Provides Assistance for the company founded in the Philippine Economic Zone.
Things about the CDC / PEZA, please leave it to us.
The Philippines has a population exceeding 100 million people and the second largest population in ASEAN countries, expected in securing a stable supply of young labor force in the future. It is also the third largest English speaking country in the world.
The Clark Development Corporation has all types of restaurants, residential and resort facilities. In addition, there is International Airport in the Clark Freeport zone under the control of Clark Development Corporation, making easy access to neighboring countries providing convenience in import and export.
This beneficial environment is a feature not focused in other bonded areas.
- 5% tax on Gross Income earned
- Exemptions from real property tax
- Import duties on machinery equipment, spare parts and raw materials are exempted.
- Tax on personnel training are deducted.
- The right of permanent residence is guaranteed to foreign investors and their families.
- 100% foreign capital owned company are authorized
|From 27 March 2018, Jetstar Asia will operate three weekly services between Clark in Pampanga province and Osaka (Kansai International Airport).|
|ASEAN and related Summits will be held in November 2017, President of United States and Russia are scheduled to gather in Clark.|
|Commuter rail between Clark and Los Banos, cargo rail between Clark and Subic are scheduled to be completed by 2022.|
|“Philippine Development Plan, 2017-2022”, will encourage development of primary industries (agriculture, forestry and fishery) and medium/small-sized enterprises.|
|Clark airport will become the hub of domestic airlines in the Philippines.|
|Due to over congestion and concentration in Manila, Clark areas will be a major urban center in the Philippines.|
|Clark areas will be integrated of agricultural products in the Philippines.|