PHILIPPINE ECONOMIC ZONE €UTHORITY PEZA MeworANDUM ciRcuLAR No. 2021-011 To : ALL CONCERNED ECOZONE ENTERPRISES ALL PEZA ZONE ADMINISTRATORS / ZONE MANAGERS/ olcs FROM : BGen CHARITO B. PLAZA MNSA, Phi Director General DATE : 03 FEBRUARY 2021 SUBJECT : RELEASE OF THE VAT-ZERO RATING CERTIFICATES TO REGISTERED ENTERPRISES Asa form of continued assistance by PEZA to its registered enterprises during the State of Public Health Emergency due to the COVID-19 pandemic under Presidential Proclamation No. 1021 dated 16 September 2020, PEZA shall immediately issue the Certificate of VAT-Zero Rating to registered enterprises for CY 2021. The release of the certificate shall be subject to the following procedure: 1. For registered enterprises which are compliant with their submission of reportorial requirements upon their filing of the request for the issuance of the certificate PEZA, the certifications shall be valid for the entire year of 2021. 2. For registered enterprises which have pending submissions or incomplete teportorial requirements, the certificates shall be valid for six (6) months i.e., from January to June 2024 only. The issuance of the certificates for July to December 2021 shall be subject to full compliance with all reportorial requirements to PEZA as provided under Section 4 of the Rules and Regulations to Implement R.A. No. 7916, as amended (The PEZA Law), including documentary requirements for validation of, entitlement to Income Tax Holiday (ITH) incentive. 3. Once the enterprises have satisfactorily complied with all the reportorial requirements, PEZA shall immediately issue the second certificate i.e, July to December 202° For your information and guidance. PEZA-DTS Rcacrsi [iunent mou 10th Floor, DoubleDragon Center West Building [DD Meridian Park, Macapagal Avenue, Pasay City, 1302 Trunklines: (632) 8551-2451 - 8551-3435 to 37 - Facsimile (632) 8891-6380 malls! odgehp@peza.gov.ph « Info@peza.gov.ph MUN] 1512-2021 -00032 {50 9001-2015 Certified Organization with Cortfcate Nos AJA 08/3114 and ALA 08-009 Direct ines: (632) 8551-3432 - 8551-3454 to 55 Website: www.peza.gov.ph