Registration of Books & Accounts CORPORATIONS/PARTNERSHIPS

Newly-Registered (In General)

All corporations, companies, partnerships or persons required by law to pay internal revenue taxes shall keep a journal and a ledger or their equivalents such as subsidiary ledgers, simplified books of accounts.

What this is For:

BIR Form 1903 BIR Form 1903 Application for Registration for Corporations/Partnerships (Taxable/Non-Taxable) Including GAIs And LGUs

Where to File:

For Taxpayers Using Centralized Bookkeeping

BIR Form 1903 at the RDO/LTAD/LTDO where the head office is registered.

The books of accounts shall be registered at the RDO/LTAD I OR II/LTDO of the head office

For Taxpayers Using Decentralized Bookkeeping

BIR Form 1903 at the RDO/LTAD I OR II/LTDO where the head office and its branches are registered.

The books of accounts shall be registered at the RDO/LTAD I OR II of the Head Office or Branch

How to File:

How / Procedure

For Taxpayers Using Centralized Bookkeeping

a) Submit duly accomplished BIR Form 1903 BIR Form 1903 at the RDO/LTAD/LTDO where the head office is registered.

b) Stamping and registration of books:

The books of accounts shall be registered at the RDO/LTAD I OR II/LTDO of the head office before these books are used.

For Taxpayers Using Decentralized Bookkeeping

a) Submit duly accomplished BIR Form 1903 BIR Form 1903 at the RDO/LTAD I OR II/LTDO where the head office and its branches are registered.

b) Stamping and Registration of books: The books of accounts shall be registered at the RDO/LTAD I OR II of the Head Office or Branch before these books are used.

Other Documentary Requirements:

a) Permanently bound books of accounts for registration/stamping or the bound journals and/or ledgers

b) Proof of Payment of Annual Registration Fee (BIR Form 0605) BIR Form 0605 current year

How / Procedure