May 24, 2006—PEZA
Resolution No. 06-234 entitles Cebu Global Teleservices, Inc. as an
Ecozone Information Technology (IT) Enterprise with the license to
engage in call center operations providing telemarketing and customer
the company shall be entitled to incentives under RA 7916, as amended,
and the PEZA IT Guidelines, subject to a Registration Agreement between
the company and PEZA.
Mananghaya & Co., one of the leading and fastest growing audit and
advisory services firms in the country today, helped CGTS in acquiring
all the pre-registration requirements and submitting those to PEZA.
CGTS now being
registered under PEZA, has made a big leap after a long period of
elaborately preparing the necessary documentations and other
requirements called for by PEZA.
program is an important national development strategy where the
government promotes the establishment of world class, environment
friendly economic zones (ecozones) all over the country to respond to
demands for ready-to-occupy locations for foreign investments.
Philippine Economic Zone Authority (PEZA) is a government corporation
established through legislative enactment known as “The Special Economic
Zone Act of 1995.”
PEZA is an investment promotion agency and a government owned
corporation, attached to the Department of Trade & Industry. It
grants fiscal and non-fiscal incentives to developers of economic zones,
export producers, and I.T. service exporters. In addition, PEZA offers
ready-to-occupy locations to foreign investors who are export producers
or IT service exporters in world class and environment friendly Economic
Zones and I.T. Parks / Buildings.