SEC Requirements

 All applications and supporting documents must be in four (4) copies and in A4 size bond paper
with a cover sheets.
 Audited Financial Statements and Special Audit Reports must be certified by an independent
Certified Public Accountant (CPA), with Statement of Representation filed with the SEC. Said
statement must indicate the CPA Cert. No., PRC/BOA No. and the PTR No. of the CPA and SEC
accreditation of External Auditor if applicable.
 All applications must indicate the Tax Identification Number (TIN) of the incorporators,
directors/trustees, stockholders/members for corporations, and partners for partnerships.

(Stock Corporation)

Basic Requirements

1. Name Verification Slip (may be secured online or at SEC Name Verification Unit)
2. Articles of Incorporation and By-laws
3. Treasurer’s Affidavit

(Non-Stock)
Basic Requirements

1. Name Verification Slip

2. Articles of Incorporation (AI) and By-laws (BL)
3. Joint affidavit of two incorporators to change corporate name (not required if already stated in
AI)
4. List of members certified by the corporate secretary, unless already stated in the Articles of
Incorporation; and
5. List of the names of contributors or donors and the amounts contributed or donated certified by
the treasurer. There is no fixed amount of contribution required but only such reasonable
amount as the incorporators and trustees may deem sufficient to enable the corporation to start
operation, except in the case of foundations which must have a minimum contribution of at least
One Million Pesos (P1,000,000.00)

Additional Requirements:

 Endorsement/clearance from other government agencies, if applicable

 For Foundations: Notarized certificate of bank deposit of the contribution which shall not be less
than P1,000,000.00 and statement of willingness to allow the Commission to conduct an audit
and affidavit of affirmation or verification by the chief priest, rabbi, minister or presiding elder
  For Religious corporations: Refer to Sections 109-116 of the Code, and an affidavit of affirmation
or verification by the chief priest, rabbi, minister or presiding elder
 For Federations: Certified list of member-associations by corporate secretary or president
 For Condominium corporations/associations: Master Deed with primary entry of the Register of
Deeds and Certification that there is no other existing similar condominium association within
the condominium projects and certification that there is no other existing similar condominium
association within the condominium project

Requirements for a Company Barangay

Clearance
1. For Sole Proprietorships – Department of Trade and Industry (DTI) Business Name Certificate
(Single Proprietorship); or,

2. For Corporations or Partnerships – Securities and Exchange Commission (SEC) Certificate of

Incorporation or Partnership

3. Contract of Lease (if renting) or Land Title and Tax Declaration (if owned)

4. Certificate from Homeowner’s Association (if your business address is within a village or
subdivision or condominium)

Requirements for Mayor’s Permit

1. Certification – either one of the following:
o DTI Business Name Certificate; or,
o SEC Articles of Partnership; or,
o SEC Certificate of Incorporation
2. Barangay Clearance / Permit
3. Contract of Lease or Land Title / Tax Declaration
4. Authorization letter of owner with ID
5. Sketch of Location
6. Occupancy Permit
7. Locational Clearance
8. Public Liability Insurance
9. Community Tax Certificate (Cedula)
10. Fire Permit
 11. Sanitary Permit

DepED Requirements
A. BASIC REQUIREMENTS:
1. Board Resolution: Must be certified by the Corporate Secretary
2. Feasibility study indicating the need or demand for the establishment of the
school and its relevance to the development of the community and the
capability of the school to achieve/ implement its objectives. It should also
indicate viability of the course particularly in terms of:
 Demand for graduates
 Prospective pupils/ students
 Existing schools offering the same course within the province/city

3. Articles of Incorporation and By-Laws duly registered with the Security and
Exchange Commission (SEC).

B. SCHOOL SITES, BUILDING AND FACILITIES:

4. Copy/ies of Transfer of Certificate of the Title of school sites (if
change/addition has been made) in the name of the school (indicate
ownership), dequate total land area (indicate area)
5. Location of the school in relation to its environment (if change/addition has
been made):
 Far from recreational places
 Free from noise/unpleasant odor and dust
6. Campus development and landscaping plans (if change/addition has been
made):
 Fully implemented
 Partially implemented
 Not implemented
7. Document(s) of ownership of school building(s) (if change/addition has been
made)
 In the name of the school, (indicate ownership)
  Total floor area adequate (state total area)
8. Certificate of occupancy of school building(s) (if change/addition has been
made) Signed by proper authorities. (City/municipality)
9. Pictures of school building(s), classrooms, laboratories, libraries, medical
and dental health facilities, Canteens, etc. (if change/addition has been made)
 Adequate
 Clean
10. List of equipment, furniture, athletic facilities, laboratory facilities, supplies
and materials, pre-school, Library holdings, certified by the school head.

