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11/14/23, 8:18 AM How to Renew Your Business Permits in the Philippines 2023 | Digido

How to Renew Your Business Permits in the


Philippines 2023
Last updated: October 1, 2023
Written by: Digido Financial Writers Team | Reviewed by: Mark Anthony

Key takeaways:

• You must renew your business permit before January 22, 2023

• You must prepare all your documents from last year when you renew

• You must renew your DTI registration if it is already expired

• You will pay a penalty if you are late in renewing

• You need to renew your business permit to make it easy to apply for a loan

Table of Contents 
1. Steps to Renew a Business Permit in the Philippines
2. Renewal of Business Permit Requirements in the Philippines for 2023
3. Is there a Deadline for Philippine Business Permit Renewal?
4. What is the Deadline for Renewal of Business Permit in 2023?
5. Is there a Penalty for not Renewing or Renewing Late?
6. DTI Reminder
7. How long does it take to Renew a Business Permit in the Philippines?
8. FAQ
9. Summary

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11/14/23, 8:18 AM How to Renew Your Business Permits in the Philippines 2023 | Digido

The time of year to renew the business permit in the Philippines is every January. Contrary to
what many people believe, business permit renewal in the Philippines is not based on fiscal
year. The renewal of business permit happens every January of each year.

What this means is that if you registered your new business in May in 2022, you still have to
renew in January 2023, not May 2023. If you need to know the steps on how to renew
business permit online or physically, you have come to the right place. Today, we will show
you everything you need to know about business renewal of permit, including business
renewal requirements and penalties.

Steps to Renew a Business Permit in the Philippines


The first step to renew your business permit is to secure a barangay business permit. This is
different from a barangay clearance.

The barangay clearance is a personal clearance. On the other hand, the barangay business
permit is for your business entity. However, before you can get a barangay clearance, you must
get a cedula.

The barangay business permit clearance is important. Without it, the municipality may not
issue you a new business permit at all. To get a barangay business permit, you must go to your
barangay hall, not the municipal hall.

Below is a complete step by step guide for business renewal 2023:

• Step 1: Get a cedula – you can get this from your local municipal hall. Before you get one,
make sure you have your income tax return document from BIR or from your accountant.
This document will tell them how much you earned least year and decide how much you
will pay. The current cost of cedula is ₱1 for every ₱1,000 earned.

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• Step 2: Get a barangay business permit – you will get this from your barangay hall. Keep
in mind that you can only get this if you have a cedula. However, some barangay captains
are not strict. They will issue you a barangay business permit without a cedula.

• Step 3: Get a business permit renewal 2023 form – you can get this from your municipal
hall; you need to fill this out. Some cities have it online, so do that and print the form from
online.

• Step 4: Submit the form and then pay – do this at the municipal hall; the cost depends on
your annual income last year.

• Step 5: Go to the engineer’s office – the engineer will perform the annual inspection; once
you get a clearance, they will issue you a document. They will go to your business address;
make sure you are complying with the standards.

• Step 6: Go to health office – you must secure a sanitary permit or health permit for your
business. If your business is a restaurant or food, you need a medical certificate from your
health office. If not, they will issue you a health permit right away

• Step 7: Go to fire department – the fire department will issue you a permit to operate. If
your business is huge, they will inspect your place and then issue you a document if it is
safe from. If you have a small business, they will issue you a permit right away. You must
have a fire extinguisher in your business.

Finally, you will go back to the municipal hall and then submit all these documents. Once you
do, they will tell you that they will text your phone number once your Mayor’s Business Permit
is ready.

Take Note
How to Get a Cedula – Community tax certificate in the Philippines

Renewal of Business Permit Requirements in the


Philippines for 2023
Here is a list of the things you need to be able to renew your business permit.

• Barangay Business Clearance – current one for the year

• BIR Registration or Income Tax Return – this is your ITR for income for the previous year

• Mayor’s/Business Permit – for the previous year; bring the original and the copy

• DTI Registration – this does not have to be new; DTI registrations have expiration dates. If
yours is not yet expired, you can still use it. If it is expired, you must renew it first. You can
renew it online, pay online, and then print it at home.

