The topics below may be relevant to your daily activities, especially those which involve business law, labor law, and other legal areas of your business.
Business Law and Labor Law Updates
SALES INVOICE or OFFICIAL RECEIPT?
Sales invoice is issued as a principal evidence in the sale of goods and/or properties while official receipt is issued as principal evidence in the sale of services and/or lease of properties.
The Tax Code provides that a VAT-registered person shall issue:
(1) A VAT invoice for every sale, barter or exchange of goods or properties; and
(2) A VAT official receipt for every lease of goods or properties, and for every sale, barter or exchange of services.
Can an Employer Require His Employee to Work on His Rest Day?
All employers, whether operating for profit or not, including public utilities operated by private persons are bound to give their employees a weekly rest day. Labor Code provides that every employer must provide each of his employees a rest period of not less than twenty-four (24) consecutive hours after every six (6) consecutive normal work days.
Rest day may not automatically be a Sunday. Establishments and enterprises may operate or open for business on Sundays or holidays, thus, employee’s rest day may not necessarily be a Sunday. Generally, the employer determines and schedules the weekly rest day of his employee. However, this is subject to the following exceptions:
SIGNIFICANCE OF KNOWING WHETHER YOU ARE CONSIDERED A “SOLO PARENT” UNDER RA 8972
RA 9872 is AN ACT PROVIDING FOR BENEFITS AND PRIVILEGES TO SOLO PARENTS AND THEIR CHILDREN. What is a Solo Parent? Is there a significance in knowing whether a parent is solo or not? There is.
Who is considered a Solo Parent?
REGISTER AS BMBE AND ENJOY THE PERKS
The 2018 List of Establishments of the Philippine Statistics Authority (PSA) recorded a total of 1,003,111 business enterprises operating in the country, of these, micro enterprises constitute 887,272. Despite the vast number of micro enterprises in the country, only a few of them avail the benefits provided by Barangay Micro Business Enterprise Law or RA 9178.
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