We provide expert guidance and processing services for businesses operating within PEZA zones, ensuring compliance with tax incentives, import/export regulations, and other legal requirements.
The Philippine Economic Zone Authority (PEZA) is a government agency responsible for promoting and facilitating investments in special economic zones (eco-zones) across the Philippines. It operates under the Department of Trade and Industry (DTI) and provides fiscal and non-fiscal incentives to local and foreign businesses engaged in export manufacturing, IT services, tourism, logistics, agro-industrial activities, and other priority industries.
PEZA is tasked with regulating and overseeing eco-zones, which include manufacturing zones, IT parks, tourism zones, medical tourism parks, and logistics hubs. Businesses registered with PEZA benefit from tax incentives such as income tax holidays (ITH), duty-free importation of capital equipment, VAT zero-rating on local purchases, and streamlined customs and import-export procedures.
PEZA plays a crucial role in attracting foreign direct investment (FDI), boosting exports, and generating employment by ensuring a business-friendly environment within designated economic zones.
For businesses operating in PEZA zones, Jill L. Tolentino Customs Brokerage ensures that they maximize the incentives and benefits available to them. We assist in navigating tax exemptions, duty-free import privileges, and other regulatory advantages.
Our expertise in PEZA regulations allows traders to streamline their operations while maintaining full compliance, giving them a competitive edge in the industry.
The Philippine Economic Zone Authority (PEZA) is a government agency that promotes investments in the Philippines by establishing and regulating economic zones. PEZA provides incentives such as tax holidays, duty exemptions, and other benefits to businesses operating within these zones, with the goal of boosting the country’s economic development.
PEZA-registered businesses are entitled to import duty and tax exemptions on raw materials, capital goods, equipment, machinery, and other necessary goods for production, as long as these imports are intended for use within the PEZA-designated economic zones and meet the requirements set by PEZA and the Bureau of Customs
Yes, PEZA-registered companies are generally exempt from customs duties and VAT on imported goods, provided the items are used for manufacturing, processing, or other authorized activities within the economic zones. However, certain restrictions may apply depending on the nature of the goods being imported.
Yes, PEZA-registered companies still need to file customs declarations for their imports. However, these declarations will indicate the exemption from duties and taxes based on the PEZA registration. Proper documentation is required to ensure that the company qualifies for these exemptions.
Yes, PEZA-registered companies can import raw materials from other countries for production within the economic zones. These imports are exempt from duties and VAT as long as they meet the criteria for PEZA registration and are used for manufacturing or other eligible activities.
Jill L. Tolentino Customs Brokerage (JLTCB) can assist PEZA-registered businesses with the importation process, including preparing and filing import documents, ensuring compliance with PEZA and Bureau of Customs regulations, and managing customs duties and tax exemptions. JLTCB’s licensed customs brokers can provide expert guidance to streamline the importation process and avoid delays or penalties.
At Jill L. Tolentino Customs Brokerage, we specialize in providing expert logistics solutions tailored to help your business thrive. Whether you're importing, exporting, or navigating complex customs regulations, our dedicated team ensures seamless operations and reliable service.
