A list of general and specific terms and conditions is normally attached
to the approval letter issued by the BOI/PEZA/other IPAs upon approval
of the application for registration. The general conditions include certain
management, financial, operational, and marketing restrictions which
must be properly complied with so as to avoid grounds for cancellation
of registration. The specific terms and conditions which may include
nationality, operational, and reporting requirements vary depending upon
the nature of the business enterprise.