Under the Department of Finance Department Order No. 12-2014, importers must secure an Importer Clearance Certificate from the BIR as part of their accreditation with the Bureau of Customs.
In turn, the BIR issued Revenue Memorandum Circular No. 10-2014 to prescribe the policies, guidelines and procedure to accredit and revoke the accreditation of importers and customs brokers. The documentary requirements in support of the Importer Clearance Certificate include: BIR Certificate of Registration, latest Annual Income Tax Return with Audited Financial Statements, latest Mayor’s Permit, and a Certificate of Good Standing issued by the SEC to prove compliance with reportorial requirements. To be eligible for accreditation, the applicant must satisfy criteria such as not having “stop-filer” cases, accounts receivable or delinquent accounts with the BIR. It should have no record of pending tax evasion cases or unresolved issues arising from discrepancies in its declared income or expenses as may be tagged under the BIR’s Reconciliation Lists for Enforcement (RELIEF) System and Tax Reconciliation System.
Accreditation shall be valid for three years from issuance but compliance with the criteria shall be verified on a semestral basis.