Board of Investments

BUSINESS ONE-STOP SHOP

ACTION CENTER

(BOSSAC)

Presentation Outline

BOARD OF INVESTMENTS
- Business One Stop Shop (BOSS)Action Center

2012 INVESTMENT PRIORITIES PLAN

INVESTMENT PROMOTION AGENCIES and

INVESTMENT INCENTIVES

DOING BUSINESS IN THE PHILIPPINES INVESTMENT LAWS

The new BOI : Re-engineered on

January 2012
Revival of Industry Development
Policy
Alignment of Investments and
Trade Policies, including
International Trade Negotiations
Consolidate and Streamline
Investment Promotional Activities
with the Trade Promotional
Acitivities

Due diligence assistance

Information
Visit

support

program development & investment briefing

Business

matching

Business registration facilitation

Networking

with IPUs and other government agencies on pre-operational

business requirements
Fast

Opportunities

tracking with registration procedures

Assistance

with local government requirements

Aftercare service
Presence
Regular

of government network to quickly respond to concerns

supervision & monitoring

Office of the Board of Governors

Managing Head
Management Services
Group (MSG)

BOARD OF INVESTMENTS

Finance and Administrative

Services Dept. (FASD)

NEW ORGANIZATIONAL
STRUCTURE
(January 2012)

Incentives
Dept. (ID)
Legal Services
Dept. (LSD)
Strategic Management
Services Dept. (SMSD)

Investments Servicing
Group (ISG)

Business One-Stop Shop

Action Center (BOSSAC)
Investments Assistance
Services Dept. (IASD)
BOI Extension Offices
(BEO)

Investments Promotion
Group (IPG)
International Marketing
Dept. (IMD)
Domestic Marketing
Dept. (DMD)

Industry Development
Group (IDG)
Industrial Policy Dept.
(IPD)
Infrastructure & Services
Dept. (ISD)
Manufacturing Industries
Dept. (MID)
Resource Based Industries
Dept. (RBID)
Supervision & Monitoring
Dept. (SMD) .

Agency Representatives at BOSSAC

Presence of Bureau of Immigration
Makati Extension Office (with a full staff)
All Government Investments Promotion Unit (IPU) are on call such as:
Securities and Exchange
Commission
Bureau of Internal Revenue
Bureau of Customs
Department of Tourism
Philippine Economic Zone Authority
Department of Agriculture

Tourism Infrastructure and

Enterprise Zone Authority
Department of Labor and
Employment
Department of Environment and
Natural Resources
Bangko Sentral ng Pilipinas
6

Business One-Stop Shop Action Center

(BOSSAC)

BOSSACs two divisions:

Investments Counseling Division

Investments Research & Data
Warehousing Division
7

BOI-BOSSAC SERVICES
Investment Counseling
Pre-investment
Facilitation
Investment Research
and Data Warehousing

Frontline
Services

BOI - BOSSAC Functions

Investment Counseling Division
Provides counseling/assistance/information to both
local and foreign investors on relevant laws and
procedures relative to doing business in the
Philippines through emails, walk-in clients and phone
inquiries.
Facilitation of pre-investment related transactions (e.g.
Visa, work permits, licenses, etc.).

Participation/coordination in local and foreign investment

fora/events and investment briefings for inbound
missions/delegations
9

BOI - BOSSAC Functions

Investments Research &
Data Warehousing Division
Investment Leads facilitation by Tracking through
telephone, email, or letter inquiries
Research on the Investment Incentives Code
of Local Government Units and Linked to the
BOI-Website
Investment Data Warehousing - Maintains and updates
laws from different Investment Promotion Agencies and
relevant information (e.g. Cost of Doing Business, Site
Selection, Policies and Procedures, Frequently Asked
Questions (FAQs), etc.).
10

INVESTMENTS SERVICING GROUP (ISG)

Business One-Stop Shop Action Center

Director III

Ramon L. Rosales
Admin Assistant

Driver

Susan T. Jambalos

Michael Domingo

Investments Counseling
Division

Investments Research &

Data Warehousing Division

Chief Investments Specialist

Edliberto C. Nunag

Chief Investments Specialist

Celestino S. Santiago, Jr.

