Philippines PEZA – Philippine Economic Zone Authority Companies that register and locate within an area that is under the Philippine Economic Zone Authority (PEZA) are entitled to various tax incentives and other advantages. Usually enterprises located in a PEZA approved ecozone are required to export 100% of their production. Incentives for Ecozone and IT Locators… Continue reading Philippine Economic Zone Authority Tax Incentives
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Foreign Ownership of Corporations in the Philippines
The Foreign Investment Act (R.A. 7042, 1991, amended by R.A. 8179, 1996) liberalized the entry of foreign investment into the Philippines. Under the Act, foreign investors are generally treated like their domestic counterparts and must register with the Securities and Exchange Commission (SEC) (in the case of a corporation or partnership) or with the Department… Continue reading Foreign Ownership of Corporations in the Philippines