NORTHERN NEGROS AGRO-INDUSTRIAL<br /> EXPORT PROCESSING ZONE

NORTHERN NEGROS AGRO-INDUSTRIAL
EXPORT PROCESSING ZONE

  • Register at the Philippine Economic Zone Authority Certificate of Registration: EZ 09-10, Feb. 17, 2009
  • 160 hectares
  • 800- meter access road
  • Energized with P10.6 million power connection
  • Sufficient Ground Water Source (Volume Discharge: Q= 300 gallon per minute at 300 feet depth )

Incentives (Under Special Economic Zone Act of 1995)

  • Income tax holiday for 4 to 6 years
  • Option to pay 5% on gross income
  • Exemption from Duties and taxes on imported capitals, equipment, spare parts, supplies and raw materials
  • Equivalent tax credits if the above items are purchase locally
  • Exemption from wharfage dues and export taxes, impost and fees
  • Permanent residence status for investors and their family
  • Employment of foreign nationals
  • Simplified import and export procedures