FAQ About ChrisImm Sentimo Kumon and to its Services

 Is there an exemption in registering their business in BIR? ChrisImm Sentimo Kumon and to its Services
2 years ago | nelizadoctolero

Is there an exemption in registering their business in BIR?

According to Mr. Ramon Lopez, Secretary of Trade and Industry of the Philippines, small businesses who earned 250,000 and below, and only sell irregularly or homemade items as a hobby are exempted from registering their business with the Department of Trade and Industry and Bureau of Internal Revenue. As per DTI, those online sellers are not yet considered as a business and so they don't need to be registered.