revenue_memorandum_circular RMC No. 118-2024RMC No. 118-2024 2024-10-21

RMC No. 118-2024 — Circularizing the updated list of accredited Microfinance Non-Government Organizations Digest | Full Text | Updated List of Accredited MF-NGOs

BUREAU OF INTERNAL REVENUE REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE National Officc Building Queron City BY ABUREA AS MANAEEMFNT T OCT 21 2024 A ADMIN uNit - + A REVENUE

n010# tor Notion buitding October 21,2024

* REVENUE MEMORANDUM CIRCULAR NO. 1 1 8 - 2 0 2 4

SUBJECT Circularizing the Updated List of Accredited Microfinance Non-Government Organizations (NGOs)

TO : Alt Internal Revenue Officers, Employees and Others Concerned

by the Microfinance NGO Regulatory Council (MNRC) as of August 12, 2024" concerned, we are publishing herewith the "Updated List of Microfinance NGOs Accredited For the information and guidance of all internal revenue officers, employees and others

otherwise known as the "Microfinance NGOs Act"- a Certificate of Accreditation shall be valid for a period of three (3) years from the date of issuance. unless earlier revoked by the MNRC for good cause after review. Under the Implementing Rules and Regulations of Republic Act (RA) No. 10693

2022 to 2025. 2023 to 2026, and 2024 to 2027. Included in the said list are thc twenty-three (23) Accredited MF-NGOs -for the periods

All concerned are hereby enjoined to give this Circular as wide a publicity as possible

Tissioner of Internal Revenue LUMAGUI, JR

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