What’s in it for you?
The Philippine Economic Zone Authority (PEZA) is a government agency under the Department of Trade and Industry (DTI) tasked to promote investments in the Philippines. If you decide to Invest in the Philippines through PEZA Registration, you can enjoy as much as four to six years of Income Tax Holiday and Other Tax Incentives, simplified import-export procedure and Special Non-Immigrant VISA with multiple entry privileges.
Are there specific Industries that can apply for PEZA Registration?
The usual Industries are: Manufacturing for Export, IT-Enabled Services, Tourism, Medical Tourism, Agro-Industrial Export Manufacturing, Agro-Industrial Bio-Fuel Manufacturing, Logistics and Warehousing Services, Economic Zone Development and Operation, Facilities Providers and Utilities.
Can you sell your products and/or services to the local market?
At least 70% of your products and/or services must be exported.
Can you put your business anywhere in the Philippines?
PEZA-Registered Enterprises should be inside an Economic Zone. Currently, there are 64 Manufacturing Economic Zones, 34 Information Technology Parks, 125 Information Technology Centers, 15 Agro-Industrial Economic Zones, 12 Tourism Economic Zones and 2 Medical Tourism Parks/Centers.
So how can you apply?
Along with the Application Form, the necessary documents are: Anti-Graft Certificate, Board Resolution authorizing the filing and designation of a representative, SEC Certificate of Registration, Articles of Incorporation and By-laws (if not yet available, submit draft Articles of Incorporation). Submit these documents to the Director General’s office or you may contact me to do these for you.
How long does PEZA Registration take?
It will take 21 working days from date of submission subject to availability of PEZA Board.