2 June 2025
The Bureau of Internal Revenue (BIR) recently published Revenue Memorandum Circular No. 47-2025, this gives further detailed guidance relating to the introduction of VAT on digital services provided by foreign providers to local Filipino consumers and non-VAT registered resident businesses from 1 June 2025.
The BIR have opened a new simplified VAT registration portal and have confirmed that affected companies will not be required to register until they exceed an annual threshold of PHP 3 million (approx. £41,000).
There is no need to engage a local tax agent or fiscal representative to VAT register in the country.
Are you trading globally? Whether you require basic VAT advice or specific VAT compliance support, Fiscal Solutions can help. Our team of multi-lingual experts are knowledgeable in all the different VAT rules in Europe and around the world.
We help you simplify today’s complexities and address tomorrow’s challenges. The values we represent, and our consistent advice, mean you can trust Fiscal Solutions to do the right thing – for you and your organisation.
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