Question & AnswerQ&A (EXECUTIVE ORDER NO. 619)
Republic Act No. 9400, signed into law on March 20, 2007, grants tax incentives to Clark SEZ and other designated Special Economic Zones.
PEZA is tasked to register, regulate, and supervise all duly registered enterprises operating within the Special Economic Zones created inside the Clark Freeport Zone.
Section 12 of RA 9400 repealed Section 50 of RA 7916.
All laws, decrees, proclamations, rules, regulations, or other issuances inconsistent with the provisions of this Executive Order are repealed or modified accordingly.
The Executive Order took effect immediately upon its publication in a national newspaper of general circulation.
They shall be entitled to the same tax and duty incentives as provided under Republic Act No. 7916, as amended.
No, the Executive Order specifically applies to Special Economic Zones created by proclamation inside the Clark Freeport Zone.
RA 7916 is made applicable in relation to RA 8784, RA 7227, as amended by RA 9400, pursuant to the provisions of Executive Order No. 619.