Investment preferential policies on the Philippine Economic Zone
(1)
(2) imports of capital goods (equipment), spare parts, accessories, raw materials, breeding stock or breeding with genetic material, shall be exempt from import duties and other taxes. Similar items, such as purchasing products in the Philippines, to enjoy the tax credit (TAX CREDIT), which means pay the taxes at first when the products are exported and then return (including the part translation levy of import duties);
(3) It has been approved that 30% of the production of products is allowed to sale in the
(4) exemption from the Pier taxes and export taxes;
(5) to give the investors who invest more than $ 150,000 of the initial investment and their spouses and minor children (under 21 years of age) permanent residence status in the economic zone, they can freely enter and leave the economic zone, and withnot appling for other departments.
(6) to simplify import and export procedures;
(7) Allow to the employ foreign employees,and can deal with continued work visa for foreign managers and technical staff for the two years, but the number of expatriate employees can not exceed 5% of the total employees;