Free Legal Advice Philippines
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Free Legal Advice Philippines

Disclaimer: This web site is designed for general information only and does not create attorney-client relationship. Persons accessing this site are encouraged to seek independent counsel for legal advice regarding their individual legal issues.

Log in

I forgot my password




You are not connected. Please login or register

Corporation Problems

2 posters

Go down  Message [Page 1 of 1]

1Corporation Problems Empty Corporation Problems Tue Aug 21, 2018 4:35 pm

Femize16


Arresto Menor

Hi. I need an advise for this kind of problems we're facing for a very long time. May business kami and it where all started as a sole prop way back 1999 until my dad decided to change it to corporation last Oct. 2010. Jan. 2011 the corporation we'll take effect. But the sole prop didn't close it but they didn't pay for the the taxes. What should we do for the single prop to be close and how much for the penalty for this?

2. Corporation has many deliquencies on documents. I don't know where to start to fix it kasi mahina ang business. Nararanasan namin wala kaming pambili ng materials para iprovide sa clients so end up nangungutang na kami. In short lubog kami sa utang. And eto po yung mga problema ng corporation:
A. SEC-hindi po nag a update sa SEC for the past 7 years.
B. BIR- may mga lapses of payment for VAT monthly and quaterly. Tapos yung ITR 3 or 4 years ng hindi nakakapagbayad. BIR pa naman po yung may pinakamalaking penalties dito. Wala din kaming book of accounts. 1601e din hindi din po nakakapag file. In short, yung accountant po namin hindi nya ginagawa ng maayos ang trabaho nya.
C. SSS- nagstart na kami magbayad dito ng penalty hanggang ngayon nagbabayad pa din kami.
D. Philhealth- wala pa din kami nito. Pero gusto ko na din magpa compute para makapagsimula na din kami sa pagbabayad ng penalties dito.
E. Pag-ibig- wala pa din kami nito. Pero we are planning na asikasuhin na din nito after paying ng SSS penalties namin..hindi po kasi kayang pagsabay sayain kasi po break even lang po ang kitaan sa negosgo namin eh.
F. Mayor's Permit- 3 or 4 years na din kami hindi nakakapag renew.
All of this problems na encounter namin is way back 2013 nung magsimula kaming bumagsak and until now pinipilit namin bumangon. Kaya lang kung iisipin ko ang mga penalties and interest parang naghanap buhay lang kami pambayad sa mga ahensyang yan. At wala naman kaming ibabayad pa kasi nga lubog pa din kami sa utang.
We are planning na mag change name of business kaya lang yung mga tao naman ang makakalaban namin because for sure they we're asking their length of service payment at malaking problena din dahil wala din kami ibabayad.

Kaya we'll end up sa mga ibang documents hindi kami nakakabayad kasi kulang na kulang talaga ang kita. Alam ko hindi reason yan pero wala naman po ako magawa.

Please, please help me kung ano ang dapat kong gawin. Ano ba ang dapat kong unahin? Nahihirapan na po ako eh..hindi ko alam kung san kukuha ng mga pambayad dyan..iniwan sa amin ng dad ko ang business na yan without fully organize or hindi kmi na train ng maayos on how to handle this..please i need an advise.

2Corporation Problems Empty Re: Corporation Problems Tue Aug 21, 2018 10:46 pm

thepoetsedge

thepoetsedge
Reclusion Perpetua

You need to immediately hire a corporate lawyer well-versed in mercantile law in order for your whole company to be properly assessed and given accurate legal advice.

The people here in this forum can only do so much, with what little we know of the law.

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum