Incentives: An inviting open door to setting up shop in the Philippines

Today, the Philippines opens its doors wide open to investors with an attractive program of incentives both fiscal and non-fiscal.

Creating an economic environment conducive to foreign business, the incentives turn the Philippines into a viable choice for establishing production headquarters alongside the complementing strategic factors of centralized location, quality work force and the world class infrastructure.

Among the major incentives:

• Corporate income tax, reduced to the present 30%
• Companies in the Special Economic Zones are subject to only 5% overall tax rates
• Multinatinationals looking for regional headquarters are entitled to tax exemptions and tax and duty-free importation of specific equipment and materials.

For a comprehensive review of the incentives available to investors, please download the *pdf file below.