Assuming you’re a reader of my blog, you know that I’m an engineer by profession and also a financial advisor in Sun Life at the same time. Just like you, I need to register as a mixed-income earner. I made this post so I can share with you the steps you need to do to get registered in the BIR.
What is BIR Form 2303?
BIR Form 2303 or Certificate of Registration is one of the basic requirements for individuals who conduct business in the Philippines. It gives you the right to print and issue official receipts. And also specifies the taxes you need to settle.
Why do I need to register my profession? I need to register my income to be able to renew my license as an insurance agent under the Insurance Commission (IC) and also take pride as a good taxpayer/citizen of our country.
What is a mixed Income Earner?
Mixed income earners acquire income from different sources such as employment, business, practice of profession, etc. Just like an example from Rappler, you are a mixed income earner if you’re employed and works as a part-time photographer.
The process I’m about to share is only valid for employed individual with part-time jobs or practicing their profession.
If you are employed in more than one employer, doing business, trade, etc. then the process might be different.
What are the Requirements?
The basic requirement I guess is patience so don’t forget to bring an extra of it throughout the process and put a smile on your face because you’ll be needing them badly.
Here are the requirements to get a certificate of registration in BIR if you are a mixed-income earner:
- 3 pcs. Form-1905 (Application for Registration Information Update)
- 3 pcs. Form-0605 (Payment Form)
- 3pcs. Form-1906 (Application for Authority to Print Receipts and Invoices)
- 3 pcs. Form-1901 (Application for Registration)
- Original Certificate of Employment
- Photocopy of Valid ID containing your address
Steps in Obtaining COR or Form 2303 from the BIR
Check if Your TIN is in the Correct Revenue District Office (RDO)
This is the first mistake I made for the day. It’s actually the most common mistake. The correct RDO is the prevailing RDO where you will conduct your business and NOT where you obtained your TIN number or even the RDO of your current employment. Use form-1905 to transfer your TIN number.
I work in Kapitolyo, Pasig City that’s why my TIN is in RDO-043 but because I live in Taguig City, where I’ll register my business/professional service, I need to transfer it to RDO-044. The transfer normally takes 5 working days. So before you leave your old RDO, make sure to ask for a contact number you can call anytime to check if your TIN number is successfully transferred before proceeding to your new RDO.
Here are the steps to get a BIR Form 2303:
Ask for Applicable Forms
Go to your new RDO and ask the guard at the entrance for a queuing number along with form 1901, 0605, and 1906 all in a triplicate copy. Normally, you’ll just ask for COR application forms and they already know what to give you.
Pay Registration Fee at any Accredited Bank
Fill out the form 0605 and indicate that the payment is for the registration fee worth Php 500. Go to the nearest bank from the RDO (make sure they are accredited) and pay. Photocopy the bank validated payment forms because BIR will only need a photocopy.
Buy Two Columnar Books and Photocopy Your Documents
You can buy columnar outside the BIR just ask around the premises. I bought mine for Php50/book. Don’t forget to have a photocopy of your ID. After buying the columnar, have it stamped by the guard at the entrance and write the necessary information.
Get a Clear Sample of Your Receipt
Fill out the form-1906 or the Application for Authority to Print Receipts and Invoices and proceed to any printing press outside BIR (normally just a few steps away from the entrance). You’ll know it when you get there. I paid Php 1,500 for 10 booklets of receipts. Give the printing press about a week to process your request so for the meantime ask for a sample receipt under your name and computerized form-1906 (you can now ditch your handwritten form-1906).
Head back to BIR and Proceed to COR Counter
Remember that you already secured your queue number earlier, right? What will you do if your number is already passed? Proceed to the counter and explain what happened. Anyways, he’ll let you return to your line so don’t worry.
Submit and Get a Copy of Form-1901
The second to the last step is to submit the following: form-1901, photocopy of 0605, two stamped columnar, form-1906, certificate of employment, and photocopy of ID. You will get a copy of 1901 and again ask for a contact number. COR is normally ready after 3 working days but make sure to call the RDO first. Sometimes the signatories get busy so expect that it may take more than 3 days.
Get Your COR or Form-2303
After verifying, you can now get your form 2303 or the certificate of registration from your new RDO and your receipt from the printing press where you get your sample receipt.
Frequently Asked Questions (FAQ’s):
How much did you spend?
The total fees I paid were around Php 2,100 excluding my expenses for photocopying.
The time needed to Process the Registration
I spent about two weeks processing my 2303 that requires me to be there for one single day. Half-day to transfer and the other half to process the remaining steps.
Do I Need to Print the Forms?
No, just ask the guard to give you the forms you need but if you really wanted to bring your printed forms then why not.
Federico is an electronics engineer, financial blogger, insurance agent, and a certified investment solicitor. A multi-awarded financial advisor with clients ranging from lawyers, doctors, engineers, accountants, business owners, company directors, and OFWs to minimum wage earners had sought advice from him in achieving lifetime financial freedom.