BIR Issuances – RMC 14-2024

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The BIR ceased collecting the Payment of Annual Registration Fee Pursuant to Republic Act No. 11976, otherwise known as the “Ease of Paying Taxes Act”.


Revenue Memorandum Circular (RMC) No. 14-2024

24 January 2024

In compliance with RA 11976 or the “Ease of Paying Taxes Act”, the BIR issued this circular to advise all business taxpayers that EFFECTIVE JANUARY 22, 2024, the BIR will CEASE collecting the Annual Registration Fee (ARF) from business taxpayers.

As a result, business taxpayers are EXEMPT from filing BIR Form No. 0605 and paying the FIVE HUNDRED PESOS (Php 500.00) ARF (for new business and annual renewal).

Further, BIR emphasized that business taxpayers with existing BIR Certificate of Registration (COR) that includes the Registration Fee will retain its VALIDITY. These taxpayers may choose to update/replace their COR at their convenience. This can be done by surrendering their old COR at the Revenue District Office where they are registered ON OR BEFORE DECEMBER 31, 2024.

Copy of the RMC can be accessed below.

RMC No. 14-2024.pdf

RMC No. 14-2024 Advisory.pdf

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