C. SCHOOL FACULTY LINE-UP, ADMINISTRATORS AND SUPERVISORY STAFF:

11. List of the following staff:
 School Administrators, Assistant Administrators, Department Head
Teaching/Academic staff (full time & part time)
 Non-teaching personnel Each has to include the following data:
Educational Qualification, what and when obtained
Position/designation
 Fields of specialization by degree
 Subject assignment in accordance with qualification
 Number of teaching/contact hour per week
 Rate of salary per hour/month
 Valid contracts
 Other employee benefits
12. Transcript of records of all personnel

D. CURRICULUM:
13. Description of proposed curriculum
14. Sample class program for the courses to be offered.
E. FINANCIAL:
15. Statement of the financial capacity of the applicant including his resources
to provide the requirements for the entire course and to support its operation
from year without depending solely on students’ fees.
16. Statement of the itemized cost of the project covering the entire course in
terms of:
  Site
 Site development
 School building and quarters
 Classroom equipment and facilities
 Library
 Salaries of faculty and staff
 Maintenance
17. Proposed budget/annual expenditure for the succeeding school year
approved by the Board of Trustees/Directors
18. Proposed schedule of tuition and other school fees. Approved by the DepED
in accordance with the guidelines.
19. School Bond ( Php 500.00, proper document submitted)
20. Inspection and application fees
 Inspection report
 Registration fee: (Php 2,000.00 to be paid at the DepED Regional
Office)
BIR Requirements
TIN
Tax Form

BIR Form 1903 - Application for Registration for Corporations/ Partnerships (Taxable/Non-Taxable)

Documentary Requirements

For Corporations/Partnerships

› Copy of SEC Registration and Articles of Incorporation/Articles of Partnerships, as the case may be;

› Copy of Mayor’s Business Permit or duly received Application for Mayor’s Business Permit, if the former
is still in process with the LGU

Other documents for submission only if applicable:

a) Contract of Lease;

b) Certificate of Authority if Barangay Micro Business Enterprises (BMBE) registered entity;

c) Franchise Agreement;

d) License to Do Business in the Philippines, in case of resident foreign corporation;

e) Proof of Registration/Permit to Operate with BOI, SBMA, BCDA, PEZA.

BOOK OF ACCOUNTS
Tax Form

BIR Form 1903 - Application for Registration for Corporations/Partnerships (Taxable/Non-Taxable)

Including GAIs And LGUs

Documentary Requirements

a) Permanently bound books of accounts for registration/stamping or the bound journals and/or ledgers;

b) Proof of Payment of Annual Registration Fee (BIR Form 0605) – current year.

Procedures
a) Submit duly accomplished BIR Form 1903 at the RDO or concerned office under the Large Taxpayer
Service having jurisdiction over the place where the head office and branch is located, respectively; and

b) Present the manual books of accounts at the RDO or concerned office under the Large Taxpayer Service
where the place of business is located for Stamping and registration purposes.

Deadline

Newly registered taxpayers shall present the manual books of accounts before use to the RDO or
concerned office under the Large Taxpayer Service where the place of business is located for approval and
registration.

As a general rule, registration of books of accounts shall be simultaneous with the issuance of Certificate
of Registration and approved Authority to Print.

AUTHORITY TO PRINT RECEIPTS AND INVOICES

TAX FORM

BIR Form 1906 (Jan 2000 ENCS) – Application for Authority to Print Receipts and Invoices

DOCUMENTARY REQUIREMENTS

› Job order

› Final & clear sample

› Photo copy of COR/paid ARF of TP & Printer

› Last booklet or previous ATP

› Permit to Use Loose-leaf, if applicable

› Printers’ Certificate of Delivery (PCD)

PROCEDURES

› For taxpayers:

a. Accomplish BIR Form 1906 and submit the same together with the documentary requirements to RDO
where the HO is located or concerned office under the Large Taxpayer Service;

b. Keep/File PCD and ATP copy duly received/issued by BIR for audit purposes;
c. Taxpayer’s branch office shall furnish its RDO a copy of the ATP issued by the appropriate BIR office
having jurisdiction over the head office.

