If you’re planning to invest or expand in the Philippines, one of the most strategic moves you can make is to register your business with the Board of Investments (BOI). Doing so not only strengthens your business credibility but also opens up a wide range of fiscal and non-fiscal incentives that can help your company grow.

In this guide, we’ll break down the steps of the BOI registration Philippines process in a clear and conversational way, whether you’re a local startup, a foreign-owned enterprise, or a company looking to enter a priority industry.

TL;DR (Too Long; Didn’t Read)

To register your business with the Board of Investments (BOI) in the Philippines, you need to determine if your activity is eligible, prepare the required documents, submit your application, attend an interview, and secure your Certificate of Registration. BOI registration provides tax incentives and support for priority industries. You can submit your BOI application online or work with consultants to make the process smoother.

What is BOI and Why Register?

The Board of Investments is an agency under the Department of Trade and Industry (DTI) tasked with promoting investments in the Philippines. BOI-registered enterprises gain access to a range of incentives designed to encourage economic development.

Some of the benefits include:

• Income tax holiday (ITH)
• Duty-free importation of capital equipment
• Employment of foreign nationals
• Simplified customs procedures

By going through the BOI application process, you position your business for long-term growth while helping support national development goals.

Step-by-Step: How to Register with BOI Philippines

Here’s a clear and simple guide to the process:

Step 1: Determine Eligibility

Check if your business activity is listed in the current Investment Priorities Plan (IPP) or Strategic Investment Priority Plan (SIPP).

Eligible sectors include:

• Manufacturing
• Agribusiness
• Renewable energy
• IT-BPM
• Infrastructure
• Export-oriented enterprises

If you’re unsure, you can always consult BOI registration experts to assess your eligibility.

Step 2: Prepare the Required Documents

The BOI Philippines requirements typically include:

• Accomplished application form
• Project feasibility study or business plan
• Audited financial statements (if applicable)
• SEC or DTI registration
• Articles of Incorporation and By-Laws
• Board resolution authorizing the application

If you’re applying as a foreign entity, additional documents like proof of inward remittance or alien employment permits may be needed.

Tip: Working with a consultant can help you get help with BOI Philippines registration to avoid common errors.

Step 3: Submit Your BOI Application Online or In Person

As part of the digitalization efforts, you can now submit your BOI application online through the Investment One-Stop Action Center (iOSAC) platform or the BOI website. You may also submit physical documents at the BOI main office.

Keyword used: start BOI registration process

Step 4: Attend a BOI Interview or Clarificatory Meeting

A BOI evaluator may request a meeting to clarify details about your application. Be prepared to discuss:

• Project timeline
• Capital investments
• Employment generation
• Market viability

This step ensures that your business activity aligns with national priorities.

Step 5: Wait for Approval and Receive Your Certificate

Once approved, you’ll receive a BOI Certificate of Registration, which formally grants your business eligibility for incentives.

The processing time can take 2 to 4 weeks, depending on the completeness of your documents and the complexity of your project.

Tips to Smooth the BOI Application Process

• Be accurate and complete. Incomplete submissions cause delays.
• Use professional consultants to streamline preparation.
• Respond promptly to BOI evaluators.
• Apply early to avoid missing IPP/SIPP deadlines.
• Track your application online or via phone/email.

Common Mistakes to Avoid

• Submitting outdated forms or missing attachments
• Applying for non-priority sectors without proper justification
• Overstating financial projections
• Failing to respond to clarificatory requests

Final Thoughts

Registering your business with the BOI is more than just a badge of legitimacy—it’s a launchpad for accelerated growth. From tax holidays to easier access to government support, the benefits can significantly reduce your costs and open new opportunities.

If you’re planning to apply for BOI incentives or want to ensure you’re submitting a compliant application, it’s wise to consult BOI registration experts who can guide you through every step.

Need help? Fill out the form below to start your BOI registration process with confidence.

FAQs About BOI Registration in the Philippines

What are the benefits of BOI registration?

• Income Tax Holiday (ITH) for 4-7 years
• Duty-free importation of capital equipment
• Employment of foreign nationals
• Simplified customs procedures
• Assistance from BOI for regulatory processes

Is BOI registration required in the Philippines?

No, it is not mandatory. However, if you want to enjoy government incentives and support, BOI registration is highly recommended.

Who is eligible for BOI incentives?

Businesses engaged in sectors listed in the Investment Priorities Plan (IPP) or Strategic Investment Priority Plan (SIPP). Both local and foreign-owned enterprises may qualify.

How long does BOI registration take?

Typically 2 to 4 weeks, depending on the industry and completeness of documents. Delays may occur if further clarification is required.

What documents are needed for BOI registration?

You will need:

• Application form
• Business plan
• SEC/DTI registration
• Articles of Incorporation
• Board Resolution
• Audited financials (if applicable)
• Other sector-specific requirements

Contact Us