Business Permit Renewal Service
Part of our business compliance and post registration services, we offer a comprehensive business permit renewal service that covers all aspects of the process, from consultation and document filing to follow-ups and support.
What is Business Permit Renewal?
Business Permit Renewal is the process of updating and renewing your legal authorization for a business to operate, typically on an annual basis. It involves submitting required documents, paying fees, and ensuring compliance with local regulations to maintain the legal status and avoid penalties or interruptions in operations.
Who Requires Business Permit Renewal?
All registered businesses, regardless of size or industry, are required to renew business permits annually. These include sole proprietorships, partnerships, corporations, and even home-based or online businesses operating within a local government’s jurisdiction.
Business Permit Renewal Requirements
Documentary requirements and procedures may differ by local government unit (LGU), so it is important to coordinate with your city or municipal Business Permits and Licensing Office (BPLO) to get the full list of requirements. Generally, these include:
- Duly accomplished Business Permit Renewal Application form (please note that some LGUs updates their forms annually)
- Valid Local Insurance Policy or official receipt of Comprehensive General Liability (CGL)
- SEC Registration/Articles of Incorporation/Amended Articles of Incorporation/ Latest General Information Sheet
- Copy of Official Receipt for the previous Business Permit
- New Barangay Permit (Current Year)
- Copy of the previous Mayor’s Permit, Business Tax Assessment and Official Receipts
- Copy of previous Cedula, Sanitary Permit, FSIC etc.
- Occupancy Permit
- Filed Audited Financial Statement and Income Tax Return duly submitted and received by the Bureau of Internal Revenue
- Filed Monthly and Quarterly VAT (2550) -or Filed Monthly and Quarterly Percentage Tax Returns (2551), whichever is applicable
- Proof of Ownership or Tax Declaration -required if you own the building (as an alternative to the contract of lease)
- Lessor Real Property Tax (RPT)
- Sketch/Vicinity Map of Business Location
- Updated Notarized Contract of Lease or Affidavit of Consent to use space if not renting
- Certificate of Gross Receipts for the previous year (signed by the President and Treasurer)
- Authorization Letter (if representative)
- Valid ID of the person granting Authority and the assigned Authorized Representative
Business Permit Renewal Process
Business permit renewal is usually straightforward, but its complexity can vary by LGU and business type. It may be overwhelming if there are issues like unpaid taxes, violations, or incomplete documentation. If you choose to avail of our assistance, here’s how we handle the process:
Consult with Specialists.
For existing clients, we begin document preparation and assessment months before the due date, usually by year-end. For new clients, we conduct an initial consultation to review timelines, requirements, processes, and expectations.
Prepare and File the Documents.
We have identified all business permit renewal requirements and processes for the LGUs in the areas we serve. After gathering the necessary documents, we proceed with the application at the barangay level and then with the BPLO.
Comply with Additional Requirements (if any).
We ensure that you meet all regulatory requirements by directly communicating with LGUs, tracking submission status, addressing issues promptly, and utilizing all resources to stay on schedule.
Stay Updated Throughout the Renewal Process.
We keep you updated with the changing rules and regulations. During the actual business permit renewal process, we ensure that you are on track of the progress until all permits and licenses are renewed.
FREE 30-MIN CONSULTATION
Stay LGU-compliant with Business Permit Renewals! We help you navigate LGU regulations and ordinances to maintain compliance, avoid disruptions, and steer clear of penalties.
Why Choose FilePino’s Business Permit Renewal Service?
Don’t wait until the last minute — process your Business Permit Renewal today! Let us handle all the paperwork and take the hassle out of the process. We can help you keep your business compliant with the laws and regulations, prevent disruptions of operations, and avoid hefty penalties.
FilePino is a leading and trusted Business Permit Renewal service provider in the Philippines. Based in Bonifacio Global City (BGC), Taguig, Metro Manila—one of the country’s most dynamic and thriving business hubs—we are strategically positioned to serve your business needs.
Expertise and
Experience
We guarantee that our team and liaison officers are updated with the latest regulations, expert in document filings, and experienced in navigating the intricacies of government transactions.
Compliance Monitoring
and Updates
We ensure that your filing deadlines are plotted and monitored to ensure continuous compliance with the regulatory frameworks and keep you on track with the progress of all ongoing transactions.
Risk Management
Solutions
We have dealt with and resolved various compliance issues, so we have identified all potential risks and devised strategic risk management solutions to help mitigate them and avoid hefty penalties.
Holistic Business
Support
With our sister companies, we can provide you access to a full suite of business compliance and post-registration services, such as business permit renewal, filings of amendments with agencies, and legal assistance.
Business Permit Renewal FAQs
What is a Business Permit?
A business permit, also called a Mayor’s Permit or BPLO Permit, is a government license issued to companies and business owners. It serves a green light for them to operate legally within the city or municipal jurisdiction. Its issuance comes with certain duties such as local tax payments and compliance with health, sanitary, environmental, safety, and other standards.
Why do you need to renew your Business Permit?
Business permit renewal is a crucial post-registration process that ensures continuous compliance with local laws and regulations. Once the permit expires, it must be renewed immediately within the prescribed period to avoid fines, penalties, and possible disruptions to business operations.
When is the annual renewal of a Business Permit?
In almost all cities and municipalities in the Philippines, a business permit expires on the last day of each calendar year, i.e., the 31st of December. Its annual renewal is from January 01 to January 20 of the following year, unless an extension applies.
What are the penalties for late renewal?
Skipping or delaying the business permit renewal often results in the accumulation of fines and penalties. Under the Local Government Code of the Philippines, LGUs may impose a twenty-five percent (25%) surcharge on the local business tax assessment, an additional two percent (2%) penalty for every month, and possible business closure or seizure of properties.
What are the requirements for Business Permit Renewal?
While the actual requirements vary per city or municipality, these generally include barangay business permits, business permits and official receipts from the previous year, company registration documents, and other secondary permits and certificates, e.g., CENRO, sanitary permits, FSIC, comprehensive general liability insurance, etc.
What is the process of Business Permit Renewal?
After securing a barangay business permit or clearance, go through the different offices for the secondary permits and certificates. Once all requirements are complete, submit them to the City or Municipal Business Permit and Licensing Office (BPLO) for assessment and payment of fees.
What are the Business Permit Renewal fees?
Business permit renewal fees vary across jurisdictions. In general, however, these fees are for the local business tax, sanitary inspection, garbage collection, building inspection, mayor’s permit, and others required by the LGU.
How long does it take to renew a Business Permit?
Many LGUs set up a business one-stop shop (BOSS), especially during business permit renewal season to provide convenience to business owners and expedite the processing. Updated business permits may also be released on the same day or within two (2) weeks, depending on the efficiency of the LGU.
