Legal requirements - PH
Philippines
Author: Ljubica Blagojević
It is a detailed reference document that aims to define the full set of legal, regulatory, technical, and procedural requirements for operating in the Philippines' fiscal environment. It covers every compliance obligation necessary for POS systems, retailers, and software developers.
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Already subscriber? LoginIt is a detailed reference document that aims to define the full set of legal, regulatory, technical, and procedural requirements for operating in the Philippines' fiscal environment. It covers every compliance obligation necessary for POS systems, retailers, and software developers.
Recorded webinar: From OPOS to the Future of AI-Driven Retai
<p dir="auto" style="white-space: pre-wrap; text-align: justify;">Retail technology doesn’t work without standards. Behind POS systems, eReceipts, and the technologies connecting the retail ecosystem are standards that have evolved for decades—from OPOS and ARTS to today’s landscape. What’s next? In this webinar, Roland Zališevskij, Co-Founder of Fiscal Solutions, explores the evolution of retail standards.</p> Read more
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Already subscriber? LoginRetail technology doesn’t work without standards. Behind POS systems, eReceipts, and the technologies connecting the retail ecosystem are standards that have evolved for decades—from OPOS and ARTS to today’s landscape. What’s next? In this webinar, Roland Zališevskij, Co-Founder of Fiscal Solutions, explores the evolution of retail standards.
Legal Q&A - PH
Philippines
Author: Ljubica Blagojević
The Q&A document is an essential resource that provides clear answers to the most frequently asked questions in retail. It saves valuable time by consolidating complex information into a practical and accessible format. Prepared by our team of experienced experts.
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Already subscriber? LoginThe Q&A document is an essential resource that provides clear answers to the most frequently asked questions in retail. It saves valuable time by consolidating complex information into a practical and accessible format. Prepared by our team of experienced experts.
Revenue Memorandum C No. 5-2021 Annex B
Philippines
Author: Ljubica Blagojević
RMC No. 5-2021, Annex B, is the BIR evaluation checklist for computerized accounting systems compliance in the Philippines.
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Already subscriber? LoginRMC No. 5-2021, Annex B, is the BIR evaluation checklist for computerized accounting systems compliance in the Philippines.
List of Sample Invoices
Philippines
Author: Ljubica Blagojević
This BIR reference guide illustrates the required structural layouts and mandatory fields for issuing principal invoices and supplementary receipts under Philippine tax laws.
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Already subscriber? LoginThis BIR reference guide illustrates the required structural layouts and mandatory fields for issuing principal invoices and supplementary receipts under Philippine tax laws.
Revenue Memorandum Order No.24-2023
Philippines
Author: Ljubica Blagojević
RMO No. 24-2023 mandates BIR accreditation and registration for sales machines and e-invoicing software to ensure tax compliance in the Philippines.
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Already subscriber? LoginRMO No. 24-2023 mandates BIR accreditation and registration for sales machines and e-invoicing software to ensure tax compliance in the Philippines.
Republic Act No. 10963 (Tax Reform for Acceleration Act)-2017
Philippines
Author: Ljubica Blagojević
The TRAIN Law (Republic Act No. 10963) modernizes the Philippine tax framework to raise revenue and simplify compliance.
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Already subscriber? LoginThe TRAIN Law (Republic Act No. 10963) modernizes the Philippine tax framework to raise revenue and simplify compliance.
Republic Act No 11976 (Ease of Paying Taxes Act)- 2023
Philippines
Author: Ljubica Blagojević
Republic Act No. 11976 (Ease of Paying Taxes Act) simplifies Philippine tax rules by standardizing electronic filing, updating VAT invoicing, and offering reduced penalties for smaller businesses.
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Already subscriber? LoginRepublic Act No. 11976 (Ease of Paying Taxes Act) simplifies Philippine tax rules by standardizing electronic filing, updating VAT invoicing, and offering reduced penalties for smaller businesses.
Republic Act No. 12066 (CREATE MORE Act)- 2024
Philippines
Author: Ljubica Blagojević
Republic Act No. 12066 updates corporate tax rates and fiscal incentives in the Philippines. It sets clear rules for enterprise deductions, VAT processing, and tax compliance.
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Already subscriber? LoginRepublic Act No. 12066 updates corporate tax rates and fiscal incentives in the Philippines. It sets clear rules for enterprise deductions, VAT processing, and tax compliance.
Payment Methods in Philippines
Philippines
Author: Ljubica Blagojević
The provided document is a comprehensive guide/overview of payment methods in the Philippines, focusing on the country's evolving payment landscape in a transitional phase from traditional (cash-heavy) to predominantly digital and cashless options.
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Already subscriber? LoginThe provided document is a comprehensive guide/overview of payment methods in the Philippines, focusing on the country's evolving payment landscape in a transitional phase from traditional (cash-heavy) to predominantly digital and cashless options.
E - invoicing System in Philippines
Philippines
Author: Ljubica Blagojević
The purpose of this document is to serve as a comprehensive, practical guide to the Philippines' mandatory e-invoicing system.
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Already subscriber? LoginThe purpose of this document is to serve as a comprehensive, practical guide to the Philippines' mandatory e-invoicing system.
Important Characteristics of the Fiscalization System - PH
Philippines
Author: Ljubica Blagojević
The purpose of this document is to emphasize the most important fiscalization characteristics in the Philippines and requirements regarding receipts, invoices, return policies, online sales, record keeping, cash registers, VAT recording, penalties, and store registration.
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Already subscriber? LoginThe purpose of this document is to emphasize the most important fiscalization characteristics in the Philippines and requirements regarding receipts, invoices, return policies, online sales, record keeping, cash registers, VAT recording, penalties, and store registration.
Country overview - Philippines
Philippines
Author: Ljubica Blagojević
This is a high-level country overview document created to explain the fiscalization model in the Philippines in a simplified, business-oriented format. It is particularly suitable for retailers entering the Philippines market, as it provides a clear and structured overview of the country’s fiscalization framework.
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Already subscriber? LoginThis is a high-level country overview document created to explain the fiscalization model in the Philippines in a simplified, business-oriented format. It is particularly suitable for retailers entering the Philippines market, as it provides a clear and structured overview of the country’s fiscalization framework.
Fiscal Requirements Portal by Fiscal Solutions
Who we are?
We are a team of enthusiasts with decades of experience in retail IT and related fiscal topics. Through years of continuous involvement in hundreds of consultancy sessions with world-leading retailers and POS software providers, we have created and maintained hundreds of documents and related materials. All of this content is carefully shaped to meet internationalization requirements in the retail world. Through the Fiscal Requirements Portal, we make it available to you anytime, from anywhere, and always up to date.