Solo lawyers and small firms face high costs, lost income, and heavy fines to stay compliant to the initiative.
Under RMC No. 97-2021, content creators must report the fair market value of nonmonetary compensation alongside their cash earnings.
Struggling entrepreneurs face complex legal requirements, tax clearances, and government paperwork that can lead to penalties if ignored.
The CICC has not confirmed whether it ordered ISPs to block Discord over the local compliance deadline.
