Business Registration

FAQs

Here are the answers to your questions. Hope these will help clarify things!

Are all requirements to be submitted online or via email? Do I need to physically send them to you (Forms 1905, 1901, 0605 mentioned in the description) and other requirements like IDs and NSO birth certificate? Can these be sent as pdf/scan/photos?

We will need the physical and original documents. Please create 3 copies each. Once accomplished and collated, please send them to Ginger Arboleda/Nicole Villamin: Taxumo Inc. at Unit 121 Avida Citiflex Lane T corner 7th Avenue, Bonifacio Global City, Taguig City 1634.

What does my Taxumo access include?

Includes on-year use of Taxumo Functionalities for Income/Expense Tracking, encoding 2307 entries and Real Time Tax Calculation. Your package includes filing of 2551Q and 1701Q, excluding filing of 1701 form (Annual Income tax Return) for 2019 (Pricing for this has yet to be determined and released).

What do you mean by “per-processing” model?

This is the current commercial pricing of Taxumo.

FUNCTIONALITY PRICE
Taxumo
Functionalities
Income/Expense Tracking
Received 2307 Entry
Real Time Tax Calculation
Delegate Access Add-on
Books of Accounts View Add-on
Late Filing 250**
Non-VAT Forms 2551Q 250*per filing
Personal Income
Tax Forms
1701Q 250*per filing
1701 TBA
8% GRT 8% Gross Receipts Tax TBA

✓ – FREE

* Submission will be by end of April after the end of March
** Additional (on top of filing cost)

The price for 1701 and 8% GRT are still to be announced.  We will also have Taxumo PRO is being sold at an introductory rate of Php 1450. This is already included in your access. Taxumo PRO includes access to our Books of Accounts view and two (2) additional access right to your information.

How to fill out the FORMS?

FORM 1901
• Name
• Address (including barangay)
• Contact Number
• Mother's Name
• Father's Name
• Email address
• TIN
• Date of Birth

FORM 0605
• TIN
• Name
• Address

FORM 1905
• TIN
• RDO
• Name
• Part II: 4E Change in registered address
IF outside metro manila: Put your virtual address (if applicable) or just put your busiess or residential address
IF within metro manila: Put your business or residential address

Do I need to fill out Form 1905? What is approved Form 1905?

If you are an employee before and your business/residential address is different from city of your past employer, you will have to follow these steps:

1st step: Fill out form 1905.(see FAQ #4)
2nd step: Submit your form 1905 to your old RDO.
3rd step: Ask when will your RDO approved your Transfer of RDO (Usually it takes 1 week)
4th step: Go back to your old RDO on the date they said and the they will give you document it can be your Form 1905 with the stamp saying that your RDO approved your Transfer of RDO.
5th step: Submit the document you received to us together with the other requirements

**If you don’t have time to follow these steps, we can help you with that just fill out your Form 1905 and submit it to us together with other requirements but there will be additional fee for that. Just send us an email if you are interested.

Where can I send my payment?

  • After receiving and verifying that your requirements are complete, we will send you the billing statement. Note that in the TAXUMO billing statement, you’ll see that the Taxumo Fee is split into two items:P5,000 charges coming from our partner who processes your registration and P2,950 charges for your TAXUMO subscription. For the actual cost of the registration, we will surrender all official receipts to you and whatever change you may have from registering.

If you are getting the virtual office address, feel free to reply to us and we will

endorse you to our partners from 25D and you can discuss the payment arrangement with them.  

For the fees, you can deposit it to our UnionBank account. The bank details will be included in the billing statement that will be sent.

I don’t have Occupational/Professional Tax Receipt in the list of requirements until now. Is this really required or only if applicable?

Some Revenue District Offices require it, and some don't. So you may submit your documents without it, but in the event the RDO will require it, we will get back to you and we will need you to send it to us to continue processing your registration. The Occupational/Professional Tax Receipt can be requested from your municipal hall.

Take Note: Secure OTR/PTR at least a week or less before sending the docs to TAXUMO.

After I've been registered, how will I receive my Certificate of Registration, journals, books, etc? And will I get copies of the approved forms?

After your business has been registered, we suggest to pick up all of these documents from our office (Unit 121 Avida Citiflex Lane T. corner 7th Avenue, BGC, Taguig City 1634) and schedule an on-boarding meeting to get to know how to use Taxumo.

But you can still opt to deliver your business documents from BIR to you. After we have sent your documents, you can schedule an on boarding session at  txmo.co/appdemo to know more on how to use Taxumo.

Does the approximate total cost cover ALL the expenses for registration? Is it guaranteed that there will be no more additional fees I have to pay to the BIR and that I no longer need to go to the RDO myself ?

Yes, this will cover all of the registration expenses. Unless, you need to submit FORM 1905 (see FAQ #5). We will show you all of the receipts and forward all copies to you.

I’m from outside Metro Manila. I noticed that I have to pay virtual address. Can I not avail that? Why do I need a virtual address in Makati?

You can opt not to avail that especially if you are from CEBU but other than that if you are from other province we won’t be able to process your registration since we (physically) do not have a team in your area to process it for you. Having a virtual address in Manila will allow us to be able to help you. But, we can still guide you on how to register as a licensed or non-licensed professional. Here is an article created by our COO in her blog:

http://txmo.co/freelancertax.

We’re still finding for partner processor around the philippines. 🙂

I can’t afford to pay the fees all at once. Can I pay in installments?

