“The allowance of the 90:10 WFH [work-from-home] set-up was just a temporary measure during the pandemic. Now that we’re reopening the economy, we’re going back to the regular ratio required of registered business enterprises inside the ecozones,” said PEZA director-general Charito Plaza.
She said the FIRB was consistent with the PEZA law, otherwise known as Republic Act No. 7916 or the Special Economic Zones Act of 1995 that requires all registered companies within the ecozones to work on-site in order to enjoy tax incentives.Chapter III Section 23 of the PEZA Law provides that, “business establishments operating within the ecozones shall be entitled to the fiscal incentives as provided for under P.D. No. 66 or those provided under Book VI of Executive Order No.
“What we can do is to recommend this for the next administration to address. As of now, we have to abide by the existing laws and the decision of the FIRB and help to put back the economy to normal,” Plaza said.
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