INVESTMENT INCENTIVES ORDINANCE INCENTIVES – In addition to the Investment Incentives provided by law and by the Local Government Code, a registered investor qualified under this Ordinance shall enjoy the following fiscal incentives:
1). Exemption from local license, fees, dues. Within three (3) years from the date the business starts operation, a registered investor under this Ordinance shall be fully exempt from the :
a) Mayor’s permit fee
b) Business Manager’s fee
c) Oath fee
d) Building Permit fee
e) Other kinds of local licenses, fees, dues, imposed except regulatory fees such as:

- Health Certificate fee	- Garbage Fee
- Tax on Billboard	- Tax on Weight & Measures
- Sanitary Permit fee	- Fire Inspection Fee
- Tax on Delivery Van

2). Exemption in Business Tax from Gross Sales/Receipts. For a period of not more that six (6) years starting from the date of approval of their application, registered investors shall be entitled to the following reductions/exemptions in business tax from the gross sales or receipts earned or realized during the preceding calendar year.

- First Year 100% of Gross Sales/Receipts

- Second Year 100% of Gross Sales/Receipts

- Third Year 100% of Gross Sales/Receipts

- Fourth Year 75% of Gross Sales/Receipts

- Fifth Year 50% of Gross Sales/Receipts

- Sixth Year 25% of Gross Sales/Receipts

- Seventh Year Taxable in Full

3) Exemption from Real Property Tax. The following real properties, equipment or devices are exempted:
a) Commercial buildings and /or improvements and including portion of the lot where said commercial building and/or improvement are found provided that the subject lot is owned by the applicant or having legal interest therein;
b) Equipment or devices or other investments for pollution control and environmental protection and fire protection equipment;
c) Lands classified whether commercial or residential used exclusively for parking purposes; Provided, That no commercial activity shall be conducted within the premises and that all available parking spaces shall be open to the general public;
d) Lots actually used as road lot; Provided, That the same shall be open to the general public