SECURING BUSINESS LICENSE

ABOUT THE SERVICE


All business are required to secure a business license by way of paying the corresponding business taxes, fees and other charges before the start of its operation, in the renewal of license, the business tax, fees and other charges must be paid on or before the 20th day of January of every year, or, if paid in semi-annually installments and quarterly installments, payment shall be made as follows: 1st Semi-annually (for January 1-June 30) on or before January 20; 2nd Semi-annual installment (for July 1-December 31) on or before July 20; and quarterly installments, on or before January 20; on or before April 20; on or before July 20; on or before October 20, as the case may be.

For new business, the tax shall be assessed on the basis of its capitalization, except however, on other type or kind of business wherein business taxes are fixed by the local tax code. For renewal, based on the gross sales/receipts of the preceding year.

Failure to pay the taxes or charges within the time required shall subject the taxpayer to a surcharge of 25% of the amount of the taxes, fees or charges plus an interest of 2% per month, but in no case shall the total interest exceeds 36 months.

REQUIREMENTS:


FOR NEW BUSINESS

  • Community Tax Certificate (Individual, Corporation & Partnership).
  • Barangay Clearance for Business (where the business establishment is located) .
  • Contract of Lease (if the applicant is renting the building or land used in the business).
  • DTI Certificate of business name registration, SEC Registration for partnership & corporation, and CDA registration for cooperatives.
  • Authorization letter or SPA authorizing person/representative to transact with CTO.
  • CEEDO clearance (if business is located at public market, town center and “halang -halang” area)

FOR RENEWAL OF BUSINESS

  • Community Tax Certificate (Individual, Corporation & Partnership)
  • Barangay Clearance for Business (where the business establishment is located)
  • Contract of Lease (if the applicant is renting the building or land used in the business).
  • Certified Statement of Gross Sales/Receipts for the preceding year.
  • Joint Statement of Annual Income subject to Gross Receipt tax(for Banks and Lending Institutions)
  • Authorization letter or SPA authorizing person/representative to transact with CTO.
  • CEEDO clearance (if business is located at public market, town center and “halang -halang” area)