Technology

What is the hype about TRUSTMARK and what it means for your online business?

Announcements, Compliance, Corporate, Technology / By

Republic Act No. 11967, or the “Internet Transactions Act of 2023”, was enacted on 05 December 2023 to promote and strengthen e-commerce in the Philippines by building trust between online merchants and consumers. One of its key innovations is the creation of the E-Commerce Bureau, which was tasked to implement the E-Commerce Philippine Trustmark, a …

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Philippines- An Overview of VAT on Digital Services

Legal Updates, Compliance, Corporate, Technology, Uncategorized / By

Revenue Regulations No. 3-2025 (RR No. 3-2025), issued by the Bureau of Internal Revenue (BIR) on January 16, 2025, provides the implementing rules and guidelines for Republic Act No. 12023, also known as the “VAT on Digital Services Act.”  This regulation operationalizes the imposition of a 12% Value-Added Tax (VAT) on digital services in the …

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