Manila, July 3 -- ed Tape Authority (ARTA) is meeting with the Bureau of Internal Revenue (BIR), the Department of Trade and Industry (DTI), Securities and Exchange Commission (SEC), and the Department of the Interior and Local Government (DILG) on Friday to discuss how to make the business registration more efficient in this time of the pandemic.
The convening of the agencies involved in business registration is the part of ARTA's efforts to ease doing business, particularly for online sellers.
On June 1, the BIR released Revenue Memorandum Circular No. 60-2020 which reiterates the obligations of persons conducting business transactions through digital means, such as but not limited to online retailers, to register with BIR pursuant to S...