The Board of Investments (BOI) said on Thursday it is finalizing the memorandum circular (MC) to facilitate the seamless transfer of registration from the Philippine Economic Zone Authority (PEZA) to the BOI.
The Board of Investments said on Thursday it is finalizing the memorandum circular to facilitate the seamless transfer of registration from the Philippine Economic Zone Authority to the BOI.
Portoza divulged some relevant details which will be crucial in the RBEs’ transfer of registration from the PEZA to the BOI to enjoy the benefit of adopting up to 100 percent work-from-home arrangement without losing their “current incentives or remaining incentives.” With around two months left from the deadline of the transfer of registration, Portoza unveiled the crucial steps in the said transfer, noting that the “reckoning point” would be the date of the endorsement by the concerned IPA and the applicable payment fee for the certificate of registration .
Meanwhile, Ian Leuterio, deputy executive director of the Fiscal Incentives Management Group of the FIRB Secretariat, laid down the steps for the process for the transfer of registration to BOI.
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