Cebu functions as the IT-BPM, shared services, and maritime hub of the Visayas. Corporate setups in locations like Cebu IT Park, Cebu Business Park, or the Mactan Economic Zone (MEZ) often combine SEC registration with ecozone accreditation.
The Role of PEZA and the CREATE MORE Act
To maximize cost efficiency, tech and export-oriented firms register with the Philippine Economic Zone Authority (PEZA). Under the updated CREATE MORE (Corporate Recovery and Tax Incentives for Enterprises Maximize Opportunities for Reinvigorating the Economy) framework:
Income Tax Holiday (ITH): 4 to 7 years depending on location and priority sector.
Special Corporate Income Tax (SCIT): 5% rate on gross income earned, or enhanced deductions.
Duty-Free Importation: Zero-rated VAT and custom duty exemptions on capital equipment and raw materials.
Local Government Integration: Cebu City eBPLS
Once SEC registration and PEZA provisional approvals are secured, corporate entities finalize their Mayor’s Permit via Cebu City’s Electronic Business Permit and Licensing System (eBPLS).
Steps for BPO and Tech Locators in Cebu
SEC Incorporation: Reserve company name and complete filing on SEC ZERO.
PEZA Registration: Submit project applications to PEZA for locator status within an accredited Cebu IT park/center.
Cebu City Mayor’s Permit: File for local business tax assessment and health/sanitary permits online via eBPLS.
BIR Revenue District Office (RDO) 80/83: Register books of accounts and authority to print invoices.
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