Tax Advantages and other Government Incentives

Enjoy special tax advantages when you locate in Philexcel.

Businesses inside CSEZ are exempt from the usual local and national taxes. Instead, a minimal corporation tax of five percent of Gross Income Earned (GIE) with allowable deductions is applied.

Philexcel tenants can apply to the Board of Investments for an Income Tax Holiday, up to six full years where corporate income tax is waived.

Philexcel has established a strong relationship with the Board of Investments where its tenants can apply for further tax savings by applying for Regional Enterprise status, allowing additional items for deduction (such as advertising, representation and more), effectively reducing the flat five percent income tax rate in force after the Income Tax Holiday grace period.

Full ownership of foreign companies is permitted.

Expats can quickly receive working visas through CDC’s One Stop Action Center.

Clark is an independent customs territory, which means shipments are opened and closed in Clark and are not subject to inspection and delays at the port in Manila. Having a local customs office dedicated to Clark greatly accelerates the efficiency of shipments and avoids congestion elsewhere.