Investment & Economic Development Laws & Rules

Build-Operate-Transfer (BOT) Law (Republic Act 7718, 1994) ~ Amends the original BOT Law (RA 6957) by expanding the areas wherein the private sector may construct and operate infrastructure projects, liberalizing the regulatory environment, and including BOT projects among those entitled to incentives under the Omnibus Investment Code.

BOT Law Implementing Rules ~ The detailed implementing rules and regulations for RA 6957 as amended by RA 7718.

Ecozone Law (Republic Act 7916, 1995) ~ Designating geographic areas for development into Ecozones; prescribing the guidelines and criteria for approval of Ecozone development projects (industrial, commercial, residential, etc). Grants various fiscal and other incentives to enterprises established in Ecozones.

Executive Order No. 63 (1986) ~ Grants various incentives to foreign investors investing at least US$ 50,000 in tourism development projects.

Executive Order No. 139 (2002) ~ The latest executive fiat that specifies the maximum foreign equity allowed in various investment areas (otherwise known as the Foreign Investment Negative List).

Export Development Law (Republic Act 7844, 1994) ~ Provides fiscal and other incentives to export-oriented firms, and strengthens the institutional infrastructure for export development and promotion. Read also the Export Development Law Implementing Rules & Regulations.

Financing Company Act (Republic Act 8556, 1998) ~ Governs the establishment, operation and regulation of financing companies. Read also the original law, Republic Act 5980 (1969).

Foreign Investment Laws (Republic Act 7042 of 1991; Republic Act 8179 of 1996) ~ The laws governing the entry of, and the grant of various fiscal and other incentives to, foreign investments. Read also the Foreign Investment Law Implementing Rules & Regulations.

Investment Houses Law (Presidential Decree 129, 1973) ~ Governing the establishment, operation and regulation of investment houses. Read also the amendatory law, Republic Act 8366 (1997), which liberalized the equity requirements in the establishment of investment houses.

Investors’ Lease Act (Republic Act 7652, 1993) ~ Allows foreign investors to enter into long-term lease contracts for land.

Omnibus Investment Code (Executive Order No. 226, 1987) ~ Institutionalizes the mechanisms for specifying the priority investment areas for both local and foreign investors, which shall be entitled to various fiscal and other incentives. Read also the amendatory law, Republic Act 7888 (1995).

Republic Act 7369 (1992) ~ Further amends the Omnibus Investment Code by providing tax and duty exemption and tax credits on the importation of capital equipment.