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Incentives
http://www.peza.gov.ph/incentives.htm
INVESTMENT INCENTIVES FOR ECOZONE DEVELOPERS / OPERATORS
- Income Tax Holiday;
- Incentives under the Build-Operate-Transfer Law, which includes government
support for accessing Official Development Assistance and other sources
of financing;
- Provision of vital off-site infrastructure facilities;
- Option to pay a special 5% Gross Income Tax, in lieu of all national
and local taxes;
- Permanent resident status for foreign investors and immediate family
members;
- Employment of foreign nationals;
- Assistance in the promotion of economic zones to local and foreign
locator enterprises;
INCENTIVES FOR ECOZONE AND IT LOCATORS
- Other incentives under Executive Order No. 226 ( The Omnibus Investment
Code of 1987 ), as may be determined by the PEZA Board;
- Income Tax Holiday (ITH) or Exemption from Corporate Income Tax for
four years, extendable to a maximum of eight years; After the ITH period,
the option to pay a special 5% Tax on Gross Income, in lieu of all national
and local taxes;
- Exemption from duties and taxes on imported capital equipment, spare
parts, supplies, raw materials. Also breeding stocks and/or genetic
materials or the equivalent tax credit on these items, when sourced
locally;
- Domestic sales allowance equivalent to 30% of total sales;
- Exemption from wharfage dues and export taxes, imposts and fees;
- Permanent resident status for foreign investors and immediate family
members;
- Employment of foreign nationals;
- Simplified import and export procedures;
- Other incentives under Executive Order 226 (Omnibus Investment Code
of 1987), as may be determined by the PEZA Board about us type of economic
zones
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