OCIC Consultancy Joins as Official PEZA Partner

March 26 – OASIS Consultancy has officially signed a business cooperation agreement with the Philippine Economic Zone Authority (PEZA), becoming its recognized partner. Through this partnership, OASIS Consultancy will leverage its industry expertise and professional know-how to provide more comprehensive services to enterprises seeking to expand their business in the Philippines.

Part 1 

OCISC Consultancy Joins as PEZA Partner

At the signing ceremony, OASIS Consultancy CEO Guo Chenxi highlighted the company’s core services and achievements, emphasizing its long-standing commitment to serving Chinese enterprises and promoting China–Philippines economic cooperation. He also expressed strong expectations for building closer business ties with PEZA in the future, hoping that this partnership will serve as a bridge for more Chinese investors to access PEZA.

PEZA Director General Tereso O. Panga commended the past performance of the OASIS team, while presenting the agency’s locational advantages, vision, and incentive programs across various Philippine regions. He expressed optimism about the broad prospects of future collaboration and stressed that both parties should work more closely to promote investment, enhance business exchanges, and support economic growth.

This signing not only recognizes OASIS Consultancy’s professional capabilities and market position but also creates new opportunities for investors entering the Philippines’ economic zones.

Part 2 

What You Should Know About PEZA

1. What is PEZA?

Established under the Special Economic Zone Act of 1995, PEZA regulates special economic zones (SEZs) across the Philippines. As an investment promotion agency under the Department of Trade and Industry (DTI), PEZA is mandated to encourage foreign investment, enhance exports, and generate employment by offering fiscal and non-fiscal incentives.

PEZA currently oversees 4,352 registered companies and 419 ecozones, including 78 manufacturing ecozones, 297 IT parks/centers, 24 agro-industrial zones, 17 tourism zones, 3 medical tourism centers, and several newly emerging clusters such as aerospace, e-commerce, halal food production, renewable energy, and high-tech parks.

2. PEZA’s Economic Contribution

PEZA enterprises contribute about 17% of the Philippines’ GDP, covering nearly 80% of goods exports and 58.88% of service exports. From 1995 to 2023, PEZA-approved investments reached ₱4.3 trillion, generating more than US$100 billion in export revenues and creating 1.8 million direct jobs.

In 2024, PEZA targets ₱250 billion in investments. As of February, it had already approved 16 projects, generating ₱9.884 billion in investments, US$591.476 million in exports, and 2,243 new jobs—representing growth of 160.08%, 135.31%, and 319.25% respectively compared with the same period in 2023.

3. PEZA Incentives

PEZA offers some of the most attractive fiscal incentives in Southeast Asia:

• Income Tax Holiday (ITH): 4–7 years depending on project location, with longer terms for investments outside NCR.

• Special 5% CIT Regime: Following the ITH period, export-oriented firms may enjoy a 10-year preferential tax rate of 5% of gross income.

• Duty-Free Importation: For capital equipment, raw materials, and spare parts (up to 17 years).

• VAT Exemptions: For importation and local purchases directly related to business activities.

• Other Non-Fiscal Incentives: Simplified customs procedures, special multiple-entry visas for foreign investors, executives, technical staff, and their dependents.

• To qualify, companies must register with PEZA and operate within designated ecozones, with export-oriented firms required to sell at least 70% of production abroad.

Conclusion

PEZA remains one of the most effective gateways for global investors seeking competitive tax incentives, efficient services, and a transparent business environment in the Philippines. Whether in Metro Manila’s CBD or in emerging regions such as Cebu, Davao, and Clark, PEZA registration is a smart choice for enterprises planning to establish an export-oriented base in the country.

For OASIS Consultancy, this partnership with PEZA is both a recognition and a new mission: to provide professional, compliant, and efficient services, bridge Chinese enterprises with the Philippine ecozone system, and help investors unlock greater opportunities in the Philippines.