# Philippine Compliance Calendar Brief

Foreign-owned companies should plan compliance as a monthly operating system, not a year-end scramble.

## Monthly and quarterly rhythm

- BIR tax returns based on registration and tax type.
- Withholding tax filings where the company pays employees, contractors, suppliers, rent, royalties, interest, or dividends.
- VAT or percentage tax filings where applicable.
- Payroll, payslips, and statutory contribution schedules.

## Annual rhythm

- Audited Financial Statements.
- Annual Income Tax Return.
- General Information Sheet.
- Local business permit renewal.
- Books of accounts and invoicing compliance checks.
- Beneficial ownership and corporate secretary updates where relevant.

## Setup decisions that affect compliance

- Entity type.
- Fiscal year.
- Tax registration profile.
- Payroll start date.
- Office location and LGU.
- PEZA, BOI, or other incentive registration.
- Foreign remittances and related-party transactions.

## What to prepare

- Corporate records.
- Bank statements.
- Contracts and invoices.
- Payroll register.
- Receipts and expense records.
- Board and shareholder approvals.

Chamberlain handles monthly bookkeeping, payroll, tax filings, and corporate secretarial work for foreign-owned Philippine companies.