Accepting new inquiriesPhilippine market entry & PEZA advisoryTechnology-enabled business consultancy

Inquire now

Philippines · Board of Investments

Invest with purpose. Grow with incentives.

Planning to establish, expand or modernize a business in the Philippines? Trangia Business helps investors understand the Board of Investments registration pathway, assess potential incentive eligibility and organize the requirements for a more informed investment decision.

Explore the BOI process ↓ Discuss your project ↗

Investment planning

BOI registration

CREATE MORE incentives

Investment · Innovation · Growth

Understanding BOI

What is the Board of Investments?

The Board of Investments is the Philippine government's lead investment promotion agency under the Department of Trade and Industry (DTI).

Promoting strategic investments

BOI promotes investments that support Philippine industrial development, encourage job creation, strengthen local industries and contribute to economic growth.

Administering investment incentives

BOI evaluates and registers qualified projects and activities under applicable investment laws and the Strategic Investment Priority Plan (SIPP). Approved projects may qualify for applicable fiscal and non-fiscal incentives.

Important distinction: BOI registration is not the same as ordinary business registration with the SEC, DTI or BIR. It is a separate investment registration process for a qualified project or activity. A company must still comply with the applicable corporate, tax, local permitting and sector-specific requirements.

Investment eligibility

Could your business qualify for BOI?

Eligibility is assessed at the project or activity level. The nature of the business, SIPP coverage, ownership, market orientation and supporting documentation all matter.

01 / NEW INVESTMENT

New business projects

Businesses establishing a new qualified project or activity in the Philippines may explore BOI registration where the proposed activity is covered by the applicable investment priorities.

02 / EXPANSION

Business expansion

Existing enterprises planning additional capacity, new facilities, new product lines or qualified expansion activities may assess whether the proposed investment can be separately registered.

03 / MODERNIZATION

Modernization projects

Enterprises investing in qualifying modernization, improved production systems, technology or operational capabilities may explore the applicable registration route.

How the SIPP affects eligibility: The 2026 Strategic Investment Priority Plan identifies priority activities, industry tiers and applicable coverage. A project must be checked against the current SIPP and its specific guidelines. Being in a generally attractive industry does not automatically make a project eligible.

2026 investment priorities

The Strategic Investment Priority Plan.

The SIPP is the government's framework for identifying priority investments that may qualify for incentives under CREATE MORE.

THE PRIORITY FRAMEWORK

Why the SIPP matters

The SIPP defines the priority projects and activities, their industry-tier classification and relevant coverage. The 2026 SIPP was approved through Memorandum Order No. 47 and launched by BOI in June 2026.

BOI evaluates the proposed registered project against the applicable SIPP coverage and the requirements under the relevant investment law and implementing rules.

PROJECT CLASSIFICATION

Industry tiers and project fit

The SIPP uses industry tiers to prioritize activities according to their contribution to economic development, innovation, local value creation, employment and strategic industrial capabilities.

The appropriate tier and incentive entitlement must be verified against the actual 2026 SIPP and its detailed guidelines.

For investors: Do not rely on an old priority-activity list when preparing a new application. Trangia Business can help identify the relevant activity classification and coordinate a review against the current BOI requirements.

Read about the 2026 SIPP ↗

CREATE MORE Act · RA 12066

Potential BOI investment incentives.

Qualified registered business enterprises may access different incentive packages depending on their project classification, market orientation, location and applicable approval authority.

Income Tax Holiday (ITH)4–7 years4–7 yearsExemption from income tax on the approved registered project or activity for the applicable entitlement period.Duration depends on the applicable rules, location and SIPP tier.

Special Corporate Income Tax5% SCIT5% SCITA possible post-ITH option for qualified registered export enterprises, based on gross income earned, subject to applicable rules and conditions.Not a general incentive for every domestic-market enterprise.

Enhanced Deductions RegimeEDREDRAdditional allowable deductions for qualified registered projects. The applicable deductions and entitlement period depend on the project and current rules.Available to qualified export and domestic-market enterprises.

Customs duty exemptionQualified importations of capital equipment, raw materials, spare parts and accessories directly attributable to the registered project may qualify for customs duty exemption.

VAT-related incentivesQualified registered export enterprises and eligible high-value domestic-market enterprises may access VAT exemption on importation and VAT zero-rating on qualified local purchases.

Other applicable supportDepending on the project and applicable law, registered enterprises may also access certain non-fiscal privileges and investment facilitation mechanisms.

