Apply for Tax Incentives

List of Basic Documentary requirements

(Pursuant to Rule 6, Section 4 of the CREATE MORE IRR)

1. Enterprise-Level Information

  • Department of Trade and Industry (DTI) or Securities and Exchange Commission (SEC) registration, whichever is applicable;
  • Bureau of Internal Revenue (BIR) Certificate of Registration or BIR Form No. 2303;
  • SEC General Information Sheet (GIS);
  • Secretary’s Certificate on the authorized business representative and its details;
  • Notarized integrity pledge;
  • Latest Audited Financial Statements (AFS) and related Notes to AFS, if applicable;
  • Details of related party transactions, if any; and
  • Tax relief, if any

2. Project or Activity-Level Information 

  • Locational address;
  • Description, SIPP classification, tier classification, and type of activity; 
  • Business model and product specifications;
  • Project or activity set-up timetable from registration to start of commercial operations; 
  • Committed investment capital, breakdown, and projected inflow for the incentivized period; 
  • Facility or utility requirements; 
  • Details on equity funding (e.g., source) or debt funding (e.g., source, interest rate, etc.), if applicable; 
  • Projected financial statements without incentives for the incentivized period (i.e., income statement, balance sheet, statement of cashflows, including breakdown of each account);
  • Projected sales and count of exported goods in Philippine peso and in US dollars for the incentivized period, if applicable; 
  • Projected purchase value of raw materials, capital equipment, and spare parts for the incentivized period;
  • Projected importation value of capital equipment, spare parts, and raw materials, and country of source for the incentivized period;
  • Projected tax payments for the incentivized period, including local business tax and real property tax;
  • Projected number of employees and their compensation for the incentivized period, segregated between function (i.e., direct labor, selling, or administrative) and terms of contract (i.e., employer-employee relationship or subcontracted); and 
  • lf availing of EDR, type of enhanced deductions to be claimed.

3. Such other documents or information as may be required under the SIPP, the lPA, or the FIRB.

4. Apply for Tax Incentives via FIRMS

Investment Promotion Agencies Contact Details

Authority of the Freeport Area of Bataan (AFAB)
Aurora Pacific Economic Zone (APECO)
Bangsamoro Board of Investments (BBOI)
Bangsamoro Economic Zone Authority (BEZA)
Bases Conversion and Development Authority (BCDA)
Board of Investments (BOI)
Cagayan Economic Zone Authority (CEZA)
Clark Development Corporation (CDC)
John Hay Management Corporation (JHMC)
Philippine Economic Zone Authority (PEZA)
PHIVIDEC Industrial Authority
Poro Point Management Corporation (PPMC)
Subic Bay Metropolitan Authority (SBMA)
Tourism Infrastructure and Enterprise Zone Authority (TIEZA)
Zamboanga City Special Economic Zone Authority (ZCSESA)

For complete information on requirements, fees (if any), procedures, and processing times for availing our services, please refer to the NTRC Citizen’s Charter

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