporation, there should be Documentary Stamp Tax that must be paid for the subscription of the shares of stock - and there is a deadline with that. Have you paid the docs stamp?
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  4. #3
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    Thanks Vic for your advice. Yes, we already paid the doc stamps upon SEC registration.

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