Philippines · Accounting and Tax
Accounting and tax in the Philippines
Keep your Philippines entity’s books in order, your BIR tax filings on time and your statutory contributions paid, all managed end to end.
Understanding accounting and tax
What a Philippine entity owes, and when
A Philippine entity answers to several authorities at once. The Bureau of Internal Revenue (BIR) sets the tax calendar, the Securities and Exchange Commission (SEC) expects annual financial statements, and the Social Security System (SSS), PhilHealth and Pag-IBIG collect contributions for every employee on payroll. Each has its own forms, portals and deadlines, and none of them waits until you are ready.
Foreign owners feel this most. The books are kept far from where the owner sits, rules change through new revenue issuances, and a missed filing still carries penalties when there is nothing to pay. We take over the whole cycle: bookkeeping, BIR registration and returns, payroll and contributions, audit support and ongoing advice, with one team and one set of numbers.
What we handle
Your finance function, managed
Six services that cover the books, the tax authority and your payroll obligations.
Bookkeeping and Accounting
Accurate books kept for your entity, reconciled every month and ready for the tax authority.
BIR Registration and Updates
Registration with the Bureau of Internal Revenue and every later change to your address, activity or branches.
BIR Tax Filing
Preparation, filing and payment of your Bureau of Internal Revenue returns, from withholding to annual income tax.
Payroll and Statutory Contributions
Payroll, withholding tax and remittances to SSS, PhilHealth and Pag-IBIG handled for your staff.
Audited Financial Statements
Annual financial statements prepared and the independent audit coordinated for your filings.
Tax and Compliance Support
Tax health checks, replies to notices, lawful tax planning and one calendar for every deadline.
How it works
How we take over your accounts
A clean handover, then a monthly rhythm that runs without you chasing it.
Review of where you stand
We read your registration, past returns, bank accounts and records, and list anything overdue or missing.
Catch up and set up
Gaps are closed, books are set up on a chart of accounts that fits your business, and your tax types are confirmed.
Compliance calendar
Every BIR return, payroll remittance and SEC filing goes into one calendar with an owner on our side.
Monthly cycle
We record, reconcile, run payroll, file and pay, and send you a report in plain English for approval.
Year-end and advice
Annual statements, audit support and tax advice as your business and the rules change.
Why manage your accounts through ILA
Local certified team
Skilled people with top-level certifications in the Philippines look after your books and filings.
Clear monthly reporting
Know where you stand with clean, regular reporting in plain English.
We speak your language
An international team with clear communication, so owners abroad are never left guessing.
Frequently asked questions
Common questions about accounting and tax
Does my company need an accountant before it starts trading?
Yes. A registered company is generally expected to keep books and file its returns even in a quiet period, including returns that show nothing due. Setup costs and rent still need to be recorded. We set up the books at registration so nothing has to be rebuilt later.
Which tax returns does a Philippine company file?
It depends on its registration and taxpayer category. Most companies file withholding returns if they pay salaries or suppliers, plus income tax returns each quarter and each year, and either value-added tax or percentage tax depending on the activity. We read your certificate of registration and give you the list in writing.
Can you look after a company whose owners live abroad?
Yes, and many of our clients are in exactly that position. You approve returns and payroll by email, receive monthly reports in English and never need to be in the Philippines for routine filings.
What if we are behind on filings?
We start by working out what is outstanding and what penalties and interest have built up, then bring the filings current in a sensible order. Penalties grow with delay, so the sooner we start, the less the clean-up costs.
Do you handle payroll contributions too?
Yes. We run payroll, withhold income tax on compensation, and remit employer and employee contributions to the Social Security System, PhilHealth and Pag-IBIG, including 13th month pay and year-end reports.
Keep your Philippines entity compliant
Tell us about your company and we will handle bookkeeping, filing and compliance so you can focus on the business.
