Board of Investments Simplifies Report Requirements for Registered Firms

The Board of Investments (BOI) has simplified the reporting requirements for registered business enterprises. It now requires only an annual report on actual operations, replacing the eight different types of semi-annual forms for various industries and sectors. The use of the revised form will start for reports covering fiscal year 2016. The BOI is also planning to offer online submission of reportorial requirements in the future…

Subscribe via email for complete access to Supreme Consult’s weekly report on political and investment risks in the Philippines.