Department of Trade and Industry - Board of Investments

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I - HOW TO APPLY?

  1. Download forms and document templates.
  2. Accomplish the forms and complete the documents, as required.
  3. Submit the necessary documents (refer to Section II below) in two (2) sets to the Project Evaluation and Registration Department (PERD).
  4. Pay the required filing/application fee (see Section III tables below)
  5. Visit the BOI website for more information and guidance
  6. Obtain the Certificate of Registration.

 

II - WHAT ARE THE REQUIREMENTS?

  1. Copy of Applicant’s DTI Certificate of Business Registration (if sole proprietorship) or Securities and Exchange Commission (SEC) Certificate of Registration (if partnership or corporation) including Articles of Incorporation/Partnership and By-Laws, amendments thereof and copy of the updated SEC-General Information Sheet (GIS)
  2. Renewable Energy Service/Operating Contract and Certificate of Registration from the Department of Energy (DOE) - Renewable Energy Management Bureau (REMB)
  3. Environmental Compliance Certificate or Certificate of Non-Coverage from the Department of Environment and Natural Resources (DENR) - Environmental Management Bureau (EMB)
  4. Prescribed application form (BOI Form 501) duly accomplished, signed by the authorized officer and notarized;
  5. Project Report or Project Study
  6. Copy of the Enterprise’s Board Resolution authorizing its officer to transact, execute and sign in behalf of the applicant enterprise
  7. Copy of clearances from proper authorities for waste disposal and emission control (if already available).
  8. On case to case basis, proof of financial capacity of Principal Stockholders (e.g., Sworn Statement of Assets and Liabilities and latest Income Tax Return)
  9. Copy of Audited Financial Statements (AFS) and Income Tax Return (ITR) for the past three (3) years, or for the period the enterprise has been in operation if less than three (3) years
  10. Lot title of site, if owned, or leasehold contract, if leased.
  11. Proforma invoices of the capital equipment to be acquired

 

 

 

III - HOW MUCH TO PAY?

  1. Filing Fees

Filing Fee for New/ Expansion Projects

Classification

Project Cost

MSE Fees

Regular Fees

Micro

Not exceeding Php3M

Waived

Php1,500

         Small

Exceeding Php3M but not over Php4M

Php375

Php1,500

Exceeding Php4M but not over Php15M

Php750

Php3,000

 

Medium

Exceeding Php15M but not over Php20M

NA

Php3,000

Exceeding Php20M but not over Php50M

NA

Php4,500

Exceeding Php50M but not over Php100M

NA

Php6,000

Large

Over Php100M

NA

Php6,000

 

 

 

 

Filing Fee for Existing Projects

Classification

Assets

MSE Fees

Regular Fees

Micro

Not exceeding Php 3M

Waived

Php1,500

Small

Exceeding Php3M but not over Php15M

Php 375

Php1,500

Medium

Exceeding Php15M but not over Php100M

NA

Php1,500

Large

Over Php 100M

NA

Php1,500

 

 

 

 

 

 

  1. Registration Fees

Registration Fee for New/ Expansion Projects

Classification

Project Cost

MSE Fees

Regular Fees

Micro

Not exceeding Php 3M

Waived

 

 

1/10 of 1% of project cost, but not less than Php3,000.00; and not to exceed

Php15,000.00

 

 

 

Small

 

 

 

Exceeding Php 3 M but not over Php 15M

25% of 0.1% of project cost. But not less than Php3,000.00

Medium

Exceeding Php 15M but not over Php 100M

 

NA

Large

Over Php 100M

NA

Registration Fee for Existing Projects

Classification

Assets

MSE Fees

Regular Fees

Micro

Not exceeding Php 3M

Waived

Php 3,000.00

Small

Exceeding Php 3M but not over PhP 15M

Php 750

Php  3,000.00

Medium

Exceeding Php 15M but not over Php 100M

NA

Php  3,000.00

Large

Over Php 100M

NA

Php  3,000.00

 

There is an additional fee for Legal Research Fund (LRF), equivalent to 1% of filing fee but not lower than Php20.00 as per P.D. 1856.

 

I - HOW TO APPLY?

 

Download and submit an application for importation accompanied by a quotation/proforma invoice in the name of the applicant as consignee to whom the shipment will be released by the Customs authorities.

 

II - WHAT ARE THE CONDITIONS FOR AVAILMENT OF DUTY FREE IMPORTATION?

 

  1. The capital equipment, spare parts and accessories to be imported are not manufactured domestically in sufficient quantity, of comparable quality and at reasonable prices.

 

Capital equipment, spare parts and accessories shall not be considered available in sufficient quantity if they cannot be made available to the registered enterprises at the time of need or within a reasonable period. In determining whether quality is comparable, the test, among others, will be whether or not the registered operations will be adversely affected or the resulting product will be of lower quality or the cost of operation will be increased.

 

In determining reasonableness of the prices quoted by the domestic manufacturers, the BOI may be guided by the acquisition cost of such capital equipment, spare parts and accessories imported into the Philippines, assuming all applicable taxes and duties were paid thereon, plus a fifteen percent (15%) mark-up;

 

  1. They are reasonably needed and will be used exclusively by the enterprise in its registered activity;

 

  1. The approval of the BOI was obtained by the registered enterprise for the importation of such capital equipment, spare parts and accessories before the purchase order is made or before the corresponding letters of credit were opened. Further, the application for importation shall be accompanied by a quotation/proforma invoice in the name of the applicant as consignee to whom the shipment will be released by the Customs authorities; and

 

  1. Subject to reasonable allowance, the rated capacity of the capital equipment, if applicable, to be imported is within the registered capacity of the registered enterprise.

 

III - HOW MUCH TO PAY?

 

Application fee

Php1,500

Issuance fee

1/2 of 1% of duties waived; but not more than Php15,000 and not less than Php300

Performance bond from GSIS; or Bank guarantee; or Stockholders' Guarantee

Equivalent to the duties waived on the imported capital equipment, spare parts or accessories