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PEZA Team 4
PEZA Team 4
AUTHORITY
Special Economic Zone Act of 1995
Republic Act No. 7916
PEZA
A Philippine government agency tasked to promote
which have the potential to be developed into agriindustrial, industrial, tourist, recreational, commercial,
banking, investment and financial centers whose metes
and bounds are fixed or delimited by Presidential
proclamations.
A separate custom territory though located in the same
country
ADVANTAGES
100% foreign owned company
Simplified investment procedures
Increase labor capital
Increase exports
Increase investment
Relationship with other country
Markets
Incentives
Right to remit investments
FAST TURNAROUND
Sample Production cycle / semi conductor
96 HOURS OR 4 DAYS TO COMPLETE THE PRODUCTION CYCLE:
DAY 1
Japanese or Asian company sends raw materials to the Philippines.
Raw materials arrive in the Philippines on the same day.
Cleared by Customs on the same day.
Received by the Economic Zone Company on the same day.
DAY 2 - DAY 3
Products are manufactured.
DAY 4
Finished products brought to the Port.
Cleared by Customs on the same day.
Shipped to Japan or Asian country on the same day.
Arrive in Japan or Asian country on the same day.
Competitive Incentives
and fees,
Exemption from withholding taxes
Special visa for foreign investors and immediate family
members;
Employment of Foreign nationals, and
Simplified import and export procedure
local taxes;
Special visa for foreign investors and immediate family
members;
Employment of foreign nationals; and
Assistance in the promotion of economic zones to local
and foreign locator enterprises.
Manufacturing
Economic Zone IT enterprise or IT parks
Tourism Economic Zone Developers or Operators
Medical Tourism Enterprise
Agro-Industrial Bio-fuel
Economic Zone development and operation
Facilities provider
Utilities enterprise
Major Investors
Sam
sung
Sany
o
NEC
Epson
Phili
ps
Fuji
tsu
Lex
mar
Hitachi
Tos
hiba
OFFICE
Philippine Economic Zone Authority Roxas Boulevard
corner San Luis St., Pasay City Tel.Nos. (632) 5513454/551-3438/551-3436 Email: info@peza.gov.ph
Website: www.peza.gov.ph
Registration Process
Processing Time
PEZA Board meets at least twice a month. Applications
Application forms
Requirements