Summary
RMC No. 36-2007 circularizes the full text of Executive Order (EO) No. 619, which creates Special Economic Zones (SEZ) inside the Clark Freeport Zone (CFZ) under RA No. 7916, as amended by RA No. 8784.
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Key points
- Incentives. Duly registered business enterprises operating in an SEZ created by proclamation inside the CFZ get the same tax and duty incentives as provided under RA No. 7916, as amended.
- Role of PEZA. The Philippine Economic Zone Authority (PEZA) registers, regulates and supervises all registered enterprises within the SEZ for purposes of administering these incentives.
Who is affected
- Duly registered business enterprises in SEZ inside the Clark Freeport Zone
Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.
Copies of BIR issuances are hosted here for reference. For the official version, check bir.gov.ph. Summaries by Tax Resources PH are not a substitute for the full text or professional advice.
