The Philippines as an Outsourcing Destination

Investment Incentives

4 to 8 years Income Tax Holiday (ITH)

Special 5% tax rate on gross income after the lapse of ITH (for IT Park / Ecozone locators)

Tax and duty exemption on imported capital equipment (for IT Park / Ecozone locators)

Unrestricted use of consigned equipment

Additional deduction for labor expense up to a maximum of 150%

Additional deduction for training expense up to a maximum of 150%

Exemption from wharfage dues

Employment of foreign nationals

Click here for information on setting up a business entity in the Philippines.