What is the Philippine TIN tax card? What is the effect?

Many Chinese compatriots working in the Philippines should be familiar with the TIN tax card, but they do not know the specific function of this tax card. So today EasyGo Easy Travel International will come to tell you about the TIN tax card in the Philippines and what its function is to help you know more about Philippine visa knowledge.

What is Philippine TIN Tax Card

The Philippine TIN tax card is issued by the Philippine tax department, which is convenient for foreigners working and doing business in the Philippines to pay taxes. It is also a valid identity card in the Philippines, which can be used as an identity certificate if necessary. We don't need to go to the tax department to handle the TIN tax card separately, and the immigration department will handle it together when you handle the 9G job visa.

What does the Philippine TIN tax card do?

1. Pay when you start a company or work in the Philippines.

2. Use of bank accounts and savings and checking accounts in the Philippines.

3. Easy to use when applying for credit cards and loans in the Philippines

If our passport is not with us, we can also use the tax card to open a room in the hotel.

5. NBI in the Philippines can be used as proof of identity.

6. Entry and Employment Permits for New Employees

7. Use when purchasing vehicles in the Philippines

How to reissue the tax card after it is lost

If the TIN tax card is accidentally lost, you need to go to the Philippine Taxation Bureau to reissue it. You need to show your original passport and 9G work visa. The reissue period usually only takes one day, which is more efficient.

These are some related knowledge about Philippine tax cards brought to you by EasyGo Easy Travel International today. I hope it can help you in your work and life in the Philippines and wish you a happy life!