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To attract businesses and investors to the city, the Ozamiz City
government provides convenience and speedy processing of documents
and papers through it's One-Stop Shop investment office as well
as attractive tax incentives as provided in City Ordinance No. 819
otherwise known as Ozamiz City Tax Code of 1994.
A. For Enterprises Located Outside of the Industrial Estate
Enterprises outside of the designated Industrial Estate with
capitalization of Php 500 thousand and above and employing a minimum
of 10 workers are entitled to the following tax incentives for three (3)
years from date of registration:
1. Fifty percent (50 percent) reduction of the Tax on Business imposed
in Section 23 of the "Ozamiz City Tax Code of 1994".
2. Fifty percent (50 percent) reduction of Tax on billboards, signboards
and advertisements imposed in Section 37 of the "Ozamiz City Tax Code of 1994".
3. Fifty percent (50 percent) reduction of the Tax for delivery trucks
imposed in Section 46 of the "Ozamiz City Tax Code of 1994".
4. Fifty percent (50 percent) reduction of Regular Garbage Fees
imposed in Section 690 of the "Ozamiz City Tax Code of 1994".
B. Enterprise Located within the Industrial Estate
1. Exemption from payment of the taxes referred to
in Section 14 (a) hereof, for the first (5) years from date of registration.
2. Tax incentives referred to in section 14 (a) for the sixth to tenth year
from date of registration.
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