Tax Alert No. 43 [Operations Memorandum No. 61-2022]

Policies and Procedures in the Processing of Online Registration of Nonresident Foreign Corporations

The Bureau of Internal Revenue (BIR) has issued OM No. 61-2022, which provides the policies and procedures in registering non-resident foreign corporations (NRFC) in relation to Revenue Regulation (RR) No. 7-2012 and OM No. 46-2022.

OM No. 46-2022, which was issued earlier this year, previously required withholding agents to apply for the Tax Identification Number (TIN), on behalf of the NRFC, on or before the time of filing of the monthly withholding tax return with tax type “FINTX - Taxable (Final w/tax)”. 

To this end, OM No. 61-2022 provides for the procedures in securing a TIN for the NRFC, which shall continue to be registered with Revenue District Office No. 39. However, all applications shall now be made online through ORUS at https://orus.bir.gov.ph or by visiting BIR website at www.bir.gov.ph and clicking the ORUS icon under eServices, except during instances of system unavailability or downtime.

Applications with complete documentary requirements shall be processed within three (3) working days from the date of receipt of application. The NRFC will be notified of the status of application which may be approval, resubmission, or denial.