Benefits Incentives and Rights
| BOI Privileges as Zone 3 |
1) Duty exemption on machinery import
2) Exemption on corporate income tax for 8 years
3) 50% reduction on corporate income tax for 5 years after the exemption
period
4) Exemption on import duty on raw materials or essential materials
used for manufactured export product for 5 years
5) Double deduction on electricity and water costs from taxable income
for 10 years
6) 25% deduction on infrastructure and construction costs from net profit
within 10 years
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