- Businesses and investors can avail of incentives and support from the BOI by registering their investment projects under BARMM’s investment promotion policies. This registration grants them access to incentives such as:
- Income Tax Holidays: Exemption from corporate income taxes for a specified period.
- Duty-Free Importation: Importation of capital equipment, raw materials, and supplies without paying customs duties and taxes.
- Simplified Customs Procedures: Streamlined customs procedures for registered projects.
- Special Economic Zone Benefits: Additional incentives for investments located in special economic zones.
Estimated reading time: < 1 min
Views: 21
