February 3, 2013

While attending to client queries, it has always been a challenge to identify whether a client’s activity would qualify as an Export Service with reference to the Philippine Economic Zone Authority (PEZA) requirement for registration.  According to PEZA, an Export-oriented enterprises rendering at least 70% of its products/services intended for export may be registered. What does export enterprise mean? Would the above requirement be satisfied just because a company has clients abroad and it is paid in foreign currencies so that it can now be considered as rendering export service?  The answer is NO. First, it is important to know if the activity is eligible for Peza registration.  For reference, below are the activities eligible for Peza registration:

  1. Export Manufacturing
  2. IT (Information Technology) Service Export
  3. Tourism
  4. Medical Tourism
  5. Agro-industrial Export Manufacturing
  6. Agro-industrial Bio-Fuel Manufacturing
  7. Logistics and Warehousing Services Economic Zone Development and Operation :
  8.  Manufacturing Economic Zone Development / Operation
  9.  IT Park Development / Operation
  10.  Tourism Economic Zone Development / Operation
  11.   Medical Tourism Economic Zone Development / Operation
  12. Agro-Industrial Economic Zone Development / Operation
  13. Retirement Economic Zone Development /Operation Facilities Providers
  14. Facilities for Manufacturing Enterprises
  15. Facilities for IT Enterprises
  16. Retirement Facilities
  17. Utilities

Second, the requirement of 70% must be complied with.  Under the Foreign Investment act, export enterprise shall mean an enterprise wherein a manufacturer, processor or service [including tourism] enterprise exports sixty percent [60%] or more of its output, or wherein a trader purchases products domestically and exports sixty percent [60%] or more of such purchases.  However for purposes of Peza registration, its export activity has to be 70%.

Most often, our office receives several inquiries about qualification of an enterprise with Peza, particularly, service oriented business activities. The confusion lies mostly on how to identify the services to be rendered in order to qualify.

Give us a holler and we can assist you in the evaluation of your business activities for Peza qualification.

By: Atty Grace Pangilinan


Contact us

Contact us below by filling out the form or just email us a message using the email

First Name (required)

Last Name (required)

Your Email (required)

Phone (Enter Your Phone Number if You'd Like Us to Call You)

Your Message

Enter the Captcha

友情链: IM体育数据最新版分析|预测推荐|IM体育现场视频比赛 | 2022im体育网上赛事_预测滚球_2022im体育结果回放时间 | im体育电脑版_分析官方赛事_im体育开户买球 | 2022im体育直播赛程官网|im体育的虚拟比赛技巧|2022im体育app赛事在线 | im体育电竞app|IM体育半决赛最新直播|IM体育正规版 | IM·体育平台官网_期胜负彩推荐_IM·体育盘口手机版 | 2022im体育软件注册可靠|v10.8 IOS版|2022im体育免费在线 |