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