Incentive Package

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Fiscal Incentives to Registered Enterprises under the Cagayan Investment Incentive Code

In addition to the incentives provided under Republic Act 9160, otherwise known as “Local Government Code of 1991” and Republic Act 7916 known as “The Special Economic Zone Act of 1995”, Executive Order No. 226 known as “Omnibus Investment Code of 1987, the Province also provides the following:

Use of real properties owned by the Provincial Government for free for a period not exceeding three years

Exemption from payment of basic real property tax for:

Exemption from tax on transfer of real property ownership for a period not exceeding three years;

Exemption from franchise tax for a period not exceeding three years.

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20 September 2017