SSS Conducts Nationwide RACE for Contribution Compliance

The Social Security System (SSS) recently launched simultaneous Run After Contribution Evaders (RACE) operations in 108 locations across the Philippines. These operations aim to encourage non-compliant employers to report all…

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Learn the Specific Nuance of VAT and Income Tax

If you’re a businessman, it’s critical to understand the various taxes that the government can impose on your operations. Apart from an annual income tax, you could be remitting VAT.…

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Grow Your Business By Choosing a Good Accounting Firm

Small businesses make up the vast majority of currently operating private businesses. They are important because they contribute significantly to the creation of jobs in the country. However, since small…

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What’s the Diff: Accounting v.s. Auditing

Two important processes that deal with an organization's financial transactions and records are accounting and auditing. According to accounting services in the Philippines, both have distinct objectives and responsibilities, but…

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5 Best Tools to Help You Track Business Expenses in 2023

As a business owner, there are many things you need to take care of. Part of running a business includes regularly keeping track of all your business transactions and expenses.…

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Learn About Foreign Ownership of Corporations in the PH

A lot of foreigners are looking to invest in the Philippines because of the country’s strategic location. And it also helps that most Filipinos can speak English. Are you a…

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