the government’s return-to-In a statement, PEZA Director-General Charito B. Plaza acknowledged the concerns raised by investors and workers who will be affected by the Fiscal Incentives Review Board order for 100% on-site work for registered IT-BPOUnder Republic Act No. 7916 or PEZA law, all registered companies should operate within the ecozones to be entitled to tax incentives.
“PEZA supports the hybrid work scheme as it’s been proven effective in the last three years of the pandemic. 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,” Ms. Plaza said.ce order is unlikely to affect potential investments or expansion of IT-BPOect because we’re just going back to the regular regime of work and incentives,” Ms. Plaza said.
At the height of the coronavirus disease 2019 pandemic, the FIRB allowed IT-BPOs located in economic zones to implement a WFH arrangement for up to 90% of its total workforce until March 31, while still enjoying tax incentives.
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