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;

 

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

 

3. 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

 

4. 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