› For the printer/supplier:

a. Prepare Printer’s Certificate of Delivery (PCD) in five (5) copies and submit to RDO where the place of
business is located or concerned office under the Large Taxpayer Service within thirty (30) days from date
of ATP and prior to delivery of receipts and/or invoices to taxpayer;

b. Furnish the taxpayer and its branches copy of the received PCD and approved ATP together with the
taxpayer’s Sworn Statement within thirty (30) days from the issuance of PCD. One copy thereof shall
likewise be submitted to the BIR Office that has jurisdiction over the head office of the printer.
Tax Laws (for non-stock)

Exemption from income tax is extended to a broad range of organizational forms,

including:
 Non-stock corporations organized exclusively for religious, charitable, scientific,
athletic or cultural purposes, or for the rehabilitation of veterans;

 Non-stock, non-profit educational institutions (Tax Code Section 30(e), (g), and
(h)).

Each of these entities is exempt from income tax on donations, grants, and gifts,
provided that the organization's net income does not inure to the benefit of any private
shareholder or individual and the business is not operated for the benefit of private
interest, such as those of the founder or his/her relatives, or conducted with a trade or
business purpose that is not related to the organization’s tax-exempt status (Revenue
Memorandum Order 20-2013 Section 5(b)). Profits generated from business activities
are taxed, regardless of the disposition of the income (Tax Code Section 30).
An NPO may seek additional tax benefits by becoming an accredited non-stock, non-
profit corporation or an accredited NGO (collectively referred to hereinafter as
"accredited NPOs"). This certification vests the organization with donee institution
status, which entitles it to receive tax-deductible donations.

In the case of an accredited non-stock, non-profit corporation, donations are deductible

up to 5% of taxable income for corporate donors and 10% for individual donors
(Revenue Regulation No. 13-98 Section 3(a)). For this purpose, “income” refers to the
donor’s income derived from trade, business, or profession as computed without the
benefit of this deduction (Revenue Regulation No. 13-98 Section 3(a)).

In the case of an accredited NGO, donations are deductible in full, subject to additional
restrictions (Revenue Regulation No. 13-98 Section 3(b)). For example, in order to
qualify to receive fully deductible donations, an accredited NGO cannot devote more
than 30% of its total expenses for the taxable year to administrative expenses (Revenue
Regulation No. 13-98 Section 1(b)(ii)).

Tax Exemptions

The income tax law provides an exemption for a variety of organizations, including:

 non-stock corporations and associations organized exclusively for religious,

charitable, scientific, athletic or cultural purposes, or for the rehabilitation of
veterans, provided that no part of the organization’s net income or assets shall
 belong to or inure to the benefit of any member, organizer, officer or any
specific person (Tax Code Section 30(e));
 (E) Nonstock corporation or association organized and operated exclusively for
religious, charitable, scientific, athletic, or cultural purposes, or for the
rehabilitation of veterans, no part of its net income or asset shall belong to or
inure to the benefit of any member, organizer, officer or any specific person;
 non-stock, nonprofit educational institutions (Tax Code Section 30(h)).
 (H) A nonstock and nonprofit educational institution;

This exemption explicitly applies to grants and contributions, whether from domestic or
foreign sources. The organizations are, however, required to pay tax on their activities
“conducted for profit” regardless of the disposition of such income (Tax Code Section
30).

Applications for tax exemption rulings may be filed by umbrella organizations or

confederations which are duly recognized by the Bureau of Internal Revenue (BIR, the
Philippine Taxing Authority), on behalf of any of its members—non-stock, non-profit
entities—subject to the submission of a resolution by the board of said member,
authorizing the umbrella organization or confederation to file the application, as well as
all documentary requirements provided under RMO No. 20-2013 (Revenue
Memorandum Order No. 34-2014).