PHIVIDEC Industrial Authority

Metro Manila Head Office

Address: 12F Sagittarius Building,
111, H.V. Dela Costa Street Salcedo Village, Makati City 1227
Tel: +63 (02) 8540-9623
Email: info@tripleiconsulting.com

The PHIVIDEC Industrial Authority (PIA), a government-owned and controlled corporation, was established through the P.D. No. 538, as amended by P.D. No. 1491. It was mandated by its Charter to manage and supervise the 3,000-hectare PHIVIDEC Industrial Estate in Misamis Oriental.

Both foreign and local investors with export and/or domestic market can apply for registration and availment of incentives.

• Exemption from local taxes and licenses (except Real Property Taxes);
• Exemption from tariff, customs, duties and internal revenue taxes for raw materials, supplies, articles, equipment, machinery, spare parts and wares brought into the estate and utilized in the production, storing , packing and shipment of goods meant for the foreign market;
• Exemption from wharfage dues (if pier is constructed by investors);
• Continued availment of BOI’s privileges if industry is BOI-registered;
• Employment of foreign nationals on technical and management levels; and
• Availment of inexpensive electrical power rates and low land lease rates.

•  Letter of Intent containing the following:
  – Company name
  – Name of the project
  – Description of the project
  – Project cost
  – Area required (minimum and maximum)
  – Power requirements
  – Water requirements
  – Employment
  – Time Table;
• Duly accomplished application form;
• Feasibility or project study/business proposal, if applicable;
• Company Profile/Brochure;
• Development plan and proposed activities for a 2-year period;
• Process description and process flow;
• Certificate of Registration of Business Name;
• SEC Registration and Articles of Incorporation;
• Income Tax Returns (ITRs) for the last 3 years, if applicable;
• Audited Financial Statement (AFS) for the last 3 years, if applicable;
• List of directors and principal stockholders with biodata;
• Duly accomplished Deed of Undertaking (PIA Pro Forma Forms);
• Duly Accomplished Anti-Graft Certificate (PIA Pro Forma Forms);
• Secretary’s Certificate/Board Resolution authorizing the filing of application and designation of representatives; and
• Other permits/clearances required from other government agencies.

• Letter of Intent containing the following:
  – Company Name
  – Name of the Project
  – Description of the Project
  – Capitalization
  – Employment/Manpower
  – Time Table;
• Duly accomplished application form;
• Feasibility or project study/business proposal;
• Service description and process flow;
• SEC Registration and Articles of Incorporation (DTI Registration for Sole Proprietorships);
• Certificate of SSS Remittance, when applicable;
• Income Tax Returns (ITRs) for the last 3 years, if applicable;
• Audited Financial Statement (AFS) for the last 3 years, if applicable;
• List of directors and principal stockholders with biodata;
• Duly accomplished Deed of Undertaking (PIA Pro Forma Forms);
• Duly Accomplished Anti-Graft Certificate (PIA Pro Forma Forms);
• Secretary’s Certificate/Board Resolution authorizing the filing of application and designation of representatives;
• Pro Forma Permit Agreement for Service Firms;
• Fees and charges; and
• Other permits/clearances required from other government agencies.

• Discuss plans with PIA authorities (Business Development Division, Policy Planning and Business Development Division, or Corporate Planning and Business Development Department);
• Submit Letter of Intent with project brief;
• Submit application form together with the requested documents for evaluation;
• Submit of application for PIA Board approval;
• Secure Board Resolution;
• Sign registration agreement and lease contract;
• Secure PIA certificates; and
• Complete other requirements.