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Philippines · Accounting & tax services

Accounting services in the Philippines

Emerhub keeps your Philippine company compliant across the BIR, the SEC, and your local government: tax filings, bookkeeping, audited financial statements, and the annual return, all handled by a local team in Manila. Clean books and on-time filings, without building a finance department.

25%
Corporate income tax (20% for small firms)
12%
VAT, on sales above ₱3M
25th
Quarterly VAT filing deadline
3
Agencies you report to: BIR, SEC, LGU
What's involved

Compliance runs across three agencies

A Philippine company answers to the BIR, the SEC, and its local government, each on its own calendar. Since the BIR resumed audits in 2026 on a risk-based system, errors surface faster.

Handling it in-house

Three separate sets of obligations

Running Philippine accounting yourself means BIR filings (withholding monthly, VAT and income tax quarterly, the annual return), audited financial statements and the General Information Sheet to the SEC, and the business permit renewal with your LGU, each on its own deadline.

Miss one and you face a 25% surcharge plus 12% interest. With the BIR's risk-based audit framework now active, mistakes are far likelier to be caught.

With Emerhub handling your accounting

A local team that keeps you compliant

A Manila accounting team handles every filing across the BIR, the SEC, and your LGU, keeps your books to Philippine standards (PFRS), and files electronically through eBIRForms or eFPS.

You get clean, audit-ready books and on-time compliance across all three agencies, without hiring in Manila, and someone to handle the audit if it comes.

What's included

Everything your Philippine finance function needs, on your behalf

From bookkeeping to the annual return and the SEC filings, handled by a local team that knows the calendar across all three agencies.

01

BIR tax filings

Withholding remittances monthly, VAT and income tax quarterly, and the annual return, filed through eBIRForms or eFPS by the deadlines.

02

Bookkeeping & records

We maintain your books to Philippine Financial Reporting Standards, with the BIR-registered books of accounts kept current and reconciled.

03

Financial statements & AFS

Monthly management reports, plus the year-end audited financial statements, prepared to audit-ready standard.

04

VAT & percentage tax

VAT registration where needed and the quarterly VAT return, or percentage tax for companies below the VAT threshold.

05

SEC & LGU compliance

The General Information Sheet and audited statements filed with the SEC, and the annual business permit renewed with your LGU.

06

Advisory & audit support

Guidance on structure and deductions, responses to the BIR, and support through a risk-based audit if one is issued.

Just need the books kept? If you handle your own tax or only need day-to-day records maintained, our standalone bookkeeping service is the lighter option. See bookkeeping.
How it works

Three steps to compliant books

Onboarding takes a couple of weeks. After that, your filings run on a fixed monthly, quarterly, and annual rhythm.

Step 01

Onboarding & handover

  • We review your company's standing with the BIR, the SEC, and your LGU, and set up e-filing access.
  • We take over your existing books and reconcile the opening balances.
Step 02

The filing cycle

  • We record and reconcile your transactions, and remit withholding monthly.
  • We file the quarterly VAT and income tax returns through eBIRForms or eFPS by the deadlines.
  • You receive a management report showing the period's position.
Step 03

The annual close

  • We prepare the audited financial statements and the annual income tax return.
  • We file the AFS and General Information Sheet with the SEC and renew the LGU permit.
Built for

Companies operating in the Philippines

Most clients fall into one of these patterns. If yours matches, the service is built for your situation.

Domestic corporations

Foreign-owned companies

Full compliance for a Philippine corporation, across the BIR, the SEC, and the LGU, from withholding through to the audited statements.

Small business

Small businesses & startups

Outsourced finance for smaller companies that don't need, or can't yet justify, a full in-house accounting team.

Branches & ROHQs

Branch & representative offices

Branches and representative offices, which carry their own BIR and SEC filing obligations even without local sales.

Switching providers

Changing accountants

Companies moving from a previous provider who want a clean handover and a reliable filing rhythm.

Newly incorporated

Compliant from day one

New corporations getting their books and registrations right from the start, from SEC registration through BIR and the LGU permit.

Behind on filings

Cleanup & catch-up

Companies with a backlog or facing the BIR's risk-based audit who need their records reconstructed and a return to good standing.

The filing calendar

Your annual compliance calendar

A Philippine company files across three agencies, the BIR, the SEC, and the LGU, on monthly, quarterly, and annual cycles. Here's the full year at a glance.

ObligationFiles withFrequencyDeadline
Withholding taxTax withheld on salaries and supplier payments.BIRMonthly10th of the next month
VAT return (2550Q)Output and input VAT reconciled.BIRQuarterly25th after quarter-end
Income tax return (1702Q)Quarterly corporate income tax.BIRQuarterly60 days after quarter
Annual income tax return (1702)The annual corporate return.BIRAnnual15 April
Audited statements & GISFiled with the SEC after the AGM.SECAnnual120 days after year-end
Business permit renewalLocal business tax and mayor's permit.LGUAnnual20 January
Penalties are steep. Late filing or payment carries a 25% surcharge plus 12% annual interest, on top of compromise penalties. Beyond the BIR, the SEC annual filings and the January LGU permit renewal have their own deadlines. We track all of them so you don't have to.
Common questions

Accounting & tax FAQs

What companies ask most often before handing over their books in the Philippines.

What does your accounting service include?

BIR tax filings, bookkeeping, financial statements, VAT, SEC and LGU compliance, and tax advisory. We can run your entire Philippine finance function, or just the parts you need. The scope and monthly fee are set during onboarding, once we've seen your transaction volume and structure.

How is compliance in the Philippines different?

A Philippine company reports to three separate bodies. The BIR handles national taxes (withholding, VAT, income tax). The SEC requires annual filings, including audited financial statements and the General Information Sheet. Your local government collects business tax and renews your permit each January. Each has its own forms and deadlines, and we handle all three.

How often do I file VAT in the Philippines?

VAT is filed quarterly, on Form 2550Q, by the 25th of the month after the quarter ends. The separate monthly VAT return was phased out. Withholding taxes are remitted monthly, income tax is filed quarterly and again annually, and companies below the VAT threshold file percentage tax quarterly instead.

Do you handle bookkeeping as well, or only tax?

Both. Full-service accounting includes the bookkeeping that the tax filings depend on, since you can't file accurately without clean books. If you only need the records kept and handle tax separately, our standalone bookkeeping service is the lighter option. Most companies take the full service so the books and the filings stay in one place.

Do I need audited financial statements?

Corporations with gross annual sales above ₱3 million must have their financial statements audited by an independent CPA, and file them with both the BIR and the SEC. We keep your books to audit-ready standard throughout the year and coordinate the audit, so the year-end filing is straightforward rather than a scramble.

What are the corporate tax and VAT rates in the Philippines?

The corporate income tax rate is 25%, or 20% for qualified small domestic corporations with taxable income up to ₱5 million and total assets up to ₱100 million. VAT is 12%, applied once your gross sales pass the ₱3 million registration threshold. We confirm exactly what applies to your business and build it into your filings.

Need an accountant in the Philippines?

Talk to our Manila team

Tell us about your company, where it is in its filing cycle, and what you need handled. We'll confirm the scope, the timeline, and a monthly fee.

Phone+63 928 516 2791
OfficeUnit 710, High Street South Corporate Plaza Tower
2 26th St, Taguig
1634 Metro Manila, Philippines