Investing in Laguna provides several advantages for the prospective businessman:
-
Preferential tax treatments and benefits await prospective
investors in specified areas including the province's investment
priority areas.
- Fiscal and nonfiscal incentives package includes the following:
income tax holiday, exemption from import and export duties,
additional deduction for labor expenses, tax credits and access to
bonded manufacturing/trading, warehouse system, simplified import/export
procedures, and employment of foreign nationals.
- Liberal investment schemes are in store for proponents of the province's
priority projects such as power generation, telecommunications, irrigation,
industrial estates, environmental management, and tourism development.