22/05/2026
π’ BUSINESS CLOSURE OR CANCELLATION?
BIR Revenue Memorandum Circular No. 047-2026 provides simplified guidelines for the closure and/or cancellation of business registration to make the process faster and easier for taxpayers.
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Coverage:
β’ Individual Taxpayers
β’ Non-Individual Taxpayers
β’ Estates and Trusts
β’ GAIs, GOCCs, and GFIs
β’ Micro, Small, and Large Taxpayers
π Modes of Filing:
β Electronic β via Email to RDO, TRRA Portal, or ORUs
β Manual β directly at the Revenue District Office
π Closure Process:
1οΈβ£ Prepare documentary requirements
2οΈβ£ Submit documents to RDO
3οΈβ£ File final/short-period tax returns
4οΈβ£ Secure tax clearance
β Important Reminder:
Failure to apply for business closure/cancellation may result in continued tax filing obligations, penalties, surcharges, and interest until properly closed with the BIR.
Need assistance with your business closure or BIR compliance? Message us today!
π +63 939 927 0318 | π§ [[email protected]](mailto:[email protected]) | π Sta. Cruz, Tarlac City