Zamboanga Economic Zone Authority, is created as an economic haven in this part of the region. The Zamboanga Free-port Authority is unique being both an Economic Zone and Free-port and the only free-port in Visayas and Mindanao.

With the issuance by the Bureau of Customs of a special administrative order classifying the Zamboanga Free-port Authority as a separate Customs territory. Allowing for the free flow, entry and movement of machinery and other goods sans the imposition of local and national tariffs are guaranteed.

If looking to locate your business in Zamboanga you can avail of tax incentives. Triple i can assist with the application process and location of property within the zone. Contact Us for more details.

Qualification

• Both foreign and local investors with export and/or domestic market located in the Free-port can apply for registration and avail of incentives

Incentives

• Income Tax Holiday (ITH)-6 years for pioneer projects, 4 years for non-pioneer projects and 3 years expansion projects.

• Tax- and duty-free importation of raw materials, equipment and other articles;

• 5% flat tax rate from gross income earned after the ITH Exemption from all local and national taxes

• Permanent resident visas for foreign investors and immediate family members with investment of at least .

Requirements

i Articles of Incorporation ,Partnership Agreement, SEC Company Registration.

ii Evidence of restructuring if previously part of a larger business elsewhere in the Philippines.

iii Proof of inward foreign remittance and investment.

iv Evidence of intended physical location of the enterprise within the Zamboanga Freeport.

vii Detailed list of assets comprising the investment to be made.

viii Company Profile, Track Record, Business Plan.

Procedure

i Submission of Application to Marketing and Enterprise Development Department (MEDD)

ii Evaluation of proposal

iii Submission of Evaluation Report to the Board for deliberation

iv Board Deliberation/Approval

v Notification of Proponent’s Approval Application upon release of Board resolution

vi Issuance of Certificate of Registration and Tax Exemption upon Board Approval of said proposal

vii Signing of lease agreement (End of registration process)

viii Application and Issuance of Building Permit

ix Issuance of Certificate of Occupancy and Permit to Operate (Start of Commercial operation)

Total Process can be completed in 2-6 weeks

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