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What are the requirements for SSS self-employed person?

A self-employed person should accomplish SSS Form RS-1 (Self-Employed Data Record) and submit it together with a photocopy of any of the following baptismal, birth certificate, drivers license, passport, Professional Regulation Commission (PRC) Card, Seamans Book.

How much is the monthly SSS contribution for self-employed?

Self-employed individuals must pay their total contribution, which is 13% of their declared monthly earnings, by themselves. For members with a range of compensation less than ₱20,250: (Monthly Salary Credit x rate of contribution) + EC = TMC. Example: (12,000 x 0.13) + 10 = 1,570. The TMC is ₱1,570.00.

What is proof of income for self-employed Philippines?

If Self-Employed or Has Own Business: Barangay Business Permit. Bank Statements (dated within the last 3 months) Income Tax Return 1701. Audited Financial Statements (Balance Sheet, Income Statement, Cash Flow Statement, Statement of Changes in Equity, and Notes to Financial Statements)

What is a L501 form of SSS?

The document is a Specimen Signature Card (SSS Form L-501) from the Social Security System of the Philippines, used to authorize company officials to certify or sign documents related to social security matters.

How to get Social Security benefits if you are self-employed?

Self employed people can get social security money. They just need to pay into social security on their taxes at a higher rate, typically twice the rate as is deducted from wages. It is called self-employment tax.

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Who qualifies for SSS sickness benefit?

A member is qualified to avail of this benefit if he/she: Is unable to work due to sickness or injury and is confined either in a hospital or at home for at least four (4) days. Has paid at least three (3) months of contributions within the 12-month period immediately preceding the semester of sickness or injury.

How to fill up SSS specimen signature card?

How to fill out the Specimen Signature Card for SSS Registration? Gather all required information and documents. Complete the form accurately with the requested details. Obtain signatures from authorized representatives. Check for any corrections or missing information.

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What are the requirements for SSS self-employed person?

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What is a L501 form of SSS?

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