PHILIPPINE ECONOMIC ZONE

AUTHORITY
Special Economic Zone Act of 1995
Republic Act No. 7916

PEZA
A Philippine government agency tasked to promote

investments, extend assistance, register, grant incentives

to and facilitate the business operations of investors in
export-oriented manufacturing and service facilities inside
selected areas throughout the country proclaimed by the
President of the Philippines as PEZA Special Economic
Zones.
It oversees and administers incentives to

developers/operators of and locators in world-class,

ready-to-occupy, environment-friendly, secured and
competitively priced Special Economic Zones.

ECOZONES or SPECIAL ECONOMIC ZONES

Shall refer to selected areas with highly developed or

which have the potential to be developed into agriindustrial, industrial, tourist, recreational, commercial,
banking, investment and financial centers whose metes
and bounds are fixed or delimited by Presidential
proclamations.
A separate custom territory though located in the same

country

ADVANTAGES
100% foreign owned company
Simplified investment procedures
Increase labor capital
Increase exports
Increase investment
Relationship with other country
Markets
Incentives
Right to remit investments

FAST TURNAROUND
Sample Production cycle / semi conductor
96 HOURS OR 4 DAYS TO COMPLETE THE PRODUCTION CYCLE:
DAY 1
Japanese or Asian company sends raw materials to the Philippines.
Raw materials arrive in the Philippines on the same day.
Cleared by Customs on the same day.
Received by the Economic Zone Company on the same day.
DAY 2 - DAY 3
Products are manufactured.
DAY 4
Finished products brought to the Port.
Cleared by Customs on the same day.
Shipped to Japan or Asian country on the same day.
Arrive in Japan or Asian country on the same day.

PEZA IS A ONE-STOP SHOP

Building and Occupancy Permits are issued by PEZA.
Import and Export Permits are issued by PEZA.
Special non-immigrant visa processed in PEZA.
Harmonized customs processes because of PEZA-

Bureau of Customs Memorandum of Agreement.

Environment Clearance made easy because of PEZADepartment of Environment and National Resources
Memorandum of Agreement.
Exemption from Local Government Business Permits for
companies inside PEZA.
Registration requirements simplified, registration forms
made simple, approval made easy.

Competitive Incentives

Economic Zone Export, Information Technology, Tourism,

Medical Tourism and Agro-industrial Enterprises
Income tax Holiday or Exemption from Corporate Income

tax for four years, extendible to a maximum of 8 years;

After the ITH period, a special 5% Tax on Gross Income,
in lieu of all national and local taxes;
Exemption from duties and taxes on imported capital
equipment, spare parts, supplies, raw materials/
VAT-Zero Rating
Domestic Sales Allowance equivalent to 30% of total
sales;

 Exemption from export taxes, wharfage dues, imposts

and fees,
Exemption from withholding taxes
Special visa for foreign investors and immediate family
members;
Employment of Foreign nationals, and
Simplified import and export procedure

Economic zone Developers

Special 5% Gross Income Tax, in lieu of all national and

local taxes;
Special visa for foreign investors and immediate family
members;
Employment of foreign nationals; and
Assistance in the promotion of economic zones to local
and foreign locator enterprises.

Registrable Business Activies

Export manufacturing Economic Zone Export

Manufacturing
Economic Zone IT enterprise or IT parks
Tourism Economic Zone Developers or Operators
Medical Tourism Enterprise
Agro-Industrial Bio-fuel
Economic Zone development and operation
Facilities provider
Utilities enterprise

As of December 31, 2012, there are 277 Operating Economic Zones

throughout the Philippines, 108 of which are Proclaimed Economic Zones

Agro-Industrial Economic Zone (17)

Free ports and special economic zones
IT Parks/Centers (178)
Manufacturing Economic Zone (65)
Medical Tourism Parks/Centers (2)
Tourism Economic Zone (15)

Major Investors
Sam
sung

Sany
o

NEC

Epson

Phili
ps

Fuji
tsu

Lex
mar

Hitachi

Tos
hiba

OFFICE
Philippine Economic Zone Authority Roxas Boulevard

corner San Luis St., Pasay City Tel.Nos. (632) 5513454/551-3438/551-3436 Email: info@peza.gov.ph
Website: www.peza.gov.ph

Registration requiremetns for Export Enterprises/IT

Enterprises
1. Duly accomplished and notarized PEZA application

form and anti-graft certificate (RA 3019).

2. Board Resolution authorizing the filing and designation
of a representative.
3. Securities and Exchange Commission (SEC) Certificate
of Registration, Articles of Incorporation and By Laws (if
not available, submit draft of Articles of Incorporation)
4. Project brief.

Registration for Ecozone Developers Requirements

1. Duly accomplished and notarized PEZA application form and anti-graft certificate (RA 3019).
2. Board Resolution authorizing the filing of the application with PEZA and designation of representative(s)

authorized to transact registration with PEZA.

3. Securities and Exchange Commission (SEC) Registration including Articles of Incorporation and By Laws.
4. Audited financial statements for the last three (3) years, if applicable.
5. Project description (development plan and timetable);
6. Site development plan.
7. Vicinity map indicating various land uses and important landmarks within a kilometer-radius of the proposed
economic zone.
8. Proof of land ownership or any document confirming the applicants authority to use the land subject of the
proposed economic zone.
9. Endorsement of the Sangguniang Bayan/Panlungsod of the proposed economic zone.
10. DAR conversion clearance/exemption certificate or HLURB Zoning Certification, whichever is applicable.
11. Certification from the Department of Agriculture (DA) that the proposed area is not covered by Administrative
Order No. 20 and that such land has ceased to be economically feasible.
12. Verified Survey Returns and technical description of the proposed economic zone area.
13. Environmental Compliance Certificate issued by the Department of Environment and Natural
Resources/Environment Management Bureau (DENR/EMB).
14. Natural Water Resources Board (NWRB) Certification that the identified source of water shall not cause
supply problem for the adjacent communities.
15. Other documents as may be prescribed by the PEZA Board.

Registration Process

Processing Time
PEZA Board meets at least twice a month. Applications

received within a day before the scheduled PEZA Board

meeting will be presented in the Board meeting.
One (1) month to secure the Presidential Proclamation for

Special Economic Zone Developers provided completed

documents are submitted.

Application forms

Requirements