Outsourcing companies in the Philippines can opt for either PEZA or BOI Registration to obtain tax incentives in their respective fields of enterprise.
The Philippine BPO market is expected to continue on a positive trend. Experts at the Business Processing Association of the Philippines project an annual increase of at least 4-10% in global market shares, coupled with an expected revenue of at least $10-12 billion.
As the Philippine BPO Industry expands, foreign investors continue to inject capital and resources into the economy, resulting in job creation for the local work force. A key to this unprecedented growth is the recently developed SVEG, short for Special Visa for Employment Generation, a non-immigrant visa which is enabling foreigners to create business opportunities in the Philippine market.