Business opportunities are provided for by JHMC and BCDA to potential investors. The John Hay Special Economic Zone (JHSEZ) offers the perfect venue for commerce, trade and leisure. New investors who wish to establish their businesses inside the zone, if accredited, can now enjoy the following benefits (under RA 7916 – The Special Economic Zone Act of 1995):
- Exemption from taxes under the National Revenue code (NIRC);
- Exemption from local taxes except real property taxes;
- Transactions are zero-rated;
- Fiscal incentives provided for under Presidential Decree No. 66;
- Fiscal incentives provided under Executive Order No. 226 (Omnibus Investment Code of 1987); and
- Preferential Income tax treatment on gross income earned within the economic zone which is five percent of the gross income earned in the following percentages:
- To the National Government (3%)
- To the Local Government Unit (2%)
