DTI-BOI has opportunities available to apply

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DSWD HIRING 16

The Department of Trade and Industry (Filipino: Kagawaran ng Kalakalan at Industriya, abbreviated as DTI) is the executive department of the Philippine government tasked as the main economic catalyst that enables innovative, competitive, job generating, inclusive business, and empowers consumers. It acts as a catalyst for intensified private sector activity in order to accelerate and sustain economic growth through comprehensive industrial growth strategy, progressive and socially responsible trade liberalization and deregulation programs and policymaking designed for the expansion and diversification of Philippine trade – both domestic and foreign.

As an attached agency of Department of Trade and Industry (DTI), The Philippine Board of Investments (BOI) is responsible for the development of investments here in the Philippines. Leading the promotions of various industries and investment opportunities, BOI assists Filipino and foreign investors to venture and thrive in vast areas of economic pursuits and acts as your one-stop shop in doing business in the Philippines. The BOI is tasked with assisting Filipino and foreign investors to venture and prosper economically.

The Board of Investments (BOI) is an investment promotion agency that grants tax incentive packages to local and foreign businesses operating in the Philippines. It aims to help the Philippine government promote inbound investments and economic growth by attracting investors and entrepreneurs to venture capital and set up businesses in the country. The BOI operates under the authority of the Department of Trade and Industry (DTI) and is mandated through the Omnibus Investments Code (Executive Order No. 226) to provide tax exemption and other incentives to registered enterprises that engage in activities enumerated in the Investment Priorities Plan (IPP) – which is a list of areas of investments eligible for government incentives.

Interestingly, Board of Investments has vacancies available until November 30, 2022.

One (1) Investments Specialist (Php 35,097 Monthly Salary)

  • Place of Assignment: International Investments and Promotion Service
  • Qualifications:
    • Candidates must possess at least Bachelor’s/ College degree in Business/ International Relations/
      Economics
    • At least 1 year of relevant work experience
    • At least 4 hours of relevant training
    • No eligibility required
    • Strong communication, client management, and networking skills
    • Proficient in Microsoft Office applications and various virtual events platforms
    • Ability to multi-task and work on projects/events with tight and often changing timescales

Two (2) Investments Specialist (Php 35,097 Monthly Salary)

  • Place of Assignment: Investments Policy and Planning Service Research and Policy Division
  • Qualifications:
    • Bachelor’s degree in Economics, Statistics or Math
    • At least one (1) year of relevant experience in policy and research work
    • Proficient in English communication (oral and written);
    • With knowledge on using statistics software
    • Preferably with knowledge of data analytics

One (1) Associate Technical Staff II (Php 35,097 Monthly Salary)

  • Place of Assignment: Investments Policy and Planning Service Planning and Management Division
  • Qualifications:
    • Graduate of any 4-year course preferably with background on organizational development or
      quality management;
    • Experience in ISO-related work would be an advantage;
    • Proficient in English communication (oral and written);
    • Has strong interpersonal skills;
    • Can do multitask, self-motivated and team-oriented; and
    • Computer literate

One (1) Investments Specialist (Php 35,097 Monthly Salary)

  • Place of Assignment: Investments Policy and Planning Service Planning and Management Division
  • Qualifications:
    • Bachelor’s degree in Business Administration and Management, Industrial Engineering, Statistics or any
      degree relevant to the job
    • With at least (two) 2 years of experience with database management and data analytics
    • With at least (two) 2 years of experience with preparing reports, speeches, briefers/talk points,
      presentation materials, etc..
    • With at least (one) 1 year experience with audit management and process improvement/streamlining
    • Flexible, team-oriented, and can work well in difficult situations
    • Proficient in Microsoft Excel; and
    • With excellent verbal and written communication skills.

One (1) Investments Specialist (Php 35,097 Monthly Salary)

  • Place of Assignment: Investments Policy and Planning Service International Relations Division
  • Qualifications:
    • With a Bachelor’s degree in economics (e.g. applied economics, development economics, etc),
      business, engineering, operations research/management science, or other related fields of
      study
    • With at least 1 year relevant work experience
    • Has good communication skills both oral and written
    • Possesses good analytical and research skills
    • Proficient in productivity suites such as use of Microsoft Office (Word, Excel, Powerpoint)

One (1) Project Manager (Php 128,696 Monthly Salary)

  • Place of Assignment: Industry Development Program Project Management Office
  • Qualifications:
    • Education: Master’s degree or Certificate in Leadership and Management from the CSC
    • Training: 120 hours of supervisory/ management training/learning and development intervention
    • Experience: 5 years of supervisory / management experience

Documentary Requirements

Please send the following to HRDD@boi.gov.ph with subject “Contract of Service_IPPS-RPD_FullName”

  • Application Letter
  • Resume
  • Copy of Diploma
  • Copy of Transcript of Records
  • Copy of Certificate of Eligibility if any
  • Copies of Certificates of training programs/seminars attended (if applicable)
  • Certificate of Employment with duties and responsibilities as certified by current & previous employers (if applicable)

Note: APPLICANT/S WITH INCOMPLETE DOCUMENTS WILL NOT BE PROCESSED.

