BIR REGISTERED
SERIOUS ABOUT DOING BUSINESS?
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NEED HELP REGISTERING YOUR BUSINESS WITH BIR?
SINGLE PROPRIETOR
A Single Proprietor is the sole owner and operator of a business. They are responsible for managing all aspects of the business, from planning and operations to finance and customer relations. This role requires a high level of dedication, multitasking, and decision-making ability.
Owned by One Person
Easy to Register and Operate
Low Capital Requirement
No Legal Distinction between the owner and the business
All Profits and Losses go directly to the owner
CORPORATION
A Business Corporation is a legal entity that is separate and distinct from its owners, known as shareholders. It is created under the law and has its own legal rights, obligations, and liabilities. A corporation can enter into contracts, own assets, incur debts, sue, and be sued in its own name. Stock Corporation for-profit entities with shareholders
Stock Corporation for profit entities with shareholders
Non-Stock Corporation usually for non-profit purposes (e.g., NGOs, foundations)
One Person Corporation (OPC) a corporation with a single stockholder
PROFESSIONALS
A Professional is an individual who possesses specialized knowledge, skills, and training in a specific field, often acquired through formal education and experience. Professionals are recognized for their expertise, ethical standards, and commitment to delivering quality service or work. Medical Professionals (Doctors, Nurses)
Legal Professionals (Lawyers, Paralegals)
Financial Professionals (Accountants, Auditors)
Technical Professionals (Engineers, Architects, IT Experts)
Creative Professionals (Designers, Writers, Photographers)
ONLINE SELLERS
Online Sellers are individuals or businesses who market and sell products or services through digital platforms such as websites, e-commerce marketplaces (like Shopee, Lazada, or Facebook Marketplace), and social media. They operate primarily through the internet and handle transactions, promotions, and customer service online.
TikTok Shop
Lazada
Shopee, Lazada
