Business Tax Reminders: Stay Compliant, Keep Your Business Growing

The Municipal Treasury Office (MTO) reminds all business owners in the Municipality of Prosperidad to renew their Business Permits and pay their Business Taxes on time to ensure the continuous and lawful operation of their businesses.

Business Tax may be paid in full within the first twenty (20) days of January each year or by quarterly installment within the first twenty (20) days of January, April, July, and October, in accordance with existing laws and local ordinances.

Failure to pay within the prescribed period may result in the imposition of a 25% surcharge plus 2% interest per month on the unpaid taxes, fees, and charges, including surcharges, until the total amount is fully paid. Paying on time helps business owners avoid unnecessary penalties, additional expenses, and delays in business transactions.

Your Business Tax payments help finance essential public services and local development projects, including infrastructure improvements, public safety, healthcare services, environmental protection, and other programs that contribute to a stronger local economy and a better quality of life for every Prosperidadnon.

The Municipal Treasury Office encourages all business owners to prepare the necessary requirements, settle their tax obligations promptly, and complete their permit renewals within the prescribed deadlines.

Business Tax Payment Schedule
Annual Payment: Within the first 20 days of January
Quarterly Installments: Within the first 20 days of January, April, July, and October

Renew on Time. Stay Compliant. Grow Your Business. Build a Prosperous Prosperidad.

DIO: Maria Corazon S. Almendras