Carmen Reyes – A Look into PEZA and Non-PEZA Offices in the Philippines

office in the PH

Carmen Reyes – A Look into PEZA and Non-PEZA Offices in the Philippines

Derek is joined again by Carmen Reyes, an architect by profession. She will briefly discuss about PEZA and the differences of PEZA and non PEZA offices.

 

Summary

  • Carmen and Derek specifically discussed the differences between PEZA certified offices and normal offices.
  • PEZA stands for Philippine Economic Zone Authority which according to Carmen is a trade distinction that the government’s offering to foreign companies to encourage them to operate in the Philippines.
  • According to Derek this is to simplify things and there are some tax advantages to companies that are PEZA accredited.
  • However, the entire process is quite tedious and there are a lot of requirements needed.
  • Derek pointed out that learning about PEZA is invaluable for companies who are planning to outsource to the Philippines. It also highlights the convenience of going for a more established BPO companies to avoid the hassle.
  • The office density of PEZA accredited offices is lower than normal offices. So, fewer people can fit in a certain space.
  • There are a lot of buildings, even compounds that are PEZA registered meant for PEZA purposes. This is to make things easier for foreign companies.

 

Key Points

  • This is relevant most especially for companies who are planning to outsource to the Philippines.
  • The office density of PEZA accredited offices is lower than non-PEZA offices.
  • Nowadays a lot of people are getting advice if registering for PEZA is the right decision for their companies given the amount of paperwork you need to accomplish for accreditation.

 

Resources

  • coredesign_studio@yahoo.com
  • outsourceaccelerator.com/podcast/episode47

 

Transcript

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