What BIR needs from you after the January permit renewal

BIR dates in the first half of 2027

Why some people still tell you to pay ₱500 in January

Before 2024, BIR's ₱500 fee was paid for new businesses and for "annual renewal", in the words of RMC 14-2024, so checklists paired it with the January permit renewal. Those lists were written before the fee ended. The Philippine Information Agency reported in January 2024 that BIR had waived the fee and that Form 0605 is no longer required for it.^[2,3]

If someone offers to "renew your BIR" for a fee, ask what exactly they are filing. BIR's own FAQ says you register only once.^[1]

Your COR: keep it, keep it displayed

RR 11-2024 says a Certificate of Registration keeps its validity even though the registration fee is printed on it, so you do not need a new one. Update it only when your registration details change.^[4]

BIR requires the original COR to be displayed in a conspicuous place, at the head office and at each branch. Each branch has its own COR. After you put up your new 2027 mayor's permit, check that your COR is still on the wall beside it.^[1]

Where BIR and the city renewal meet

The city uses your BIR filings to assess your business tax. Taytay accepts financial statements, your ITR, or your 2550Q or 2551Q returns as proof of gross receipts. Makati asks for the prior year's ITR and audited financial statements filed with BIR.^[10,11]

That is why the first BIR deadline of the year matters for the renewal too. Your 2551Q for October to December 2026 is due by 25 January 2027, within 25 days after the quarter ends. File it early and you have your full-year 2026 sales figure ready for the BPLO.^[5]

If you chose the 8% income tax

Self-employed individuals with gross sales and other non-operating income of ₱3,000,000 or less may opt for 8% on sales above ₱250,000. If you also earn a salary, the 8% is on all your sales, with no ₱250,000 reduction. The 8% is paid in lieu of the graduated rates and the percentage tax, so you do not file 2551Q. You still file 1701Q each quarter and the annual 1701.^[6,12]

Filing and invoices after EOPT

Under RR 4-2024, returns are filed electronically on any available platform, and the old 25% penalty for filing with the wrong revenue office is no longer imposed. BIR names GCash, LandBank Linkbiz and DBP Tax Online as payment channels for percentage tax.^[7,5]

Your sales document is an invoice. BIR says official receipts are now supplementary documents and not valid for claiming input tax. RR 6-2026, dated 1 October 2026, adds creditable withholding tax information to what an invoice must show, with transitory rules in RMC 112-2026. Ask your printer whether your 2027 invoices need the new field.^[8,9]

Questions people ask

Do I need to renew my BIR registration every year?

No. BIR says you register only once, before you start business. The annual registration fee was removed from 22 January 2024.

My COR still shows "Registration Fee ₱500". Do I need a new one?

No. RR 11-2024 says the COR keeps its validity even with the fee printed on it, and you no longer pay the fee.

Is Form 0605 still needed in January?

Not for the annual registration fee. RMC 14-2024 says business taxpayers are exempt from filing Form 0605 and paying the ₱500 ARF.

Can I file my BIR returns at any RDO?

Under RR 4-2024, returns are filed electronically, and the 25% penalty for filing with an officer other than the one required is no longer imposed.