QuestionsQuestions (EXECUTIVE ORDER NO. 18)
To promote the Philippines as a top investment destination and expedite government transactions by reducing red tape in the issuance of permits, licenses, certifications, and authorizations for Strategic Investments.
All national government agencies and their regional/provincial offices, GOCCs and other government instrumentalities, and LGUs, as well as quasi-judicial bodies involved in issuing permits/licenses for Strategic Investments.
Investments aligned with the Philippine Development Plan (or similar national development plan) characterized by significant capital/investment, positive environmental impact, contribution to balance of payments, complex technical/engineering processes, and improvement in infrastructure capabilities.
(1) Highly Desirable Projects recommended by the Fiscal Incentives Review Board to the President under CREATE/RA 11534; (2) Foreign Direct Investments resulting from the Foreign Investment Promotion and Marketing Plan endorsed by the IIPM Coordination Committee; and (3) Projects/activities under the Strategic Investment Priority Plan (SIPP) under RA 11534.
One-Stop-Action-Center for Strategic Investments. DTI-BOI must establish it within six (6) months from EO No. 18’s issuance.
Identify and designate an investment as Strategic Investment, endorse it to concerned NGAs/LGUs/quasi-judicial bodies for processing, monitor and report actions taken, and provide aftercare/post-investment assistance.
Within three (3) months from issuance, DTI-BOI must produce and regularly update an investor manual listing government requirements per sector and the agencies issuing relevant permits/licenses, to guide investors and standardize expectations.
Designated processes/arrangements within concerned agencies/LGUs/quasi-judicial bodies to expedite and streamline permitting and licensing for Strategic Investments endorsed by OSAC-SI.
They must be integrated and not duplicative of existing one-stop shops or streamlining initiatives.
Not longer than: (1) 3 working days for simple transactions; (2) 7 working days for complex transactions; and (3) 20 working days for highly technical transactions, counted from receipt of the complete application.
Yes, only once for the same number of days, and the extension must be indicated in the agency/LGU Citizen’s Charter’s extension period, consistent with RA 11032 IRR Rule VII, Sec. 3(b).
When all documentary requirements listed in the relevant Citizen’s Charter are submitted and the required fees/charges are duly paid.
Consistent with Section 10 of RA 9485 (as amended by RA 11032), the complete application is deemed approved if the NGA/LGU fails to act (approve or disapprove) within the prescribed period.
For applications for registration and tax incentives under RA 11534, failure of the NGA/LGU to act does not result in deemed approval.
If the NGA/LGU does not issue within the period, the case is endorsed to ARTA; ARTA then issues a declaration of completeness and orders concerned offices/agencies to issue the approval/extension/renewal deemed approved under RA 9485 (as amended).
The applicant must execute an affidavit of undertaking (template from DTI-BOI) stating it has secured relevant documents from specific agencies and/or will submit complete documents within 30 working days; the agency may issue permits subject to completion of requirements covered by the undertaking.
DTI-BOI heads the TWG with members from DTI, DILG, DOF, NEDA, and ARTA. It ensures implementation of EO No. 18 and acts on complaints, including taking appropriate actions against third-party business consultants that violate RA 9485 (as amended) or prejudice project proponents/government interests.