If your business is already registered under the Barangay Micro Business Enterprise (BMBE) program, congratulations! You're enjoying tax exemptions and other support designed to help microenterprises grow.
But don’t forget — the BMBE Certificate of Authority is only valid for 2 years. To keep enjoying the benefits, you’ll need to renew your certificate before it expires.
Here’s a quick and simple guide to help you through the BMBE renewal process — no stress, no confusion.
Why Renew Your BMBE Certificate?
Your BMBE Certificate gives you:
Income tax exemption on your business income
Access to government loans and training
Priority in local microenterprise programs
If you fail to renew it on time, you lose these benefits — and may face tax liabilities you weren’t expecting.
When to Renew
You should renew your BMBE registration on or before the expiration date printed on your Certificate of Authority.
Pro tip: Start the renewal process at least 1 month before your certificate expires to avoid processing delays.
BMBE Renewal Requirements
Renewal is typically done at your City or Municipal Hall’s Business Permits and Licensing Office (BPLO) or Negosyo Center. Requirements may vary slightly by LGU, but generally include:
1. Accomplished BMBE Renewal Form
Some LGUs use the same application form for both new and renewal.
Ask for the updated form or download it from your LGU’s website if available.
2. Copy of Your Expiring BMBE Certificate
This proves that you were previously approved.
3. Mayor’s Permit or Barangay Clearance
Must be valid for the current year.
4. Financial Statement or Sworn Statement of Assets
To show you’re still within the ₱3 million total asset limit.
For existing businesses: Submit your latest Audited Financial Statement (AFS) or Income Statement.
For newer businesses: A Sworn Statement of Assets and Liabilities will do.
5. Valid Government-Issued ID
Step-by-Step BMBE Renewal Process
Step 1: Prepare all your documents
Gather all updated requirements and double-check your asset value.
Step 2: Visit your local BPLO or Negosyo Center
Submit your documents for evaluation. If you're missing anything, they’ll usually give you time to complete it.
Step 3: Wait for approval
The review process typically takes a few business days to a couple of weeks, depending on your LGU’s workload.
Step 4: Receive your renewed BMBE Certificate of Authority
Once approved, you’ll receive a new certificate that’s valid for another 2 years.
Reminders for a Smooth Renewal
Don’t wait until the last minute. Some LGUs may have cut-off periods during busy permit renewal seasons (usually January).
Keep all receipts and records. You may be asked to justify your asset declarations.
You must still file taxes. Even if you’re income tax-exempt, you're still required to file ITRs and pay other taxes (e.g. percentage tax, VAT).
What If My Assets Now Exceed ₱3 Million?
If your business has grown and your total assets now exceed ₱3 million (excluding land), you no longer qualify for BMBE status. You’ll need to:
Let your current certificate expire (no renewal)
Start filing and paying income tax as a regular business
Inform BIR and LGU of your change in status
Growth is a good problem to have — but make sure you stay compliant.
Quick Checklist: BMBE Renewal Requirements
Duly filled BMBE renewal application form
Copy of current (expiring) BMBE Certificate
Mayor’s Permit or Barangay Clearance (updated)
Financial Statement or Sworn Asset Declaration
Valid government-issued ID
Final Thoughts
Renewing your BMBE Certificate is a simple but essential step to keep your business tax-exempt and supported by government programs. By staying on top of your renewal, you ensure uninterrupted access to valuable benefits — and show that you’re a responsible, compliant entrepreneur.
Need help registering or renewing your BMBE certificate?
Check out our full guide: How to Register Your Business as a BMBE in the Philippines
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