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How do you qualify for PEZA?

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How do you qualify for PEZA?

In order to qualify for PEZA accreditation, your business must be in the following verticals: Export Manufacturing, Information Technology (IT) Service Export, Tourism, Medical Tourism, Agro-Industrial Export Manufacturing, Agro-Industrial Biofuel Manufacturing, Logistics and Warehousing Services, Economic Zone …

What does it mean to be PEZA accredited?

It provides assistance to foreign entities in facilitating business operations of investors within selected areas in the country, also called PEZA Special Economic Zones. (here’s a list of accredited buildings in Makati and Bonifacio Global City) This agency is authorized to provide member companies these incentives.

What is the purpose of PEZA?

Philippine Economic Zone Authority (PEZA) 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 …

What are the incentives offered by PEZA?

Benefits of a PEZA-registered company

  • Income Tax Holiday (ITH) of up to six years.
  • A special tax rate of 5% of gross income after ITH and exemption to pay all national and local taxes.
  • Tax-free and duty-free importation of machinery, raw materials, and equipment.
  • VAT zero-rating of local purchases of goods and services.

Which of the following are eligible activities under PEZA?

Eligible Activities

  • SIMPLIFIED IMPORT-EXPORT PROCEDURE.
  • IT (INFORMATION TECHNOLOGY) SERVICE EXPORT.
  • TOURISM.
  • MEDICAL TOURISM.
  • AGRO-INDUSTRIAL EXPORT MANUFACTURING.
  • AGRO-INDUSTRIAL BIO-FUEL MANUFACTURING.
  • LOGISTICS AND WAREHOUSING SERVICES –
  • ECONOMIC ZONE DEVELOPMENT AND OPERATION.

Does PEZA allow work from home?

He explained that “The 30% work from home is a permissible activity under PEZA, CREATE and Telecommuting laws.” Meanwhile, Plaza underlined that even prior to the pandemic, the hybrid work model is also being practiced worldwide specifically in India, the Philippines’ top competitor in the IT-BPO sector.

What companies are under PEZA?

Toshiba Information. Electronics.

  • Japanese. Epson Precision.
  • Electronics. Japanese.
  • Integrated Micro. Electronics.
  • British. Hitachi Global Storage.
  • Electronics. Dutch.

    • Is PEZA VAT exempt?

    The PEZA Law and the SC cases of Seagate and Toshiba state that ALL purchases by a PEZA entity are VAT zero-rated. There is no exception.

    What is PEZA process?

    PEZA Registration Process Generally, PEZA follows a 7-step registration process: Submit application documents for pre-screening. Pay application fee of ₱3,600 and secure official receipt. Submit the duly accomplished application form along with other required documents. Wait for receipt of Board Resolution.

    What are the activities eligible for PEZA registration and incentives?

    Is Concentrix under PEZA?

    Concentrix Vice President and Philippines Country Leader Elek Toth, who received the recognition on behalf of the company, remarked: “Concentrix being recognized as a PEZA Outstanding Employer is a testament to our culture of high integrity, exemplary character, being fanatical about our staff and our continual …

    Is BPO part of Peza?

    As of December 2021, PEZA has 1,274 IT locator companies operating in 297 IT centers/parks and providing 1,017,559 jobs nationwide with exports of US$ 15.797 Billion. The IT-BPO industry has been one of the major contributors and frontliners in keeping the nation’s economy afloat.