The ordinance, which updates the city's economic development incentives code, aims to offer "better and more customized fiscal incentive packages to medium and large businesses," the local government said.
Under the policy, new medium and large enterprises with assets of more than P15 million (excluding land value) may apply for a two-year exemption from business, amusement, franchise and real property taxes on registered land and new buildings constructed within two years from registration.
Bu hikaye The Philippine Star dergisinin September 30, 2024 sayısından alınmıştır.
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Bu hikaye The Philippine Star dergisinin September 30, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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