1. Philippine Government Support to Investors

2. Philippine Investment Climate

3. Philippine Investment Trends Philippine Investment Trends (In Billion Pesos) Source: National Statistical Coordination Board (NSCB) 73% growth

4. BOI-PEZA Approved Investments BOI-PEZA Approved Investments (In Billion Pesos) 69% growth Source: National Statistical Coordination Board (NSCB)

5. Non-Philippine Nationals (individual or juridical) may invest in domestic or export- oriented (at 60% export) activities up to 100% of its capital provided these are not listed in the Foreign Investments Negative List (FINL): The Foreign Investments Act LIST A Areas of activities reserved to Philippine nationals where foreign equity participation in any domestic or export enterprise engaged in any activity listed therein shall be limited to a maximum of 40% as prescribed by the Constitution and other specific laws. LIST B Areas of activities where foreign ownership is limited pursuant to law for reasons of security, defense, risk to health and morals, and protection of SMEs

6. Government Support

7. Investment Promotion Agencies (IPAs) in RP

8. I. Preferred Activities Regular List: Agriculture/ Agri-business and Fishery Ship Building Mass Housing Energy Infrastructure Research and Development Green Projects Strategic Projects Motor Vehicles Tourism PPP Projects II. Export Activities III. Mandatory List Production and Manufacture of Export Products Services Exports (including IT& IT Enabled services) Activities in Support of Exporters Proposed Investment Priorities Plan 2011 IV. Export ARMM List

9. Comparison of Incentives INCENTIVE BOI (Executive Order No. 226, as amended) PEZA (Republic Act No. 7916, as amended) CDC / SBMA (Republic Act No. 7227 – Bases Conversion Devt Authority Income Tax Holiday (ITH) 4 – 6 years (max of 8 years) Exempted from all local and national taxes - value-added taxes, franchise taxes, excise and ad valorem taxes) ITH Bonus 3 years provided the firm meets certain conditions Special Tax Rate of 5% on Gross Income Importation of Capital Equipment, Spare Parts and Supplies Duty-freeTax and Duty-Free Wharfage Dues and Export Tax, Duty, Impost and Fees ExemptedNo exemption Simplification of Customs Procedures Available Employment of Foreign Nationals Foreign nationals may be employed in supervisory, technical or advisory positions within 5 years from a projects registration, extendible for limited periods. The positions of president, general manager, and treasurer or their equivalents, of foreign-owned registered firms may be retained by foreign nationals for a longer period. All foreign employees may bring with them their spouses and unmarried children under 21 years of age. Attractive Investment Incentives

10. Due diligence assistance Information support Visit program development & investment briefing Business matching Business registration facilitation Networking with IPUs and other government agencies on pre-operational business requirements Fast tracking with registration procedures Assistance with local government requirements Aftercare service Presence of government network to quickly respond to concerns Regular supervision & monitoring IPA Services

11. Strategic Investors Aftercare Program (SIAP) SIAP is a PROACTIVE program designed to create a high quality, trust- based, working relationship between BOI and existing investors in ensuring continuing business in the country. The BOI ensures that investors issues and concerns are addressed and managed with the following partners: Investments Promotion Unit (IPU) Network National Economic Research and Business Assistance Centers (NERBACs) Fast facilitation of investors issues and concerns Open access to public sector on investment related policy Effective and sustained interaction

12. IPU NETWORK BSP BI BOC BFAD BIR CSC NCIP CICT DA DOE DENR DOF DFA DILG DOLE DPWH DOST DOT DOTC HLURB MIAA NEDA NICA POEA BOI (secretariat) BOI (secretariat) DAR OMB SEC dispatcher / monitor Act on I/C within 5 working days for simple transaction and 10 working days for complex transaction per Anti-Red Tape Law The OMB has discussed its intention to facilitate Issues raised by the investors to NGAs thru their resident ombudsman for recommendation to OMB

13. Discover the Philippine Advantage!

14. Contact details: Asst. Secretary FELICITAS AGONCILLO-REYES Investments Promotion Group Board of Investments Industry and Investment Building 385 Sen. Gil Puyat Avenue, 1200 Makati City, Philippines Tel: (632) 896-9212/ 897-6682 ext. 327-28 Fax: (632) 8972781 Email: FAgoncilloReyes@boi.gov.ph Website: www.boi.gov.ph