Official Web Site of Subic Bay Freeport Zone

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Locator's Manual

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Doing Business Investment Sites Cost of Doing business

The Subic Bay Advantage

Subic Bay Freeport is located at the heart of Southeast Asia, the world’s fastest growing and most densely populated region.

It is easily accessible by land, air and sea. Practically half of the world’s container fleet passes by its doorway.

TRAVEL TIME BY AIR:
Subic to Bangkok, Thailand	2:30 hrs
Subic to Brunei	2:00 hrs
Subic to Ho Chi Minh, Vietnam	2:00 hrs
Subic to Hong Kong	1:50 hrs
Subic to Jakarta, Indonesia	3:50 hrs
Subic to Kuala Lumpur, Malaysia	3:30 hrs
Subic to Seoul, South Korea	3:30 hrs
Subic to Shanghai, China	3:30 hrs
Subic to Singapore	3:15 hrs
Subic to Taipei, Taiwan	1:50 hrs
Subic to Tokyo, Japan	3:50 hrs

Highly Skilled Manpower Pool

The SBMA maintains a large pool of qualified workforce for Freeport locators, mainly from the city of Olongapo, and the nearby provinces of Zambales and Bataan.

Trained and educated with the required technical and management skills, Subic workers are proficient in english, highly motivated, and observe professional ethics in the workplace.

Subic’s wage rate is highly competitive compared to that of other Asian countries.

Liberal Business Incentives

Subic Bay has a veritable edge as an investment area because of its Freeport status. It is considered a special customs territory where there is free flow of goods and capital equipment.

Investors in Subic enjoy these following business incentives and privileges:

1. Exemption from all local and national taxes such as ad-valorem and excise taxes. Investors are only required to pay a corporate tax of 5 percent from their gross adjusted income.. Subic Bay Freeport Enterprises (SBFEs) may also avail of tax holidays if they register with the Philippine Board of Investments (BOI).

2. Duty-free importation of raw materials, supplies, capital equipment and other items for consumption within the Freeport.

3. Foreign investors may invest up to 100% equity in almost any economic activity in the SBF except for businesses where foreign ownership is limited by the Constitution..

4. There are no foreign exchange controls in the Freeport and full repatriation of profit is allowed.

5. The SBMA also processes and grants special resident and investor visas. A foreign investor with an investment of at least US$250,000 may be granted a Subic Special Investor Visa. Temporary work permits and Subic Special Work Visas could also be granted to foreign nationals subject to certain requirements.