Date of Coverage: 01/01/1960 - 02/27/2023 BIR tax certification of no tax liabilities. Date of Coverage: 11/15/2020 - 11/15/2020 Philippine Economic Zone Authority (PEZA) attached to theDepartment of Trade and Industry(DTI) is the Philippine government agency in charge of promoting investments, extend assistance, register, grant incentives to and help the business operations of investors in export-oriented manufacturing and service facilities inside selected areas throughout the country known as PEZA Special Economic Zones. Being a PEZA-registered company has its perks, and the BPO sector benefits the most from it. Show publisher information Copyright 2023 Xternalco Philippines Accounting Firm, Project brief the completion of the project brief entails the submission of additional documents relating to the statements made therein, Board Resolution authorizing the filing and designation of a representative, SEC Certificate of Registration, Articles of Incorporation and By-Laws, Project Feasibility Study information and documents necessary in the preparation of the project feasibility study, Description of the new project (include description and uses of the service), Potential market, marketing costs, marketing program, List of equipment, country of equipment origin, rated capacity, and corresponding costs, Materials, their sources and prices; supply contracts, if any; ratio of imported to local materials, if applicable, Types and volume of wastes and waste disposal system, Certificate of registration with the Securities and Exchange Commission; and, Number of employees, position and salary rates, training to be provided and length of training, classification of employees as to a) skilled, semi-skilled, and unskilled, b) direct, indirect, and administrative, Number of foreign experts to be hired, positions, salary rates, length of stay, Projected volume of sales, selling price, and unit of measure, Breakdown of other dollar costs (interest on loans, salaries of foreign personnel), Number of workdays per year, number of shifts per day, Sources of financing (please indicate whether loans to be obtained are foreign-currency-denominated or not), Latest audited financial statements, if any; and, Parent companys latest volume and value of sales, net income, total assets, and number of total employees, if applicable, Exemption from taxes and duties on imported spare parts, Exemption from wharf age dues and export tax, duty, impost and fees, Reduction of the Rates of Duty on Capital Equipment, Spare parts and Accessories by virtue by Virtue of EO 528, Tax exemption on breeding stocks and genetic materials. February 18, 2023. In the case of PEZA-registered entities, the Bureau of Internal Revenue (BIR) issued two Revenue Regulations in 2005 (RR Nos. park 24-7 intouch ph 24-hour hr process outsourcing, inc. 24/7 customer philippines, inc. philamlife i.t. One of the advantages of setting up a business in Manila is the access to government agencies, with it being the business center in the Philippines. PEZA registrants must generally be export-oriented. February 07, 2023. Accessed March 01, 2023. https://www.statista.com/statistics/900981/philippines-manufacturing-companies-in-peza-registered-zones/, ASEAN. Browse all agencies or ask us. To address this issue, the Philippine Economic Zone Authority, under PEZAs Bayanihan business assistance, allowed its member companies to shift to remote work as a temporary measure. May be employed by PEZA-registered Economic Zone Enterprises in supervisory, technical or advisory positions. Knowledge-based and computer-enabled services, such as architectural and engineering consultancies, etc. Updated General Information Sheet and company profile in case of corporations; the company or trade profile in case of cooperatives, partnership and sole proprietors b. Xternal Co will support our clients in determining eligibility for PEZA registrationand organize all financial documents to be processed. August 29, 2020. This request link has been copied to the clipboard. Available: https://www.statista.com/statistics/900981/philippines-manufacturing-companies-in-peza-registered-zones/, Number of manufacturing companies in PEZA registered zones in the Philippines from 1990 to 2016, Available to download in PNG, PDF, XLS format, Real value added U.S. GDP, by industry 2021, U.S. monthly Industrial Production Index 2021-2023, U.S. manufacturing Employment Index 2021-2023, U.S. monthly industrial capacity index 2021-2023, U.S. manufacturing Supplier Deliveries Index January 2023, U.S. manufacturing sector real hourly compensation quarterly change 2020-2022, U.S. manufacturing sector unit labor costs quarterly change 2020-2022, U.S. employment projection for manufacturing industry 2019-2026, Forecast of employment in the manufacturing industry U.S. 2019-2026, Value added to GDP by manufacturing industry in the U.S. 2000-2021, U.S. manufacturing sector value added to GDP 2021, by industry, Gross output of the U.S. manufacturing industry 2012-2021, U.S. manufacturing sector output quarterly percent change 2020-2022, U.S. manufacturing sector productivity quarterly percent change 2020-2022, U.S. projection of firms in the manufacturing industry 2019-2026, Forecast of firms in the manufacturing industry U.S. 2019-2026, Number