Choosing the right incentive package matters. Under CREATE MORE, qualified registered business enterprises may have different options, including ITH followed by an applicable post-ITH incentive or an eligible alternative package. The elected package may be irrevocable for the entire entitlement period. Investors should evaluate the financial and tax implications before making their election. No incentive is guaranteed by this page.

Understand your market orientation

Export enterprise or domestic-market enterprise?

The distinction can affect the incentive options available to a registered project. Your actual sales model and export performance must be reviewed.

Classification

Registered Export Enterprise

Domestic Market Enterprise

General market test

Generally exports at least 60% of output for a manufacturer, processor or service enterprise, subject to the legal definition.

Primarily serves the Philippine domestic market or does not consistently meet the applicable export threshold.

Post-ITH option

May choose between qualified 5% SCIT or Enhanced Deductions, subject to the law.

May qualify for Enhanced Deductions, subject to the law.

VAT-related treatment

Qualified importation and local purchases may receive applicable VAT treatment.

VAT benefits are subject to specific eligibility rules, including applicable high-value domestic-market enterprise conditions.

What to review

Export contracts, projected sales, export destinations, products and services.

Domestic customers, revenue projections, local market strategy and project classification.

The table is a simplified overview, not a substitute for the statutory definitions and implementing rules. The 60% export threshold and other conditions must be checked against the applicable law and BOI guidance.

BOI or PEZA?

Two investment pathways. Different considerations.

Both are Philippine investment promotion agencies, but their registration frameworks and location considerations are different.

Consideration

BOI

PEZA

Project location

May be located anywhere in the Philippines, subject to SIPP priority and applicable requirements.

Generally requires the project to be located in a PEZA-registered economic zone or IT park, as applicable.

Main focus

Promotes qualified investments and priority activities across the country.

Promotes and regulates qualified activities operating within PEZA economic zones and covered programs.

Location flexibility

Can offer broader location flexibility for projects that meet the relevant requirements.

Location and zone availability are central considerations.

Incentives

Applicable CREATE MORE incentives for qualified registered projects.

Best first question

Does the activity qualify under the current SIPP, and is BOI the appropriate registration route?

Does the activity qualify for PEZA registration, and is the proposed location an appropriate registered zone?

Which one is better? There is no universal answer. The right route depends on the activity, proposed location, ownership, market orientation, operational requirements and expected incentive treatment. Trangia Business can help you compare the two pathways before you commit to a structure or location.

Explore PEZA registration ↗

Registration roadmap

How BOI registration works.

A structured application starts with project qualification and preparation. The final process and documentary requirements are determined by BOI and the applicable investment rules.

Initial assessment

Define the proposed activity, business model, ownership, project location, investment size and target market.

Eligibility and SIPP review

Check the proposed activity against the current SIPP, applicable industry tier, registration category and incentive conditions.

Prepare the application

Organize corporate records, project descriptions, financial projections, business model, investment details and supporting documents.

File and coordinate

Submit through the prescribed BOI application channel, respond to requests for clarification and coordinate the evaluation process.

After registration: Approval is not the end of the process. Registered enterprises must comply with the conditions of their Certificate of Registration, incentive approvals, reporting obligations and other applicable regulations.

Application preparation

Documents and information to prepare.

The exact checklist depends on the project type and BOI's current application requirements. The following items are a practical starting point based on official application guidance.

SEC or DTI business registration documents, as applicable.

BIR Certificate of Registration and relevant tax information.

Secretary's Certificate or Special Power of Attorney authorizing the representative.

Audited Financial Statements for the past three years, or latest/interim statements for newly established entities, as applicable.

Stockholder information and corporate ownership structure, where applicable.

Project description, business model and product or service specifications.

Proposed project location and relevant site information, including a location map.

Project setup timetable and expected start of commercial operations.

Investment capital breakdown, funding sources and projected investment inflows.

Long-term financial projections, including income statement, balance sheet and cash flow.

Projected employment, payroll and operating expenses.

Process flowchart, product images, contracts or other activity-specific supporting documents, if applicable.

Preparation tip: BOI's current registration checklist includes project-specific requirements. Some applications require detailed long-term financial projections and additional supporting material. Do not treat this summary as the final submission checklist.

View BOI's application requirements ↗

Your investment support partner

How Trangia Business can help.

BOI registration involves more than completing an application. Trangia Business helps bring the investment plan, documents, financial information and next steps together.

01 / STRATEGY

Investment pathway assessment

Understand your proposed activity, project objectives and potential registration routes. We help identify whether BOI, PEZA or another investment pathway should be explored.

