*** Know the different business taxes here in the Philippines that every entrepreneur need to familiarize with. ***

In this video, Suzan Bigay, the President and CEO of DMKompass Inc., gave an overview of the basic taxes and how each one is computed as well as their requirements.

The discussion includes:
1.) Value-Added Tax (VAT)
2.) Percentage Tax
3.) Income Tax

She also gave helpful tips in registering your business, like taking advantage of the Republic Act 10644 or the Go Negosyo Act and the Barangay Micro-Business Enterprise (BMBE Law), where businesses with not more than P3 Million capitalization are exempted from paying taxes!

This is a great help for new entrepreneurs, right?

So watch this episode and learn from about the different business taxes here in the Philippines.


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