BIR Delays Digital Services VAT to 2025, Simplifies Registration for Foreign Providers

• BIR postponed VAT on digital services by foreign providers to local consumers to 1 July 2025
• A new simplified VAT registration portal was launched
• Companies need to register only if annual revenue exceeds PHP 3 million
• No requirement for a local tax agent or fiscal representative for VAT registration

Source: fiscalsolutions.co.uk

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.