Agusan Del Sur

1.       REAL PROPERTY TAX HOLIDAY

For three (3) years from the date of registration registered firms shall be fully exempt from Real Property Taxes for properties acquired and actually used for its business operation.

 

2.       TRANSFER OF REAL PROPERTY TAX

For three (3) years from commercial operation registered and expanding firms are exempt from the payment of transfer fees for real properties.

3.       FRANCHISE TAX

For three (3) years from the date of registration firms are exempt from the payment of franchise tax levied by the provincial government

4.       PROVINCIAL GOVERNOR’S FEES

For three (3) years from the date of registration, firms are exempt from the payment of provincial governor’s fee and other charges.

Subject to the adoption of the local Sangguniang Bayan concerned, qualified investors are exempt from the payment of fees relative to the issuance of buildings or fencing permits. This issuance of building and other structures that are directly and actually used for business operations. This paragraph does not apply in Case where the investors business is for housing or building houses for a profit.

Subject to the adoption of the local Sangguniang Bayan concerned quailed investors shall also enjoy discount on all local fees and other charges relative to the issuance of all local permits during the first three (3) years of operation to wit:

First year of operation                   -              35%

Second year of operation             -              25%

Third year of operation                 -              15%

Agusan del Sur resident professional who are hired on full time basis by the successful applicants to this investment program either as officers, executive, consultants or as mere employees, by virtue of this ordinance shall enjoy a fifty percent (50%) discount per year on professional fees levied by the provincial government.

Enjoy other incentives or entitlements as provided under the Philippines Omnibus Investment Code of 1998, and those being offered by the host Local Government Unit within the province: which ever is more advantageous to the investors.