Senior Investments Specialist

Marilou O. Avellanosa
Senior Investments Specialist
Senior Investments Specialist

Helen SS. Casco

Senior Investments Specialist

Investments Specialist

Anna Maria C. Pomar

Julian A. Bobis
Investments Specialist

Investments Specialist (Contractual)

Grace V. Tangcangco
Admin Aide III

Enrique P. Correa

Christine G. Querubin
Admin Aide III

Alex D. Mayores

11

CONTACT US:

www.boi.gov.ph

RAUL V. ANGELES
Executive Director
INVESTMENTS SERVICING GROUP
DTI-Board of Investments (BOI)
Industry and Investments Bldg.
385 Sen Gil J. Puyat Ave., Makati City
Telephone : (632) 890-3056
Fax No.
: (632) 897-3079
Trunk Line : (632) 897-6682 local 323/324
E-mail
: RVAngeles@boi.gov.ph

RAMON L. ROSALES
Director
BUSINESS ONE-STOP SHOP ACTION CENTER
(BOSSAC)
DTI-Board of Investments (BOI)
Industry and Investments Bldg.
385 Sen Gil J. Puyat Ave., Makati City
Telefax
: (632) 895-8322
Trunk Line : (632) 897-6682 local 253/275/249
E-mail
: RLRosales@boi.gov.ph

EDILBERTO C. NUNAG
Division Chief
Investments Counseling Division
Telefax
: (632) 895-8322
Trunk Line : (632) 897-6682 local 275/249
E-mail
: ECNunag@boi.gov.ph

CELESTINO S. SANTIAGO
Division Chief
Investments Research and Data Warehousing Div
Telefax
: (632) 895-8322
Trunk Line : (632) 897-6682 local 275/249
E-mail
: CSSantiago@boi.gov.ph

12

Business One Stop Shop(BOSS)Action

Center
Board of Investments (BOI)
Industry and Investments Bldg.

385 Sen Gil J. Puyat Ave., Makati City

Telefax

: (632) 895-8322

Trunk Line : (632) 897-6682 local 253/275/249

Website: www.boi.gov.ph
13

14

Investment Priorities Plan 2012

I. Preferred Activities
Regular List:
Agriculture/ Agri-business and Fishery
Creative Industries/Knowledge-Based
Services
Shipbuilding
Mass Housing
Iron and Steel
Energy
Infrastructure
Research and Development
Green Projects
Motor Vehicles
Tourism
Strategic Projects
Hospital /Medical Services
Disaster Prevention, Mitigation and Recovery
Projects

II. Export Activities

Production and manufacture of export products
Services exports
Activities in support of exporters

III. Mandatory List

IV. ARMM List

15

BOI Incentives Under Executive Order No. 226

1. Income Tax Holiday (ITH)
a. Six (6) years for projects with pioneer status and for projects located in a
Less Developed Area (LDA)
b. Four (4) years for new projects with non-pioneer status
c. Three (3) years for expansion/modernization projects
2. Duty exemption on imported capital equipment, spare parts and accessories
3. Exemption from wharfage dues and any export tax, duty, impost and fees
4. Tax exemption on breeding stocks and genetic materials
5. Tax credits on imported raw materials
6. Tax and duty-free importation of consigned equipment

7. Additional deduction for labor expense

8. Employment of foreign nationals
9. Simplification of customs procedures
10. Access to bonded manufacturing warehouse
16

Attractive Investment Incentives

Comparison of Incentives

.
INCENTIVE

Income Tax Holiday

(ITH)
ITH Bonus

BOI
(Executive Order No. 226, as
amended)

PEZA
(Republic Act No. 7916, as
amended)

4 6 years (max of 8 years)

Wharfage Dues and Export Tax,

Duty, Impost and Fees
Simplification of Customs
Procedures
Employment of Foreign
Nationals

Exempted from all local and national

taxes - value-added taxes, franchise
taxes, excise and ad valorem taxes)

3 years provided the firm meets certain conditions

Special Tax Rate of 5% on Gross

Income
Importation of Capital
Equipment, Spare Parts and
Supplies

CDC / SBMA
(Republic Act No. 7227 Bases
Conversion Devt Authority

Special Tax Rate of 5% on Gross Income

Duty-free

Tax and Duty-Free

Exempted
Available
Foreign nationals may be employed in supervisory, technical or advisory positions within 5 years from a
projects registration, extendible for limited periods. The positions of president, general manager, and
treasurer or their equivalents, of foreign-owned registered firms may be retained by foreign nationals for a
longer period.
All foreign employees may bring with them their spouses and unmarried children under 21 years of age.

Investments Promotion Agencies

1.Board of Investments
2. Philippine Economic Zone Authority
3. Clark Development Corporation
4. Subic Bay Metropolitan Authority
5. Cagayan Economic Zone Authority
6. Regional Board of Investments-Autonomous Region in Muslim Mindanao
7. Zamboanga Economic Zone Authority
8. PHIVIDEC Industrial Authority
9. Aurora Special Economic Zone Authority
10. Bases Conversion and Development Authority
11. Tourism Infrastructure and Enterprise Zone Authority
12. Authority of Freeport Area of Bataan
13. Philippine Retirement Authority