Clarification on the Registration of Books of Accounts for New Business Registrants
Please be informed that the BIR issued Revenue Memorandum Circular (RMC) No. 65-2025 on 2 July 2025 to clarify the types of Books of Accounts that new business taxpayers may register during the business registration process.
New business registrants, with or without an existing Taxpayer Identification Number (TIN), may register any of the following formats:
- Manual Books of Accounts
- Loose-leaf Books of Accounts (LLBA)
- Computerized Books of Accounts (CBA)
Taxpayers who opt to use LLBA or CBA are not required to register Manual Books of Accounts. However, a Permit to Use (PTU) or Acknowledgement Certificate (AC) must be secured prior to their use, which shall be issued after the taxpayer obtains a TIN. Therefore, LLBA or CBA cannot be registered simultaneously with the TIN application.
The registration period of these Books of Accounts is prescribed under RMC No. 3-2023 and is not mandatory during business registration.
You may access the full version of the RMC through the BIR website.
For any inquiry or request for assistance, please feel free to contact anyone from our Tax Services group. You may also reach us through this link
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