Do Business
Investing in the greenest and cleanest province at the heart of Mindanao is not only rewarding but a pleasure. Providing ease in starting a business is our primary concern. Fiscal and Non-Fiscal incentives also awaits new and Existing Enterprise.
Fiscal Incentives to New Registered Enterprise
- 100% Tax Exemptions in Incentives for three (3) years up to six (6) years in a form of a discount from Real Property Tax corresponding to the 35% share of the province on industrial/commercial buildings and improvements, inclusive of what has been provided by the law shall take effect on the month of January of the following year after occupancy:
- 100% Tax Exemptions on the Real Property Tax for three (3) years up to (6) years on equipment, machineries and devices (other than those used for anti-pollution and environment protection) without limit on the value or acquisition price thereof:
Who may Qualify?
✓ Private Business Enterprise (e.g Sole Proprietorship; Partnership or Corporation, and Enterprises registered under an existing incentives law with BOI Certificate of Registration).
✓ Micro-Small Medium Enterprise (MSME) business that meet the criteria below and which are to engage in a business activity included in IPA List:
✓ BY ASSET SIZE:
• Micro Enterprise: Up to Php 3,000,000,00
• Small Enterprise: Php 3,000,001 - Php 15,000,000
• Medium Enterprise: Php 15, 000,001 - Php 100,000,000
Nonfiscal Incentives
Through the LEDIP Office, nonfiscal incentives to Registered Enterprise are as follow:
- One-stop documentation for the simplified registration procedure
- Referral to existing technical and financial assistance to programs available through government and non-government organizations.
- Facilitation of outbound and inbound missions of investors;
- Assist potential and existing investors in: (1) securing of business, construction, and other regulatory permits and licenses; (2) identifying business and joint venture partners' raw materials suppliers; and (3) sourcing of skilled manpower and service providers;
- Assistance in site selection of LIPA's;
- Provide opportunities for micro and small enterprises to participate in trade fairs and exhibits, entrepreneur development and training, and inclusion in business matching.
- Such other aftercare services that may be afforded to investors, such as:
- Assist the micro-small-medium and large enterprise availing the "Barangay-Micro Business Enterprise" (BMBE);
- Other non-fiscal incentives as may be determined by the board.
Where to Invest?
a. Corn-based Industries
- Post-Harvest Facilities
- Feed Mill
- Corn Processing
b. Rice-based Industries
- Post-Harvest Facilities
- Rice Processing
c. Sugarcane-based Industries
- Alcohol production and processing
- Sugar processing
d. Root crops Processing (cassava & other root crops)
e. Banana Processing
f. Pineapple Processing
g. Coconut Processing
h. Certified organic crops
i. Coffee and Cacao Production and Processing
j. Fruits and vegetable production and processing
- Noodles production
- Vegetable and fruit canning, freezing, dehydration and other means of preservation and packaging
- Post-harvest Facilities
k. Commercial seed production
l. Cut flower production
m. Integrated livestock breeding and processing
- large animal breeding, production and fattening
- Meat processing
- Tannery and Leathercraft production
- Cold storage, Triple A Slaughterhouse
- Slaughtering and production of dressed carcass and prime cuts of pork and beef
- Dairy Production and Processing
n. Freshwater fish production, breeding and processing
o. Herbal medicine production and processing
p. Textile and garment production from pineapple leaves, abaca and banana stalks as material, and other natural fiber including barangay level degumming and cotonizing activities and abaca production.
q. Pulp processing from farm wastes
r. Organic Fertilizer Production
s. Bio-energy crops for green fuel
a. Rubber production and processing
b. Oil palm production and processing
c. Bamboo production and processing
d. Industrial tree plantation
e. Security paper manufacturing (abaca-based)
f. Fire-resistant particle board manufacturing
g. Wood processing using fast-growing species
a. Bulk handling and Warehousing Facilities
b. Information and communication technology
c. Call centers
d. Software Development
e. Medical transcription
f. Medical services/facilities
g. Real estate development project
h. Training and sports facilities
i. Manufacture of agricultural and industrial tools, implement and equipment
a. Accredited (Department of Tourism) Accommodation facilities
b. Nature parks/ mountain resorts
c. Amusement park
d. Retirement village and wellness center
e. Education-Cultural Camp
a. Research and development activities
b. Public-Private Partnership Projects
c. Agro-Industrial Processing and Service Zone
HOW TO APPLY?
PGO-LEDIPO before processing all applications for registration and availing of local incentives under the Bukidnon Incentives and Investment Code, the following requirements shall be complied with by the incoming enterprise/investor: