Industrial Lot for Sale in Tanza Cavite
“It is initially a 160-hectare property in Tanza, Cavite. The project will be an environment friendly Ecozone Township integrating residential, commercial, institutional development within or adjoining the light-medium industrial zone. The entire township project is intended to covera total land area of around 350 hectares. The industrial zone which will initially cover 111 hectares is duly-registered with the Philippine Economic Zone Authority pursuant to Presidential Proclamation No. 226.”
EXCEPTIONAL INVESTMENT INCENTIVES
As a township accredited by PEZA, an investment promotion agency attached to the Department of Trade and Industry, Suntrust Ecotown offers investors a variety of fiscal and non-fiscal benefits.
√ Income tax holiday or exemption from corporate income tax for four to eight years. Special 5% tax rate on gross income after the income tax holiday period.
√ Exemption from national and local taxes.
√ Exemption from wharfage dues, export tax impost or fees.
√ Duty-free importation of capital equipment, spare parts, materials and
√ Tax credit on domestic capital equipment.
√ Additional deduction for training expenses for labor and management.
√ Additional deduction for labor expenses (50% of wages corresponding to
increment in number of direct labor subject to certain conditions)
√ Resident status for foreign investors and immediate family members.
√ Employment of foreign nationals
√ Automated import and export permit system
√ Simplified import-export procedures
Lot Area: Around 8,000 sqm.
Investment Price: 48,000,000
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