This infographic explains the major fiscal incentives available to qualified businesses registered with the Philippine Board of Investments (BOI). It illustrates how companies may benefit from an Income Tax Holiday (ITH) of up to seven years, followed by the Special Corporate Income Tax (SCIT) regime for eligible export enterprises. Using a sample export manufacturing company with ₱500 million in annual revenue and ₱100 million in taxable income, the infographic demonstrates potential income tax savings of approximately ₱175 million during the ITH period and an additional ₱175 million during the SCIT period, for total potential savings of ₱350 million over 17 years. It also highlights other incentives such as VAT exemptions and zero-rating, tax and duty-free importation, enhanced deductions, and local tax exemptions. The overall message emphasizes how BOI incentives can improve cash flow, support expansion, create jobs, and increase business competitiveness in the Philippines.
