1.

ISSUANCE OF NOTICE OF APPROVAL OR ACKNOWLEDGEMENT OF

START OF COMMERCIAL OPERATIONS (SCO)
SCO shall be the date specified in the Registration/Supplemental Agreements or the date
when a particular enterprise actually begins the sale of the registered product, provided that
actual SCO date is not more than one year from the SCO specified in the Agreement. The
actual SCO notification should be filed within seven (7) days from actual date of SCO.
Office or Division: Incentives Management Division
Classification: Complex
Type of Transaction: G2C – Government to Citizen; G2B – Government to
Business Entity
Who may avail: PEZA-registered enterprises (PRE) entitled to Income Tax
Holiday or 5% GIT or Tax and duty-free importation incentives
CHECKLIST OF REQUIREMENTS WHERE TO SECURE
1. Notarized SCO Certification PRE; Form downloadable from the PEZA
(ERD.2.F.005) attested by the website
respective Zone Manager (1 original
copy)

2. Certified true copy of the first PRE

commercial sales invoice issued for the
registered project (1 photocopy)

3. Complete up-to-date submission of PRE

PEZA reportorial requirements,
including all reports under R.A. 10708,
the Tax Incentives Management and
Transparency Act (TIMTA) and
Ecozone Monthly Performance Report
(EZMPR), and those required under
separate issuances
FEES TO PROCESSING PERSON
CLIENT STEPS AGENCY ACTIONS
BE PAID TIME RESPONSIBLE
1. Submit notarized 1.1 Receive notarized None Staff
Notice of SCO Notice of SCO Office of the
certification with certification with Director General
complete and complete and
correct supporting correct supporting 7 working days
documents to the documents; logs .
Office of the and forwards to
Director General IMD

Only applications
with complete 1.2 Check None Enterprise
requirements shall request/application Services Officer
be considered for completeness of Incentives
officially filed and requirements and Management
therefore subject to complete up-to-date Division
evaluation by this submission of
115
Office. (Pursuant to reportorial
RA 11032) requirements;

a. If incomplete send
written notice to
enterprise that
application is
deemed not filed
(within 3 working
days)

b. If complete,
evaluates/ validates
correctness of
applied SCO against
supporting
requirements
submitted by
enterprise to PEZA;
prepares Notice of
Approval of SCO /
Notice of
Acknowledgement
and Order of
Payment (if SCO is
adjusted to a date
later than the
committed date)

Note: Enterprise shall

be informed thru
email or letter and
required to clarify
discrepancies/
inconsistencies
noted in the
submitted
documents and shall
comply within 3
working days from
date of notification.

In case of failure of
company to
comply/submit
requirements within
the prescribed
period, the
application shall be
considered
withdrawn/revoked
without prejudice to

116
 the client to file
anew

Division Chief
Incentives
Management
1.3 Review and initial Division
Notice of SCO Department
Approval/ Manager,
None
Acknowledgment Enterprise
and endorse to the Regulations
Director General Department
Deputy Director
General
Operations
1.4 Approve/sign
Director General
Notice of SCO
None Office of the
Approval /
Director General
Acknowledgment
1.5 Log and indicate Staff
control no. and None Office of the
forward to IMD Director General
Cashier
2.1 Process payment Head Office or
2. Pay filing fee for
and issue Official Public Ecozones
SCO Approval for
Receipt or
those entitled to PHP1,200
Special
ITH
Collecting Officer
Private
Ecozones
3. Claim Notice of
SCO Approval/
Acknowledgment Staff
3.1 Release Notice of
and present, OR, Incentives
SCO Approval/ None
company ID or Management
Acknowledgment
authorization Division

TOTAL: PHP1,200 7 working days

117