Application for Investment Incentives

 

PROCESS FLOW

PROCESS DESCRIPTION

FORMS/DOCUMENTS
ISSUED BY PGIN

1 Application for Registration Applicant shall submit to INvest Office the application form and Incentive Documentary Requirements with Letter of Intent Application Form
2 Evaluation of Requirements INvest shall assess the completeness of the documents submitted in accordance to the required investment incentive documents.Note: If Documents are not complete, shall issue a Letter of Preliminary Evaluation, which shall require the applicant to submit the lacking documents. Letter of Preliminary Evaluation (if applicable)
3 Issuance of Certificate of Complete Requirements The INvest shall issue a Certificate of Complete Submission to the applicant indicating the compliance to all documentary requirements without prejudice to the final approval of the application. Certificate of Complete Submission
4 Registration on Registration Book INvest shall register the applicant in the Registration Book of INvest on the same date of issuance of Certificate of Complete submission.
5 Issuance of Letter of Complete Evaluation INvest shall conduct initial review and submit a Letter of Complete Evaluation to the applicant, if the same has been found sufficient, qualified and eligible for incentives under the Ilocos Norte Investment Code of 2006. Letter of Complete Evaluation
6 Evaluation and Approval of Application Ilocos Norte Investment Incentive Board shall conduct final review if the application is qualified and eligible for incentives.Ilocos Norte Investment Incentive Board shall decide to approve or disapprove the application.
7 Issuance of Certificate of Registration Governor/Chairman of the Board shall issue a Certificate of Registration indicating final approval of the application.Note: If not approved, shall issue a Declaration of Non-Approval. Certificate of Registration or Declaration of Non-Approval
8 Dissemination of the Certificate of Registration INvest shall provide copies of the Certificate of Registration to the respective provincial and municipal treasurer.
9 Monitoring and Follow-up INvest shall monitor and evaluate, at least once a year, the project implementation for purposes of ensuring compliance to the terms of the Certificate of Registration, the Ilocos Norte Investment Code of 2006, and the Implementing Rules and Regulations of the same.

 

For more information, feel free to contact:

 Aristotelis F. Calope, Investment Officer or
Eric Elpidio L. Pascua, Information Officer
Ilocos NorteTrade and Investment Promotions Center
Provincial Capitol, JP Rizal Street, 2900 Laoag City
 
Tel. (077) 772-1212 loc. 140 or (077) 771-5631
Email: invest@ilocosnorte.gov.ph