Metro Manila Registration

After receiving the invoice that we sent out
(before starting the registration process)
Php 5,200
After 15 days – Second Payment Php 5,000
After 15 days – Final Payment Php 2,950
TOTAL PAYMENT Php 13,150

Non-Metro Manila Registration

  With Virtual Office With Partner Processor
Endorse you to 25D Virtual Offices; Let us
know if you will avail this. We will wait for
their advice on your payment.
Php 12,000
After receiving your documents (please
use the virtual office's address), we will
send the invoice (before starting the registration
process)
Php 5,200 Php 5,200
After 15 days – Second Payment Php 5,000 Php 3,000
After 15 days – Final Payment Php 2,950 Php 2,950
TOTAL PAYMENT Php 25,150 Php 11,150

*Payment should be via Deposit to our UnionBank account.

*Please let us know if you want to pay via PayPal. PP charges to be absorb by the client.

I’m not Filipino but I want to start a business in the Philippines. Can I avail this package?

Only Filipinos can avail this package. If you are non-Filipino, you will need to open a Corporation or a Partnership.

Do I really have to fill out Special Power of Attorney (SPA)?

Some RDOs require it, so just to be sure, we are requiring you to pass an SPA to save time. If you are from Pasig City (RDO 43), you will surely need to fill out this document. You can simply insert your name, address and TIN on the blank spaces. Print them in 3 copies and sign. Our partner processor will take care of the notarial service.

Additional Services

I don’t have time to follow all the steps for my Form 1905. Can Taxumo handle transfer of RDO?

Yes, but only for some cities and you will have to pay additional service fee for our partner processor. Listed below are the Rates for Transfer of RDO:

Taxumo Biz Reg Metro Manila Cities listed below* Metro Manila Cities not listed Non-Metro Manila with Partner Processor
Processing fee for our Partner Php 1,000 Php 1,500 Php 1,000
Taxumo Subscription Php 2,950

* Includes unlimited filings for one year
(for forms 2551Q and 1701Q) and access
toTaxumo Pro features for one year.

* Subscription will start when we delivered your
Business Documents from RDO-BIR.

Php 2,950

* Includes unlimited filings for one year
(for forms 2551Q and 1701Q) and access
toTaxumo Pro features for one year.

* Subscription will start when we delivered your
Business Documents from RDO-BIR.

Php 2,950

* Includes unlimited filings for one year
(for forms 2551Q and 1701Q) and access
toTaxumo Pro features for one year.

* Subscription will start when we delivered your
Business Documents from RDO-BIR.

Shipping Fee Php 250 Php 250 Php 250
Areas Included Makati City, Taguig City, Manila City, Mandaluyong City, Muntinlupa City, Las Pinas City, Paranaque City, Calamba City, Binan City * Other cities in Metro-Manila not included in the list Other provincial cities
Total Cost Php 4,200 Php 4,700 Php 3,200

I don’t have time to follow all the steps for my Form 1905. Can Taxumo handle transfer of RDO?

Yes, but only for some cities and you will have to pay additional service fee for our partner processor. Listed below are the Rates for Transfer of RDO:

Price Rate For Cities:
Php 1,000 • Makati
• Taguig
• Manila
• Mandaluyong
• Muntinlupa
• Las Pinas
• Paranaque
• Calamba
• Binan
• San Juan
Additional Php 500 Other Greater Manila Cities not mentioned

Note: RDOs in cities not mentioned above shall be on Client’s accord

Can Taxumo also handle securing my OTR / PTR?

For now we won’t promise that we can secure your OTR/PTR but we can try.Just let us know which city you are in and we’ll confirm to sir Rey Macrohon if it is possible 🙂

For Makati, their Municipal hall does not issues OTR – Copy of contract will suffice.

For Muntinlupa and Pasig they have an additional requirement that will need personal presence for securing Health Certificate as a requirement.

For Taguig , they need personal presence of the person securing an OTR.

I want to register as a sole proprietor is that possible? What are the additional requirements?

Yes. We will need you to submit all the documents you will get from

the municipal hall like the following.

❏ DTI

❏ Lease Contract if Rented

❏ Birth Certificate

❏ 1 2×2 ID picture

❏ Valid ID Copy

❏ Picture of Business Address (Inside and Outside)

Here is the additional rate for Sole Proprietorship:

Additional Fees for Out-of-Scope Work Payable to Rey Macrohon
Processing for Barangay, Business Permit
1. Barangay Permit
2. Business Permit
    +   Actual Projected Fees

*note that miscellaneous / projected actual fees will be known during actual filing

As soon as requirements are submitted Php 12,000 +

1. Barangay Permit – Php 1,000.00
2. Business Permit – Php 6,000.00

I am already registered as Self-employed/Sole Proprietor. Can you help me change from VAT taxpayer to Non-VAT taxpayer?

Yes. You can avail our package where we will help you to convert from VAT taxpayer to Non-VAT taxpayer, one year use of Taxumo (unlimited filings with Taxumo PRO access.

Price Rate For cities:
Php 7,200 Makati
Taguig
Manila
Mandaluyong
Muntinlupa
Las Pinas
Paranaque
Calamba
Binan
Php 7,700 Other Greater Manila Cities

TAKE NOTE: This package from Taxumo at Php 2,950 includes one year access to file 2551Qs and/or 1701Qs (excluding the annual 1701). It also include Taxumo PRO features. While the Php 1,000 or Php 1500 charges are from our partner who will process your Form 1905.

REQUIREMENTS:

❏ Form 1905

❏ Special Power of Attorney  

❏ Original Copy of COR

❏ Books of Accounts

❏ Official Receipts

Here are the things you need to fill out in Form 1905 for changing from VAT to Non-VAT:

❏ TIN

❏ RDO Code

❏ Name (we recommend to double check your COR and check the matching fields there

❏ Part II-6G: Under Tax Types write “Value-Added Tax” (BIR will fill out the rest of these fields.)

❏ Part II-10: Fill out and sign these sections.

❏ The Audited Financial Statements and Income Tax Return forms for the past 3 years