 Doing Business Investment Sites Cost of Doing business |
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| Procedures and Requirements |
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| REQUIREMENTS FOR PROCESSING BUSINESS PROPOSAL |
I. Documentary Requirements
- Letter of Intent (addressed to the IPD Manager)
- SBF Investment Application Form (Available at the Investment Processing Department, Bldg. 225, Dewey Ave., SBFZ)
- Company Profile & Brochures
- Business Proposal/ Scope of Operation
- Security & Exchange Commission (SEC) Certificate / DTI Registration
- Articles of Incorporation & By-laws
- Bank Certification of deposits
- Draft Sublease Agreement (for Sublessee)
- Audited Financial Statements for the last three (3) years of operation (if applicable)
- List of Assets for SBF Operations
- Development Plan
- Letter of Reference
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| FILING FEE FOR THE PROCESSING OF CERTIFICATE OF REGISTRATION (CRTE)/PERMIT TO OPERATE (PTO) FOR NEW INVESTMENT PROJECT – US$ 50 |
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| REQUIREMENTS AFTER APPROVAL OF PROPOSAL |
- Copy of Signed Lease Agreement/ Sublease Agreement
- Company’s Board Resolution/ Secretary’s Certificate indicating SBF Legal Agent of Representative (for corporation)
- Partnership Certificate indicating the SBF Legal Representative (for partnership)
- Company’s Certification of the SBF Authorized Representative (for sole proprietorship)
- Proof of Payment of Registration Free/Advance Rental/Security Deposit
- Current GSIS Insurance Policy stating SBMA as the beneficiary (for main lessee)
- ECC/CNC issued by the SBMA Ecology Center
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| REGISTRATION FEE FOR CERTIFICATE OF REGISTRATION (CRTE) & TAX EXEMPTION – US$ 250 |
| Upon issuance of the SBMA Certificate of Registration and Tax Exemption, the new locator is required to register with the Bureau of Internal Revenue (BIR) with the following documents/requirements: |
- SEC Registration with Articles of Incorporation & By-Laws
- Lease Contract/ Agreement
- Permit to Operate or Certificate of Registration and Tax Exemption Certificate whichever is applicable
- Sketch of LOCATION
- Proof of Payment of Documentary Stamp Tax (Paid within 5 days after the end of the month when the SEC Registration was approved, BIR Form 2000)Current GSIS Insurance Policy stating SBMA as the beneficiary (for main lessee)
- Payment of Certification Fee and Documentary Stamps
- Payment of BIR Registration Fee of Php 500.00
- Completely filled-out BIR Form No. 1903
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