Standard

12%

Other

Zero-rated and exempt

Philippines VAT number format

Businesses in Philippines that are required to collect tax will be issued an identification number. Tax identification numbers can be verified with the Department of Finance’s Bureau of Internal Revenue, and will follow a certain format. The VAT number format is .

VAT-registered person

Nine-digit tax identification number (TIN)

Branch office

Head office’s nine-digit TIN, plus a three-digit branch code

Philippines VAT return periods

Businesses in Philippines that are required to collect tax from consumers must file regular tax returns with the Department of Finance’s Bureau of Internal Revenue in Manila. Philippines's VAT return periods are:

Monthly VAT declarations, quarterly VAT returns and quarterly summary list of sales and purchases

Philippines Value-added tax (VAT) Thresholds

These are the revenue thresholds at which businesses in Philippines are required to start collecting and remitting tax.

Registration:

As a VAT taxpayer:

Gross sales or receipts in excess of PHP1,919,500 in a 12-month period

Gross annual receipts for the preceding year in excess of PHP10 million

As a non-VAT taxpayer:

Engaged in business with gross sales or receipts of PHP1,919,500 or less in a 12-month period

Engaged in trade or business with gross sales or receipts in a 12-month period of PHP1,919,500 or less

Gross receipts of PHP10 million or less

Recovery of VAT by non-established businesses

Non-established businesses are small, unincorporated businesses that sell taxable goods and may consist of a single individual, or several. Non-incorporated businesses in Philippines are not required to collect taxes from the consumer.

Philippines VAT Refunds

Many countries allow tourists, and others making purchases for export, to receive a VAT refund on exiting the country (or make purchases VAT free). While we don't have data on the Philippines VAT refund program, more info can be obtained from the Department of Finance’s Bureau of Internal Revenue.