INCENTIVES
FOR INVESTORS
|
Surigao City
Investment Incentives for Priority Projects
|
listed
in City Ordinance No. 246 of 2006 |
- Exemption
from the payment of business taxes |
- Exemption
of basic property tax except the 1% SEF |
Period
of Availment of Tax Exemption: |
-
3 years for capital investment of PhP 15 to 100 Million |
-
4 years for capital investment of above PhP 100 Million |
Under the Provincial Investments
Code |
For projects
in the municipalities listed in the Invesment |
Priority List of the Province |
-
3 year exemption in the payment of Provincial Government |
licenses and fees; municipal licenses and fees; business taxes |
Other investment
incentive mechanisms is granted by the |
the
national government such as those under the: |
- Board
of Investments |
-
Philippine Economic Zone Authority |
-
Mining Act; and, Agriculture and Fishery Modernization Act |