Document background
The Self Employment Verification Letter is a crucial document in the Philippine business landscape, particularly given the growing gig economy and increase in self-employed professionals. This document is typically required when self-employed individuals need to prove their employment status and income to various institutions or authorities. It must comply with Philippine regulations, including requirements from the Bureau of Internal Revenue (BIR), Department of Trade and Industry (DTI), and social security agencies. The letter includes essential information such as business registration details, income declaration, tax compliance status, and duration of self-employment. It's commonly used for loan applications, visa processing, rental agreements, or other situations where traditional employment verification letters would be required for regular employees.
