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Fiscal incentives include: income tax holiday for a certain number of years, which translates to 100% exemption from corporate income tax; tax and duty-free importation of raw materials, capital equipment, machineries and spare parts; exemption from wharfage dues and export tax, impost or fees; VAT zero-rating of local purchases subject to ...
The Professional Regulation Commission (PRC; Filipino: Komisyon sa Regulasyong Pampropesyonal [2]) is a three-man commission attached to Department of Labor and Employment (DOLE).
The Philippine Maritime Zones Act, officially designated as Republic Act No. 12064, is a bill passed by the 19th Congress of the Philippines and signed by President Bongbong Marcos on November 7, 2024. [1] It defines the Philippines' internal waters, archipelagic waters, territorial sea, contiguous zone, exclusive economic zone, and continental ...
The PRBoA is one of 46 Professional Regulatory Boards (PRBs) under the Professional Regulation Commission (PRC) [1] of the Republic of the Philippines and served as the primary spokes-entity for the nine (9) Professional Regulatory Boards ("PRBs") making up the Philippine (PH) Technology (i.e. Non-Engineering) Professions i.e. the built and natural environment (BNE) professions of agriculture ...
The Philippine Congress then passed the Freeport Area of Bataan Act (Republic Act 9728), which was enacted into law on October 23, 2009. This Act converted BEZ into FAB, and created AFAB which started to partially operate and manage the zone in conjunction with PEZA from October 2009 to June 29, 2010.
The Philippine Board of Nursing is an administrative body under the Professional Regulation Commission that regulates the practice of nursing in the Philippines. Its three primary purposes are: To provide regulatory standards in the practice of Nursing by implementing the Nurse Practice Act and by lobbying to Congress any proposed amendment to ...
March 10 – The Supreme Court denies Now Telecom's claims for operational frequencies from the National Telecommunications Commission (NTC), effectively preventing its bid to become the Philippines' third major telecommunications network after the court concurs with the NTC's requirements for Now to enter the market.
The United Architects of the Philippines (UAP) or the Integrated and Accredited Professional Organization of Architects (IAPOA), is the professional organization for architects in the Philippines. UAP offers education, government advocacy, community redevelopment, and public outreach to support the architecture profession in the country and ...