Online Submission of the Annual Tax Incentives Report (ATIR) and Annual Benefits Report (ABR) through the Fiscal Incentives Registration and Monitoring System (FIRMS)

April 20, 2023 FIRB MEMORANDUM CIRCULAR NO. 001-2023 TO : All Investment Promotion Agencies (IPAs), Registered Business Enterprises (RBEs), and Other Stakeholders SUBJECT : Online Submission of the Annual Tax Incentives Report (ATIR) and Annual Benefits Report (ABR) through the Fiscal Incentives Registration and Monitoring System (FIRMS) SECTION I. Background . With reference to the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act's Implementing Rules and Regulations (IRR) Part IV, Rule 11, Section 2, all RBEs and other registered enterprises (OREs) availing of tax incentives shall, within thirty (30) calendar days from the statutory deadline for filing of annual income tax returns and payment of taxes, submit to the IPAs or Other Government Agencies (OGAs) administering tax incentives the ATIR and ABR, copy furnishing the FIRB. Further, Rule 11, Section 4 (a) provides that the heads of such IPAs and OGAs submit to the FIRB firm-level and projector activity-level data in a machine-readable format. DETACa SECTION II. Purpose . This circular is being issued to highly encourage all IPAs, OGAs, RBEs, and OREs, who are required to submit the ATIR and ABR to the FIRB, to utilize the online submission module of the ATIR and ABR in the FIRMS . Kindly note that email submissions of the reports to the FIRB, through the FIRB Secretariat, covering the fiscal and calendar years ending in 2022, shall still be accepted . In order to better manage the influx of email submissions, two dedicated email addresses have been created, as follows: 1. [emailprotected] (This is a dedicated email address to be used by enterprises registered under the Philippine Economic Zone Authority [PEZA].) 2. [emailprotected] (This is a dedicated email address to be used by all RBEs and OREs registered with various IPAs and OGAs, excluding those registered under PEZA.) Kindly note that the submission through FIRMS does not preclude the IPAs and OGAs from requiring a different mode of submission. Likewise, in line with the directive of the Administration to adopt and embrace digitalization and take advantage of new technologies in order to compete in this post-pandemic economy, we intend to fully transition the submission using FIRMS in the next ATIR and ABR cycle (covering taxable year 2023). As the Administration is keen on urgently pursuing digitalization efforts, we encourage all RBEs and OREs to strive for early adoption and join the pilot testing for the other FIRMS modules. HEITAD SECTION III. Period of Submission . All RBEs and OREs availing of tax incentives shall submit to their respective IPAs or OGAs administering tax incentives the ATIR and ABR for the taxable year 2022, copy furnishing the FIRB no later than 17 May 2023 . 1 Further, the IPAs and OGAs administering tax incentives shall submit to the FIRB, through the FIRB Secretariat, the aforementioned consolidated report no later than 16 June 2023 . 2 SECTION IV. ATIR-ABR Template . The ATIR and ABR template, as presented in accordance with FIRB Administrative Order No. 003-2022, or the FIRB Form No. 3000AS, shall be used for ATIR and ABR submissions. The prescribed template can be downloaded from the FIRB website ( https://firb.gov.ph/resources/firb-forms/ ). Submissions that do not use the prescribed template shall not be considered as valid submissions. Kindly refer to "Annex A" for an illustrative guide on accomplishing the ATIR and ABR. Additionally, kindly refer to the links below which provide the instructional videos on submitting through FIRMS: How to create an account in FIRMS https://youtu.be/eoBFQD4uShl How to fill out Form A in FIRMS https://youtu.be/WQRjB05rE3Q How to submit ATIR and ABR through FIRMS https://youtu.be/b10_ilIBTGY You may reach out to your designated IPAs for any questions or clarifications. Alternatively, the FIRB Secretariat's Monitoring and Evaluation Group (FIRB MEG) can assist you with any inquiries or clarifications. They may be contacted at (02) 5317-6363 loc. 8854 or through email at [emailprotected] . All IPAs, OGAs, and other stakeholders are hereby enjoined to disseminate this Circular to all concerned parties. For strict compliance. (SGD.) JUVY C. DANOFRATA Assistant Secretary of Finance Head of FIRB Secretariat Footnotes 1. Thirty (30) calendar days from the statutory deadline for filing of tax returns and payment of taxes for RBEs observing the calendar year ( i.e. , 17 April 2023 for the taxable year 2022, as 15 April 2023 falls on a Saturday) pursuant to Rule 11, Section 2 of the CREATE IRR. The deadline is without prejudice to the IPAs and OGAs imposing stricter deadlines in order to validate submissions. 2. Sixty (60) days from the statutory deadline for filing of tax returns and payment of taxes for RBEs observing the calendar year ( i.e. , 17 April 2023 for the taxable year 2022, as 15 April 2023 falls on a Saturday).