ABM 2C GROUP 1 Feasibility Study Taxation

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Taxation

A. Permits and Licenses

Permits and Licenses


2021 2022 2023
DTI Registration Fee 500 - -
BIR Registration Fee 500 - -
Barangay Permit 200 - -
Business permit Fee 5,000 5,000 5,000
Community Tax Fee 77.37 79.69 82.08
Garbage and 1,200 1,200 1,200
Collection Fee
Food and Drug Fee 300 300 300
Fire safety and city 649.00 649.00 649.00
health
Documentary Stamp 58 58 58
Sanitary Permit 300 300 300
Book of Accounts 200 200 200
TOTAL 8,984.37 7,786.69 7,789.08

B. Tax incentives and Disincentives

Businesses are a driving force that generates income which the government obtains

taxes for the whole economy. La Palta Pie is a single proprietorship in nature and will be

registered in a small business enterprise (SMB). It is crucial to know the incentives and

disincentives of your chosen business venture. The sole proprietor can be held responsible

and obligated for the business's debts and for paying taxes promptly and accurately. The

business may acquire tax exemption. Yet, it still has to pay for internal tax revenues

Our business will give every worker the proper compensation and benefits like safety

and security. Without taxation, a country cannot stand alone. La Palta Pie business is not

obliged to pay corporate tax payments. However, our chosen business venture is still

responsible for paying the required tax shown in the tax table.
C. Projected Benefit Analysis

La Palta Pie is one of the most beneficial nourishment within the trade. It is

beneficial since the cost of merchandise is moderately low, and things are super easy to

form and essential to keep the quality reliable. These days, everybody needs to eat

something speedy to make but delicious. The proponents used this opportunity to produce

a product that could satisfy the cravings and provide health benefits to the consumers at a

low price.

Located in Consolacion SM Shopping center, individuals tend to seize our La Palta

pie and go. That is why it is such alluring commerce to demonstrate. It is a kind of venture

that does not require a lot of time and exertion. All the gear is exceptionally reasonable.

Since nourishment is all-inclusive, it gives individuals a commonality to eat and appreciate

the pie with friends and families. The product may complete and can be the highlight of

someone's day or week.

Aside from the fact that our business produces innovative and delicious treats, our

business also gives opportunities to individuals seeking to have a job and interest in

making an income. With proper training, they will be given incentives that can help them

improve their standard of living.

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