The Quezon City Government, through the Local Economic Development and Investment Promotions Office (LEDIPO), has launched the QC Economic Incentives Code, where the city further enhances tax incentives, simplifies processes, and initiates more collaborations between the private sector for the benefit of QCitizens through the provision of job opportunities and in securing QC’s socio-economic development goals.
Under the program, medium and large enterprises are eligible to apply for exemptions from business taxes, amusement taxes, franchise taxes, and real property taxes on registered land and newly constructed buildings in Quezon City, through the city’s offered key incentives based on the category they belong to.
- For New and Expanding Businesses:
Availment of standard 2-year tax exemptions on property, business, franchise, and amusement taxes, which may be extended to another year if confirmed to be part of the Investment Priority Plan (IPP) after a careful evaluation.
- For Principal Office Relocations:
Qualified for situs tax exemptions for up to 10 years upon evaluation
- For Loyal Businesses:
Businesses with a QC-based principal office for 15 years can obtain a 10% discount on their situs tax for all gross sales outside of Quezon City for one year.
Through this program, the city fosters the entry, expansion, diversification, and modernization of various entrepreneurs and future investors.
The QC Incentives Code is implemented in accordance with City Ordinance SP-3296, S-2024. It is part of the city government’s 14-point agenda to make QC a business-friendly city that provides a lot of job opportunities for QCitizens and
To apply and know more about the QC Incentives code, interested business owners, investors, and QCitizens may directly reach out to LEDIPO.
