Board of Investments Philippines

Also known as: BOI · Board of Investments

Definition

The Board of Investments (BOI) is an attached agency of the Philippine Department of Trade and Industry (DTI) responsible for promoting investments in the country. Governed under the Omnibus Investments Code of 1987 (Executive Order No. 226) and expanded under the CREATE Act, the BOI acts as the lead agency that grants tax incentives, income tax holidays, and duty exemptions to registered domestic and foreign enterprises. (Wikipedia, BOI)

Identities

Source Type	Identity
Wikipedia	Board of Investments (Philippines)
Wikidata	Q4931326
DBpedia	Board_of_Investments_of_the_Philippines
ProductOntology	N/A
Wiktionary	investment
Library of Congress Subject Headings (LCSH)	Investments — Government policy — Philippines
MeSH	N/A
NCBI Taxonomy	N/A
AGROVOC	N/A
Google Scholar	Board of Investments Philippines DTI CREATE Act tax incentives
ConceptNet	agency
OpenCyc	N/A

Also Known As

BOI
Board of Investments

Examples and Analogies

Tax Holidays: A developer constructing a mass-housing project in Cavite registers with the BOI to secure an income tax holiday, reducing overall project development costs.
Investment Promotion: The BOI publishes the annual Strategic Investment Priority Plan (SIPP) to designate which industries (like green energy or mass transit) qualify for state incentives.

Usage Scenarios

1. Developer Project Registration

An industrial park developer registers the project with the BOI to secure duty-free import incentives for structural steel and utility machinery.

2. Foreign Investor Facilitation

A foreign electronics firm coordinates with the BOI’s one-stop action center to process permits and secure special visas for technical managers.

Strategies

Align corporate real estate proposals with the industries listed in the SIPP to leverage tax deductions.
Coordinate early with the BOI Board during feasibility stages to secure fast-track approvals for large projects.

Security and Safety Measures

Ensure the project complies with all local environmental regulations, as the BOI will cancel tax certificates if basic compliance is violated.
Retain clear records of all investment milestones to satisfy the periodic audits conducted by the BOI.

Historical Context

The BOI was established on September 16, 1967, under the Investment Incentives Act (RA 5186) to organize economic development, later integrated under DTI’s oversight.

Challenges and Controversies

Incentive Reductions

The passage of the CREATE Act restructured the incentive regime, creating transitional friction for some older registered enterprises.

Bureaucratic Coordination

Friction occasionally occurs between the BOI and local government units regarding the application of local business taxes.