02 / ELIGIBILITY

SIPP and project readiness review

Organize the information needed to assess the activity against current investment priorities, market orientation and relevant project requirements.

03 / STRUCTURE

Business setup coordination

Coordinate the business registration and setup requirements relevant to the proposed investment, working with the appropriate professionals and government agencies.

04 / DOCUMENTATION

Application document preparation

Help organize corporate records, project information, supporting documents and the administrative details required for an application package.

05 / FINANCIALS

Financial projections coordination

Assist in organizing project assumptions, investment schedules, operating costs, revenue forecasts and supporting financial information with qualified accounting professionals as needed.

06 / ONGOING SUPPORT

Compliance and reporting coordination

Help clients plan for recurring reporting, financial records, tax coordination and the operational responsibilities associated with an approved project.

Our role: Trangia Business provides business planning, documentation support and coordination. Government agencies make registration and incentive decisions. Legal opinions, tax opinions, audits and regulated professional services should be provided by appropriately qualified and licensed professionals.

A coordinated approach

More clarity before you invest.

Our focus is to help you understand the requirements, organize the moving parts and make decisions with a clearer view of the process.

Bring investment planning, business setup, financial information and compliance considerations into one organized discussion.

Focus on the actual business activity, location, ownership and operational requirements rather than relying on generic incentive assumptions.

Understand what information is needed, what should be reviewed and which requirements may need professional or agency input.

Plan for the financial, tax, reporting and administrative responsibilities that continue after a project is registered.

Common questions

BOI registration FAQs.

Answers to common questions investors ask when exploring BOI registration in the Philippines.

BOI registration is the registration of a qualified business project or activity with the Philippine Board of Investments. It may allow the registered project to access applicable investment incentives and facilitation, subject to the relevant laws, approval and compliance requirements.

BOI registration can cover qualified projects located anywhere in the Philippines, subject to SIPP priority and the applicable requirements. This is an important distinction from PEZA pathways, where the location within a registered economic zone or covered area is generally central to registration.

No. The proposed project or activity must satisfy the applicable eligibility rules and priority requirements. The company structure, market orientation, location, project details and supporting documents may all be relevant.

Foreign investment may be possible, subject to the applicable foreign ownership rules, sector restrictions, investment laws and project eligibility requirements. BOI registration does not automatically remove nationality restrictions or other capitalization and licensing requirements.

No. Incentives are subject to project approval, the applicable incentive package, SIPP classification, statutory conditions and compliance. The available incentive and entitlement period must be confirmed for the specific registered activity.

ITH is an Income Tax Holiday on the approved registered project or activity. SCIT is a special corporate income tax option for qualified registered export enterprises. EDR provides additional deductions for qualified registered projects. The options, durations and conditions differ depending on the project and applicable law.

Processing time depends on the completeness and complexity of the application, project evaluation, applicable approval authority and any requests for additional information. Trangia Business can help prepare and organize the submission, but cannot guarantee a government processing timeline.

No. BOI and the relevant government authorities determine registration approval and incentive entitlement. Trangia Business supports project preparation, documentation and coordination to help clients approach the process in an organized manner.

An existing enterprise may explore registration for a qualified expansion, modernization or additional project, subject to the relevant rules. The proposed activity and incremental investment should be reviewed against BOI requirements.

Official government references

Research your investment with reliable sources.

Use official government resources to review current registration guidance, application requirements and investment regulations.

Board of InvestmentsOfficial BOI website, investment information and announcements.Visit BOI ↗ BOI Business One Stop ShopGuidance on online BOI transactions and application services.View BOSS guidance ↗ Fiscal Incentives Review BoardBasic documentary requirements and tax incentive application guidance.View FIRB guidance ↗ BOI Registration ApplicationBOI's published application procedure and documentary checklist.View application PDF ↗ CREATE MORE Act · RA 12066Read the law amending the Philippine tax incentive framework.Read the legislation ↗ 2026 Strategic Investment Priority PlanBOI announcement on the approved 2026 investment priorities.Read BOI announcement ↗

₱

Start your investment journey

Let's assess your BOI pathway with clarity.

Tell Trangia Business about your proposed activity, investment plans and target location. We'll help identify the key questions, potential registration pathway and practical next steps.

Request a BOI consultation ↗ Explore our services →

Disclaimer: This page provides general information only and is not legal, tax, accounting, immigration or investment advice. Incentive eligibility, registration requirements, foreign ownership rules and processing procedures may change. All applications and incentive entitlements are subject to applicable laws, current government guidelines and approval by the relevant authorities. Trangia Business is an independent consultancy and is not the Board of Investments or a government agency.