SOCOTEC Certification Philippines, Inc. 2nd Floor, JD Tower, Commerce Avenue Madrigal Business Park
Ayala Alabang, Muntinlupa City, Philippines http://socotec-certification-international.ph
Investment Incentives
INVESTMENT INCENTIVES
Davao City offers incentives to new, expanding, or diversifying enterprises from single proprietorship, partnerships, corporations, or cooperatives with a minimum capital of P3 million and can be classified under any of the Preferred Investment Areas, indicated in the Davao City Investment Incentive Code.
LOCAL FISCAL INCENTIVES
3 years business tax exemption
2 years real property tax exemption
3 years mayor’s permit fees exemption
The city government offers longer fiscal incentives of 5 years for projects located in Preferred Districts of Calinan, Baguio, Marilog, and Paquibato.