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The creation of PEZA, the development of Special Economic Zones throughout the country, and the very competitive incentives available to investments inside PEZA Special Economic Zones are embodied in the Special Economic Zone Act of 1995 (Republic Act No. 7916), a law passed by the Philippine Congress.
As provided in the Special Economic Zone Act, the PEZA Board is chaired by the Secretary of the Department of Trade and Industry (DTI). PEZA, under the DTI, is the Philippine government agency tasked to promote Philippine investments, extend assistance, register, grant incentives to and facilitate the business operations of investors in export-oriented manufacturing and service facilities inside selected areas throughout the country proclaimed by the President of the Philippines as PEZA Special Economic Zones.
It oversees and administers incentives to developers/operators in world-class, ready-to-occupy, environment-friendly, secured and competitively priced Special Economic Zones. PEZA’s dynamic, responsive and client-oriented ethics have earned the trust and confidence of investors in its Special Economic Zones, the local business sector, and the foreign chambers of commerce in the Philippines. PEZA is ISO 9001:2000 certified.
Triple i Consulting can help your company locate within a PEZA zone and avail of tax benefits. Contact Us for more information regarding PEZA.
Qualification
Export-oriented enterprises that locate in any of PEZA economic zone
- Economic Zone Export Manufacturing Enterprise
- Information Technology Enterprise
- Tourism Economic Zone Enterprise
- Medical Tourism Enterprise
- Agro-Industrial Economic Zone Enterprise
- Economic Zone Logistics Services Enterprise
- Economic Zone Developer / Operator
- Facilities Enterprises
- Economic Zone Utilities Enterprise
• Simplified Import – Export Procedures (Electronic Import Permit System and Automated Export Documentation System).
• Non-resident Foreign Nationals may be employed by PEZA-registered Economic Zone Enterprises in supervisory, technical or advisory positions.
• Special Non-Immigrant Visa with Multiple Entry Privileges for the following non-resident Foreign Nationals in a PEZA-registered Economic Zone Enterprise : Investor/s, officers, and employees in supervisory, technical or advisory position, and their spouses and unmarried children under twenty-one years of age.
Requirements
- Duly accomplished and notarized PEZA application form and anti-graft certificate.
- Corporate Profile (including that of parent company, if applicable)
- Board Resolution authorizing the filing and designation of a representative
- Securities and Exchange Commission SEC Certificate of Registration, Articles of Incorporation and By Laws (if not available, submit draft of Articles of Incorporation)
- Project brief(i.e., Information on Market, Technical, Financial and Management aspects of the project to be registered).
Procedure
- Submission of accomplished application form.
- Evaluation and recommendation for approval to the PEZA Board.
- PEZA Board approval.
- Issuance of the PEZA Board Resolution of approval.
- Submission of pre-registration requirements.
- Preparation of the Registration Agreement.
- Signing of the Registration Agreement and Issuance of Registration Agreement.
Total Process Time Varies from 1-2 months. PEZA Board meets only twice a month, all approval meeting are subject to their availability.
Click to compare the BOI and PEZA registration process
Address: 6F Salustiana D. Ty
104 Paseo De Roxas, Legaspi Village
1209 Makati City, PHILIPPINES
Tel: +63 2 5538841,
+63 2 5538842,
+63 905 3130064.
Fax: +63 2 5530874.
Email: info@tripleiconsulting.com
Please fill up the form below for your inquiries. Someone will contact you shortly
Address: 6F Salustiana D. Ty
104 Paseo De Roxas, Legaspi Village
1209 Makati City, PHILIPPINES
Tel: +63 2 5538841,
+63 2 5538842,
+63 905 3130064.
Fax: +63 2 5530874.
Email: info@tripleiconsulting.com
Copyright © 2005 - 2011 Triple i Consulting Inc.
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