Managing Online Store While Studying Abroad
Hello everyone,
I'd like to ask some help regarding an online store I am currently developing. I am to continue studies abroad (nearby HK) around September but I plan to leave this store running under someone else while I am there, although I will return to PH frequently.
My payment providers require me to register a sole prop/corporation and with the BIR. Unfortunately Stripe isn't available here which would make it a lot easier.
My questions are:
Do I need to travel back frequently for tax filing (Quarterly/Annual) or can it be done remotely abroad? If not, would I need to return at all?
Is it correct that the BIR requires maintenance of physical Books of Accounts / Ledgers when they do Tax Mapping on my online store?
Would it, then, be more advisable to use a Tax Proxy like Taxumo or JuanTax to easily manage all this?
Salamat po!