177 Iloilo City Goverment

   NEWS UPDATES

 Local Tax Incentives
2014-08-05 15:03:12
 


Investment Opportunities

1. Manufacturing and Processing enterprise
2. Export-Oriented Industries
3. Tourism-Oriented Industries
4. Utility companies engaged in power generation and distribution of water, transportation support facilities
those of similar in nature.
5. Information and Communication Technology Enterprise
6. Agro-fishery
7. Social Services
- Health care Services
- Education Institution
- Low-cost Housing
- Sports and Recreation
8. Commercial and Industrial Building
9. Solid Waste Disposal System

 

Investment Incentives

A. Tax Exemptions

Investment (In Philippine Pesos) Tax Holidays in Year(s)
   
5 Million but less than 20 Million One (1)
20 Million but less than 40 Million Two (2)
40 Million but less than 60 Million Three (3)
60 Million and above Four (4)

B. Reduction of Business Tax

New and Expanded Enterprise Year of Operation Percent of Reduction
   
First Year 100
Second Year 75
Third Year 50
Fourth Year 25

C. Full Exemptions From:

1. Mayor's Permit Fee
2. Buildin Permit Fees
3. Other kid of Local Licenses Fees and Dues except regular fees such as:
- Business Manager's Fee
- Health Certificate Fee
- Sanitary Permit Fee
- Oath Fee
- Garbage Fee
- Fire Inspection Fee
- Tax on Billboard
- Tax on Delivery Van
- Tax on Weights and Measure

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