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What do I need to do if I am affected by the new BIR Revenue Regulation?
What do I need to do if I am affected by the new BIR Revenue Regulation?
Ren avatar
Written by Ren
Updated over 4 months ago

If you're an activated PayMongo merchant, kindly make sure that you're able to accomplish the following requirements before the specified due dates:

  1. Submit your Sworn Declaration to [email protected] before October 7, 2024 (Monday). The Sworn Declaration must be received, verified and stamped by BIR.

  2. Submit your BIR Registration to [email protected] before October 11, 2024 (Friday).

  3. For Sole Proprietor Merchants, make sure to convert your PayMongo beneficiary bank into a Business Bank account. There's no deadline for this yet but we urge you to convert your beneficiary bank account as early as possible to avoid any problems. We will issue a separate advisory regarding this matter.

⚠️ Note: Submitted documents are processed within business hours (9:00 AM - 5:00 PM) and processing takes 24 hours to finish. Submissions made beyond 5:00 PM will be processed the next day.


For other questions, feel free to send an email to [email protected] so we can assist you!

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