Address: 12F Sagittarius Building,
111, H.V. Dela Costa Street Salcedo Village, Makati City 1227
Tel: +63 (02) 8540-9623
The Board of Investments (BOI), an agency under the Department of Trade and Industry (DTI), is the lead investments promotion agency of the Philippines. As such, it is at the forefront of the government’s efforts to attract direct investments into the country to contribute to economic growth and jobs creation, to help uplift the general economic welfare of the Filipinos.
The agency is designed to promote inward investments and assist local and foreign investors in their venture of the desirable areas of business, defined in the annually-prepared Investment Priorities Plan (IPP).
The BOI is mandated through the Omnibus Investments Code (Executive Order No. 226) to encourage investments through tax exemption and other benefits in preferred areas of economic activity specified by the BOI in the IPP.
The IPP, formulated annually by the BOI through an inter-agency committee, with the approval of the President, lists the priority activities for investments, containing specific activities that can qualify for incentives.
A Filipino enterprise can register their activity with the BOI if their project is listed as a preferred project in the current IPP. Said enterprise may engage in domestic–oriented activities listed in the IPP whether classified as pioneer or non-pioneer.
An activity which is not listed may also be entitled to incentives if the following conditions are met:
Foreign-owned firms or those whose foreign investment exceeds 40% of the outstanding capital stock engaging in domestic-oriented activities can only be registered with BOI if they propose to engage in an activity listed or classified in the IPP as pioneer.
See the full list of incentive programs provided by BOI.