http://www.investphilippines.org.uk/components/com_gk2_photoslide/images/thumbm/163522outsourcing.jpg
Sunday, 20 May 2012 03:23h. London UK

The Philippines as an Outsourcing Destination




noa_badge

bpap_link

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.

Iloilo continues to become competitive as IT hub
Thursday, 04 February 2010 09:58    Bookmark and Share PDF Print E-mail

Iloilo a Next Wave City with human resource as its strongest indicatorThe province and city of Iloilo continue to become competitive as an information technology (IT) hub, according to Engr. Wilhelm Malones, Provincial Director of the Department of Trade and Industry (DTI).

Malones said Iloilo was adequately promoted during the Metro-Iloilo Guimaras Investment Forum held in Metro Manila last year, where presentations on the “number of endowments the city and the province has, particularly on their power supply” were made.

He added that Iloilo’s power supply problem has already been addressed with the construction of the Global Business Power Corporation (GPBC)’s coal-fired power plant which is slated to become operational within the year.

As a result of that forum, Malones said Iloilo was able to invite Transcom Asia, now in the process of relocation on the second floor of the Amigo Plaza Mall and which is presently now hiring call center agents.

Malones added that the problem with space can very well be addressed once the Pazuela, a new commercial center being constructed along Iloilo City’s Diversion Road is completed.

The second floor of said center is designed to cater to business process outsourcing (BPO) companies, he said.

Iloilo City Mayor Jerry P. Treñas also informed that the Ayala Group of Companies will likewise be establishing an IT Park near the Smallville Complex; this IT enclave is expected to become operational this November. Read more...

(www.mb.com.ph)

 

PTIC London

Embassy of the Philippines
Commercial Section
1A Cumberland House
Kensington Court
London W8 5NX
United Kingdom  View Map

Follow Us