MAIN OFFICE ADDRESS: Industry and Investments Building, 385 Senator Gil Puyat Avenue, Makati City, 1200 Metro Manila, Philippines

Other Information about BOI

One key governing body that happily observes and tends to the budding relationships of adaptable Filipinos and like-minded foreign investors is the Department of Trade and Industry’s (DTI) Board of Investments (BOI). 

An attached agency of the DTI, the BOI is the lead investment promotion agency of the Philippine government. Following the directive of its parent organization, the BOI aims to promote investments in industries and in the regions for balanced economic development.

BOI’s mandate is to generate local and foreign investments and develop globally competitive industries, thereby increasing employment among Filipinos through the responsible use of the country’s resources, guided by the principles of private initiative and government cooperation. Toward this, the BOI upholds core values of competency, efficient service, integrity, professionalism, discipline, and strong leadership.

Outsource Accelerator directs would-be investors toward the impeccable service and assistance of the BOI for easy investment information, briefers on investment laws in the Philippines and, of course, investment assistance that to your convenience, may be done online.

Incentives and Benefits of BOI Registration in the Philippines

BOI-registered companies in the Philippines are entitled to numerous fiscal and non-fiscal incentives (under E.O. No. 226), including but not limited to the following:

  • Fiscal Incentives
    • income tax holidays
      • six (6) years for projects with pioneer status and for projects located in a Less Developed Area (LDA)
      • four (4) years for new projects with non-pioneer status
      • three (3) years for expansion/modernization projects
    • duty exemption on imported capital equipment, spare parts, and accessories
    • exemption from wharfage dues and export tax, duty, impost, and fees
    • tax exemption on breeding stocks and genetic materials
    • tax credits on imported raw materials
    • tax and duty-free importation of consigned equipment
    • additional deduction for labor expense
  • Non-Fiscal Incentives
    • employment of Foreign Nationals
    • simplification of customs procedures for imported products
    • importation of consigned equipment
    • privilege to operate a bonded manufacturing/trading warehouse (subject to custom rules and regulations)

BOI Eligibility Requirements

Wholly Filipino-owned enterprises are eligible to register for BOI incentives if they engage or propose to engage in an activity listed in the current IPP. They are allowed to engage in any domestic-oriented activity included in the IPP regardless if it is classified as a pioneer project or not.

Domestic foreign corporations (those that are 100% foreign-owned) can avail of incentives if they engage in pioneer projects and satisfy any of these qualifying requirements:

  • at least 70% of services or products are for export, or
  • proposed projects are to be undertaken in areas that are listed as less-developed areas (LDAs) by the BOI

These enterprises are obliged to attain 60% Filipino ownership within thirty (30) years from registration unless they export or are planning to export 100% of their production. Notable samples of enterprises that export 100% of their goods or services are Business Process Outsourcing (BPO), Knowledge Process Outsourcing (KPO), Legal Process Outsourcing (LPO), Call Center Agencies, and Outsourcing companies.

For enterprises that intend to engage in non-pioneer projects, foreign ownership is limited to 40%, unless the enterprise will export more than 70% of its annual production.

Requirements for Registering with BOI

  • SEC Certificate of Registration – including Articles of Incorporation and By-Laws for Domestic Corporations, Partnerships, Branch Offices, Representative Offices, and Regional Headquarters; or DTI Certificate of Registration for Sole Proprietorships
  • Audited Financial Statement (feasibility report that contains projected financial reports for the next five (5) years) and Income Tax Return (for the past three (3) years if applicable)
  • Board Resolution of a duly authorized company representative/signatory
  • Accomplished BOI Application Form 501 (has various versions per industry sector) and Project Report (a report that contains activities listed or are related to those listed in the IPP)

BOI Registration Process

  • File BOI Application Form 501 along with supporting documents and filing fee
  • Prepare Evaluation Report (including Publication of Notice of Filing of Application and plant visit)
  • Present to the BOI Management Committee
  • Receive confirmation and letter advice from the BOI Governing Board regarding Board Action
  • Letter advice to Applicant of Board Action
  • If approved, send letter of approval and comply with pre-registration requirements
  • Pay Registration Fee
  • Secure Certificate of Registration from BOI

The usual processing time is ten (10) to twenty (20) working days – depending on the type of business entity you plan to register, the nature of your proposed activities, and the time it takes for BOI’s Management Committee to review your application.

Source: Board of Investments