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ARTICLE · 28 NOVEMBER 2018

How To Handle Business Permit Renewals In Philippines

The rules surrounding the annual renewal of business permits in the Philippines are complex and with the 20 January deadline looming, now is the time to prepare your business.

PhilippinesCorporate/Commercial Law

The rules surrounding the annual renewal of business permits in the Philippines are complex and with the 20 January deadline looming, now is the time to prepare your business.

The business permits of all registered entities in the Philippines normally expire at the end of each year (31 December). All businesses must process the renewal of their permits within the period of 01 January until 20 January of each year.

All businesses that have been issued a permit last year must renew with the same local government unit in the area where the business operates. All businesses in the Philippines should plan ahead to avoid being inconvenienced by long lines, payment of potential penalties or the prohibition of business operations.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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