Samal conducts biz forum
SAMAL Island – Some 20 registered Samaleño micro, small, and medium entrepreneurs were gathered during the city's Business Forum last September 12 at the Old SP Session Hall, Island Garden City of Samal (Samal Island).
The activity was initiated through the partnership of the Samal Chamber of Commerce (COC) and City Tourism and Investment Office (CITO).
“This is one of the undertakings of the Chamber since as businessmen, we should be compliant to the law of the land," said Samal City Chamber of Commerce Austerio Obenza.
With this year’s theme, "Negosyante: Kulokabildo sa mga buhisan sa BIR", personnel from the Bureau of Revenue gave Samaleño businessmen a seminar on registration, bookkeeping, and invoicing requirepments.
“Anybody with transaction that involves tax liability must register with the BIR," said Revenue Officer Ralph Leslie Yu.
BIR 11 underscored that the businessman’s obligation does not just end after registration.
Meanwhile, with the presence of the Samal Negosyo Center, Department of Trade and Industry 11 will provide an office space for the Samal Chamber of Commerce.
“We will be able to help more Samaleño businessmen in being compliant to the regulations and requirements – one, by paying our taxes," said Obenza.