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TIEZA explains the benefits of registering  tourism-oriented investment with the agency

Photo taken from TIEZA Facebook Page

The Tourism Infrastructure and Enterprise Zone Authority (TIEZA) is the Investment Promotion Agency (IPA) for the Philippine tourism industry, created under the Tourism Act of 2009. It promotes tourism investment and grants fiscal incentive packages to investors engaged in tourism-oriented projects and activities under the Strategic Investment Priority Plan (SIPP) of the Philippines.

Based on the announcement published on its website, these are the benefits of registering with TIEZA:

Grants Fiscal Incentives to Tourism Investors

TIEZA grants fiscal incentives packages for new and existing tourism-oriented projects or activities that include:

  • Income Tax Holiday
  • Special Corporate Income Tax
  • Enhanced Deductions
  • Duty Exemption on Importation, and
  • VAT Exemption on Importation and VAT Zero-rating

Registers Tourism Projects/Activities Located Anywhere in the Country

TIEZA registers all tourism-oriented projects listed in the SIPP regardless of location.

Conducts Business Briefings with Prospective Applicants

Business Enterprises interested to learn more about the benefits of registering with TIEZA may conduct a virtual or face-to-face business briefing with TIEZA’s Evaluation and Registration Division (ERD) for assistance and/or guidance on the registration procedure and requirements.

For more information, the interested parties may contact TIEZA’s Evaluation and Registration Division (ERD) at (+632) 8249.5900-79 local 747 or email them at tez.erd@tieza.gov.ph.

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