of manufacturing enterprises forecast in the United States 2013-2028, Number of manufacturing SME forecast in the United States 2013-2028, Number of IT-related companies in PEZA registered zones Philippines 2000-2016, Number of service companies in PEZA registered zones Philippines 1995-2016, Distribution of investments in PEZA zones in Philippines 1995-2016 by sector, Distribution of tenants in Kendal Industrial Park Indonesia 2017 by sector, Distribution of tenants in Jababeka Industrial Estate Indonesia 2017 by sector, Growth of media investment by sector in France 2013-2014, Business establishments in the UAE by sector 2017, Impact of hospitals on U.S. economy 2016, by sector, Companies declared bankrupt by economic sector Spain 2015, Distribution of the French people in employment 2020, by economic sector, FDI inflows to ASEAN region 2019 by economic sector, Find your information in our database containing over 20,000 reports. In a statement, the PEZA said the virtual job fair launched in the Cavite Economic Zone is part of the agency's Development for . Mayors Permit and Proof of lawful occupancy of office. Learn more about the Executive Order No. Instead, the BIR stated that the enumeration provided is merely a set of examples; hence, other types of direct expenses can still be claimed as deductions under the 5% GIT regime. statistic alerts) please log in with your personal account. 9. Purpose: Feasibility study No. If you are an admin, please authenticate by logging in again. 2020 - 016 dated 23 March 2020, PEZA-registered companies that decide to remain operational as well as PEZA-registered Ecozone Developers/Operators are further advised to immediate implement COVID-19 prevention measures such as: Ecozone developers shall regularly disinfect the economic zone's premises. Tracking no: #PEZA-694213357374, Requested from PEZA by A. Faraon at 10:46 AM on All rights reserved. February 09, 2023. Date of Coverage: 01/30/2018 - 01/30/2023 Date of Coverage: 01/01/2018 - 08/18/2020 Let us help you manage your legal and regulatory needs so you and your staff can focus your attention on where it matters most your core business. Philippine Economic Zone Authority (PEZA), formerly known as Export Processing Zone Authority (EPZA), is a government agency in the Philippines attached to the Department of Trade and Industry created to help promote investments in the export-oriented manufacturing industry into the country by assisting investors in registering and facilitating their business operations and providing tax . As the agency that grants tax incentives to registered business enterprises, FIRB argued that wfh arrangements violates the conditions given to the IT-BPO sector for them to keep their tax breaks. In terms of capital, a total of $200 million in investments and $2.73 billion in exports were recorded in 1994 - by . Under the implementing rules of R.A. 9400, which were issued by the Department of Finance (DoF) in February 2008, enterprises registered with SFZ and CFZ canonly claim those expensesthat are enumerated in the list as deductions in computing the 5% GIT incentive. 7. List of PEZA Registered Enterprise | Philippine Ports Authority Official Website. February 25, 2023. requests Qualified entities registered with the Clark Development Corporation and located in the Clark Freeport Zone are entitled to similar incentives. September 03, 2020. 2-05. Statista. Or select the recommended agencies below: Not sure which one to send? Get up to speed in outsourcing with this all-in-one tool kit, Top 40 BPO companies in the Philippines (2022). Purpose: Thesis purposes The good thing is that in November 2020, the Supreme Court (SC) finally put an end to the issue when it held that the deductible costs and expenses in RR No. Purpose: Architectural Thesis This can also help in veering the heavy traffic in Manila due to its congestion. These have evolved from PEZA's 16 registered economic zones and 331 locator companies. Pay application fee of 3,600 and secure official receipt. 225266). Updated PEZA registration c. Mayors Permit and Proof of lawful occupancy of office 632-8705-6000 OFFICE OF THE COMMISSIONER G/F OCOM Building, 16th Street Learn more about the Philippine government, its structure, how government works and the people behind it. Date of Coverage: 02/08/2023 - 02/08/2023 ", ASEAN, Number of manufacturing companies in PEZA registered zones in the Philippines from 1990 to 2016 Statista, https://www.statista.com/statistics/900981/philippines-manufacturing-companies-in-peza-registered-zones/ (last visited March 01, 2023), Number of manufacturing companies in PEZA registered zones in the Philippines from 1990 to 2016 [Graph], ASEAN, October 15, 2017. As of 2016, the economic zone produced more than 12,000 employees from different sectors, with more than 8,000 attributed to BPOs. Tracking no: #PEZA-137909330547, Requested from PEZA by P. Plantilla at 03:37 PM on Companies registered with the Philippine Economic Zone Authority (PEZA) may be entitled to income tax holidays of four, six, or eight years. Updated General Information Sheet and company profile in case of corporations; the company or trade profile in case of cooperatives, partnership and sole proprietors, c. 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