How long will it take to obtain BOI/PEZA/other IPAs
approval once all requirements are complied with?
Under EO 226, applications filed with the BOI shall be considered
automatically approved if not acted upon by the BOI Board within 20
working days after they have been officially accepted, subject to the usual
terms and conditions.
In the case of PEZA, the processing and evaluation by the appropriate
department usually takes about two weeks. The decision on the project is
made during the bimonthly meetings of the PEZA Board.
As to the other IPAs, processing of applications including the approval
of their respective Boards, take a period of 15 to 30 working days from
submission of all documentary requirements.