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FIRB approves transfer of registered IT-BPM enterprises to BOI, irons out long-standing WFH problem

  • Post published:September 16, 2022

The Fiscal Incentives Review Board (FIRB) agreed to allow the transfer of registered Information Technology and Business Process Management (IT-BPM) companies to the Board of Investments (BOI) in an effort…

Continue ReadingFIRB approves transfer of registered IT-BPM enterprises to BOI, irons out long-standing WFH problem

WFH arrangement for IT-BPM enterprises extended until further notice from FIRB

  • Post published:September 9, 2022

Finance Secretary and Fiscal Incentives Review Board (FIRB) Chairperson Benjamin Diokno issued a memorandum provisionally extending the existing work-from-home (WFH) arrangement for the Information Technology and Business Process Management (IT-BPM)…

Continue ReadingWFH arrangement for IT-BPM enterprises extended until further notice from FIRB

FIRB Secretariat holds 15 town hall meetings for 2,400 firms, other stakeholders

  • Post published:June 23, 2022

The Fiscal Incentives Review Board (FIRB) Secretariat has successfully conducted 15 virtual town hall meetings attended by 2,400 participants combined, in an effort to brief and assist its stakeholders on…

Continue ReadingFIRB Secretariat holds 15 town hall meetings for 2,400 firms, other stakeholders

FIRB finds PEZA clueless on actual investments made by locators who enjoy tax incentives

  • Post published:June 15, 2022

The Philippine Economic Zone Authority (PEZA) does not track the inflow of actual investments made by its registered business enterprises (RBEs) since the implementation of the Corporate Recovery and Tax…

Continue ReadingFIRB finds PEZA clueless on actual investments made by locators who enjoy tax incentives

FIRB Secretariat harmonizing investor fees collected by IPAs

  • Post published:June 3, 2022

With the goal to formulate sound guidelines on the fees collected by the different investment promotion agencies (IPAs) from their respective registered business enterprises (RBEs), the Fiscal Incentives Review Board…

Continue ReadingFIRB Secretariat harmonizing investor fees collected by IPAs

FIRB grants tax perks to Converge, 3 more Telcos

  • Post published:May 25, 2022

Upon the recommendation of the Board of Investments (BOI), the Fiscal Incentives Review Board (FIRB) has approved the tax incentives applications of four telecommunications companies (telcos), including Converge ICT Solutions,…

Continue ReadingFIRB grants tax perks to Converge, 3 more Telcos

FIRB approves tax perks for Project Agila, supports Hanjin shipyard rehabilitation

  • Post published:May 10, 2022

The Fiscal Incentives Review Board (FIRB), upon the endorsement of the Subic Bay Metropolitan Authority (SBMA), has approved the grant of tax incentives to Project AGILA for the redevelopment and…

Continue ReadingFIRB approves tax perks for Project Agila, supports Hanjin shipyard rehabilitation

FIRB says WFH setup for incentivized IT-BPM enterprises was temporary measure at height of pandemic

  • Post published:April 28, 2022

Finance Assistant Secretary Juvy Danofrata has reiterated that the Fiscal Incentives Review Board (FIRB) had allowed the work-from-home (WFH) setup for registered business enterprises (RBEs) only as a time-bound temporary…

Continue ReadingFIRB says WFH setup for incentivized IT-BPM enterprises was temporary measure at height of pandemic

Budgetary support for IPAs amount to P58 billion over 2017-2021 period

  • Post published:April 18, 2022

The Fiscal Incentives Review Board (FIRB) Secretariat has reported that the amount of budgetary support investment promotion agencies (IPAs) received from the national government in the last five years has totaled a…

Continue ReadingBudgetary support for IPAs amount to P58 billion over 2017-2021 period

FIRB upholds non-extension of WFH scheme for IT-BPM enterprises, moratorium on new ecozones in Metro Manila

  • Post published:March 9, 2022

In sync with the government’s strategy to safely reopen the economy and stimulate business revival in the country, the Fiscal Incentives Review Board (FIRB) has upheld FIRB Resolution No. 19-21,…

Continue ReadingFIRB upholds non-extension of WFH scheme for IT-BPM enterprises, moratorium on new ecozones in Metro Manila
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