What to do after getting a Certificate of Registration with BIR
Wednesday, March 29, 2023 ꞏ 2 min read
Congratulations for successfully obtaining your Certificate of Registration (COR) or Form 2303 from the Bureau of Internal Revenue (BIR). Here are several things you need to do next:
Step 1: Review your documents
The first thing you need to do after receiving your COR is to review your documents. This step is crucial to ensure that everything is in order. You need to review your documents against the following checklist:
- COR
- Form 0605 and proof of payment
- BIR Signage
If any one of these items is missing, you must reach out to your Revenue District Office (RDO) immediately and get advice from them.
Step 2: Acquire your Books of Accounts and Authority to Print
In most cases, the books of accounts and official receipts are processed along with the COR. Form 1901, which is the registration form used to secure the COR, contains sections that allow the books of accounts and Authority to Print (ATP) to be processed.
Your Books of Accounts should be properly labeled, stamped and signed by the BIR before the deadline for filing of the first quarterly income tax return or the annual income tax return whichever comes first. The ATP, and correspondingly the Official receipts, must be properly secured prior to commencement of business and within 30 days from the time the COR was acquired.
Step 3: Identify your tax types and filing schedules
Your COR indicates the tax types that the BIR has assigned to you. It is crucial to identify your tax types, their respective filing schedules, and the forms you need to utilize per tax type. BIR determines your Tax Types, depending on your situation. Here are three tax types usually available to Doctors, and their respective schedules and tax forms:
| Tax Type | Quarter | BIR Form Used | Tax Filing Deadline |
| Registration Fee | Annual | 0605 | January 31 |
| Individual Income Tax | 1st Qtr | 1701Q | May 15 |
| 2nd Qtr | 1701Q | August 15 | |
| 3rd Qtr | 1701Q | November 15 | |
| 4th Qtr/Annual | 1701A or 1701 | April 15 of the following year | |
| Percentage Tax | 1st Qtr | 2551Q | April 25 |
| 2nd Qtr | 2551Q | July 25 | |
| 3rd Qtr | 2551Q | October 25 | |
| 4th Qtr | 2551Q | January 25 of the following year |
Depending on your specific situation, there could be other tax types. As soon as you have identified the Tax Types indicated in your Certificate of Registration, it is important to know your tax filing schedules and forms.
Important: Failure to file your tax returns properly and on time may result in Open Cases with BIR which can result in penalties.
The information provided in this article is for general informational and educational purposes only and is not intended to serve as legal or tax advice. The contents of this article do not supersede any revenue regulations or pronouncements issued by the Bureau of Internal Revenue (BIR) or any other relevant authorities.
This article contains condensed information, and specific circumstances can vary among doctors or other taxpayers. As such, the content should not be relied upon as a basis for any legal or BIR proceedings, nor should it be considered a substitute for professional tax advice.
Readers are encouraged to consult with a tax professional to address their specific situations and to obtain tailored guidance regarding their tax obligations and compliance. The primary aim of this article is to provide a better understanding of BIR rules and taxation in general, and it should not be used as the sole basis for making decisions related to tax matters.