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Tax Incentives Services in the Philippines

Providing guidance through ongoing compliance requirements, assessing eligibility, and filing incentive applications with the relevant Philippine authorities.

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Tax Incentives Services

Eligibility Assessment

We assess your business activity, ownership structure, proposed location, and project plans to identify which incentive regime may be the best fit. This helps you avoid pursuing a route that is not aligned with your operations or current regulatory criteria.

PEZA Registration Support

We help prepare and coordinate PEZA registration requirements, including application planning, documentary review, and support throughout the filing process. Our team works with you to organise key corporate and project documents and minimise avoidable delays.

BOI Registration Support

We assist businesses applying for BOI incentives by reviewing eligibility against current priority activities, preparing application materials, and supporting submission requirements. We also help structure the documentary package in a practical and organised manner.

CDC and TIEZA Advisory

We provide guidance for businesses exploring registration with CDC or TIEZA, including suitability assessment, documentary mapping, and process support. This is especially valuable for investors entering location-specific or sector-specific projects.

CREATE Act Advisory

We advise on the practical tax incentives environment under the CREATE Act framework, including how incentive structures, availment periods, and ongoing conditions may affect your planning. Our support focuses on helping you understand the operational implications for your business.

Documentary Preparation and Review

We assist with the preparation, review, and consolidation of registration documents, resolutions, project briefs, feasibility materials, and supporting corporate records. A complete and organised submission package can help improve efficiency during the application process.

Compliance Support After Registration

Registration is only one part of the process. We help businesses understand their post-registration obligations, including maintenance of documentation, monitoring requirements, and coordination with the relevant agency where necessary.

Renewals and Reporting Support

Some registrations, incentives, or related approvals may involve periodic reporting, renewal actions, or ongoing submissions. We support your internal team in tracking these requirements and preparing the necessary documents on time, using clear British English terminology throughout our communications and documentation.

Tax Incentives Consultation

Our team provides practical advisory support for businesses that require guidance on incentive options, registration strategy, documentary requirements, and compliance matters. We focus on clear next steps so you can make informed decisions with greater certainty.

Key Tax Incentive Agencies in the Philippines

Philippine Economic Zone Authority (PEZA)

PEZA is frequently relevant for companies operating in export-oriented or strategic industries, including manufacturing, IT, tourism, and similar sectors, particularly where operations are situated within PEZA-accredited economic zones.

  • Income tax holiday for a defined period

  • Enhanced deductions or special tax treatment after the holiday period, subject to current rules

  • Tax and duty-free importation of capital equipment, spare parts, and accessories

  • Exemption from certain withholding taxes

  • Additional deductions for labour expenses

  • Employment of foreign nationals in supervisory, technical, or advisory roles, subject to applicable rules

Board of Investments (BOI)

BOI may be suitable for fully foreign-owned export enterprises and other businesses engaged in activities listed under the Strategic Investment Priorities Plan. It is commonly considered by companies in sectors the government aims to promote under current investment policy.

  • Income tax holiday for a defined period

  • Enhanced deductions or special tax treatment after the holiday period, subject to current rules

  • Tax and duty-free importation of capital equipment, spare parts, and accessories

  • Exemption from certain withholding taxes

  • Additional deductions for labour expenses

  • Exemption from certain export-related taxes, duties, imposts, or fees

  • Tax credits on imported raw materials

  • Employment of foreign nationals in eligible positions, subject to regulations

Clark Development Corporation (CDC)

CDC may be relevant to businesses planning to operate within the Clark Freeport Zone. It can be attractive to investors seeking a strategic location with access to infrastructure, logistics advantages, and incentive support under the current investment framework.

  • Income tax holiday for a defined period

  • Enhanced deductions or special tax treatment after the holiday period, subject to current rules

  • Tax and duty-free importation of capital equipment, spare parts, and accessories

  • Exemption from certain withholding taxes

  • Additional deductions for labour expenses

  • Fiscal incentives available under the CREATE MORE Act framework

  • Certain tax exemptions or deductions, where applicable

  • Operational support linked to registration within Clark

Incentives may vary depending on project structure and current rules.

Tourism Infrastructure and Enterprise Zone Authority (TIEZA)

TIEZA may be applicable to tourism-related enterprises operating within Tourism Enterprise Zones, including businesses such as travel and tour operators, restaurants, theme parks, and other tourism ventures designed to attract domestic and international visitors.

  • Access to incentives similar to those available under PEZA, subject to applicable rules

  • Additional deductions related to environmental protection, cultural preservation, or community programmes, within permitted thresholds

  • Protection from requisition of property during war or national emergency, subject to law

  • Repatriation of investment in the original investment currency

  • Eligibility to apply for certain investor or work visas, where requirements are met

Why Choose Ascentium Philippines

We help you understand what may apply to your business, what documents are required, and which steps are involved, so your team can move forward with greater clarity.

CORPORATE SERVICES_ TAX INCENTIVES

Tax Incentives Advisory By Experts

Our team brings hands-on experience in corporate advisory, regulatory documentation, and investor support in the Philippines, helping businesses approach tax incentives with clearer planning and stronger process control. 

Our Other Corporate and Advisory Services

Incorporation

Comprehensive structuring and seamless registration of your business.

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Corporate Secretarial Services

Ongoing statutory compliance, SEC filings  and corporate housekeeping. 

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Tax Compliance

BIR filings, income tax compliance, and regulatory reporting.

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Outsourced Bookkeeping

Bookkeeping, financial reporting, and accounting support.

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Payroll Services

Payroll administration, statutory contributions, and employment compliance.

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Immigration Services

Work visa applications and immigration compliance support.

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Frequently Asked Questions (FAQs)

Tax incentives are benefits granted to eligible businesses to encourage investment in the Philippines. Depending on the applicable regime, these may include income tax holidays, duty-free importation, enhanced deductions, or other fiscal and non-fiscal benefits.

Insights & Resources

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