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11/14/23, 8:18 AM How to Renew Your Business Permits in the Philippines 2023 | Digido

• Other Documents – these are documents from the previous year, like documents for the
Engineer’s office, fire department, and health office.

PRO TIP: if you will process your renewal of business permit 2023, make sure you have all the
requirements for business permit renewal. If you don’t, you will keep coming back. Bring all the
original and bring some photocopies also.

Some municipalities will ask you for ID. If you are not the owner, it makes sense to bring an
authorization letter.

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Learn about
Buy Now Pay Later in the Philippines

Is there a Deadline for Philippine Business Permit


Renewal?
Yes, there is a deadline. The business permit renewal deadline 2023 is as follows:
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11/14/23, 8:18 AM How to Renew Your Business Permits in the Philippines 2023 | Digido

Type of Permit Deadline

Barangay Business Permit January 22

Mayor’s Permit or Business permit January 22

BIR Annual Registration January 31

If you are late, you will face penalties. Do not worry, you will not be in jail. You will only pay a
higher amount of money. Some mayors can extend this. To know more, you must follow the
Facebook page of your town or city.

Learn
All about Barangay Clearance

What is the Deadline for Renewal of Business Permit in


2023?
Generally speaking, the business permit deadline 2023 is January 2022. However, some
mayors may extend this deadline, especially since there is still a pandemic going on.

Deadline of Business Permit Renewal 2023

CITY DATE OF DEADLINE

Makati January 31

Caloocan January 22

Las Pinas January 22

Malabon January 20

Mandaluyong January 31

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Manila January 20

Marikina February 28

Navotas January 20

Pasay January 20

Pasig January 20

Is there a Penalty for not Renewing or Renewing Late?


Yes, there is a penalty for being late. The penalty for late renewal of business permit is money.
You will not go to jail for it except if you are late for BIR registration.

For BIR penalties, you will pay 5,000 pesos but not more than 20,000 pesos. There is an
imprisonment of not less than six months, but not more than two years. The truth is that
nobody really goes to jail for this. You will only get fined for being late.

For local government units, they will charge you with 25% surcharge from the actual cost of
the renewal. Then, they will also charge you with 2% of penalty for every month that you did not
pay. In extreme circumstances, they may foreclose your assets and your business.

DTI Reminder
New and existing businesses must renew their DTI registration. As mentioned earlier, your
registration in the Department of Trade and Industry has an expiration date. If your DTI
registration is expired and not renewed, the mayor of your town or city will not renew our
business permit.

How long does it take to Renew a Business Permit in the


Philippines?
It depends. Some towns and cities can take two days. If you do not have the document, it can
take weeks. For complicated businesses, it can also take weeks because you need to
complete fire inspection and health o sanitary inspection. For online businesses and
freelancers, it takes only one day.

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11/14/23, 8:18 AM How to Renew Your Business Permits in the Philippines 2023 | Digido

There are some cities that have a one-stop-shop where you will spend only three hours
renewing the business permit. Of course, you can only do this if you have all the renewal of
business permit 2023 requirements.

FAQ
Where to go to apply for business permit renewal?

What documents to bring? How much to pay?

What happens if it is not renewed?

Summary
Now that you know how to renew business permit, the next step is to prepare your business
permit renewal requirements 2023. Why is it important to renew your business? It is important
because if you don’t, your penalties will pile up.

Take note
How to get a Business loan profitably

Authors

Digido Financial Writers


Mark Anthony
Team
Author pages:
Author pages:

Digido Financial Writers Team is a team of Mark Anthony is, the Finance and Accounting
experts in the field of finance and credit, Manager. of Digido Finance Corp., monitoring
specializing in writing articles for Digido and controlling the flow of cash that comes in
blogs. and out of the company to meet the
company’s business needs, preparing the

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financial reports and analysis of income and


expenses, and monitoring tax compliance.

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