𝗧𝗢𝗨𝗥𝗜𝗦𝗠 𝗖𝗢𝗗𝗘: 𝗖𝗛𝗔𝗣𝗧𝗘𝗥 𝗩𝗜𝗜𝗜 𝗜𝗡𝗖𝗘𝗡𝗧𝗜𝗩𝗘𝗦
August 19 2024, Monday 05:13 PM
𝗦𝗘𝗖𝗧𝗜𝗢𝗡 𝟲𝟵. 𝗙𝗜𝗦𝗖𝗔𝗟 𝗜𝗡𝗖𝗘𝗡𝗧𝗜𝗩𝗘𝗦 𝗜𝗡 𝗧𝗛𝗘 𝗧𝗢𝗨𝗥𝗜𝗦𝗠 𝗜𝗡𝗗𝗨𝗦𝗧𝗥𝗬.
Registered and/or accredited enterprises shall be entitled to the fiscal incentives provided under the Butuan City Investment and Incentive Code.
In addition to the incentives provided therein, they shall also be entitled to a social responsibility incentive of a Local Business Tax deduction to not more than ten (10%) of the cost of environmental protection or cultural heritage preservation activities, sustainable livelihood programs for local communities, and other similar services.
𝗦𝗘𝗖𝗧𝗜𝗢𝗡 𝟳𝟬. 𝗡𝗢𝗡-𝗙𝗜𝗦𝗖𝗔𝗟 𝗜𝗡𝗖𝗘𝗡𝗧𝗜𝗩𝗘𝗦 𝗜𝗡 𝗧𝗛𝗘 𝗧𝗢𝗨𝗥𝗜𝗦𝗠 𝗜𝗡𝗗𝗨𝗦𝗧𝗥𝗬.
Registered enterprises shall be entitled to the non-fiscal incentives enumerated below, subject to evaluation of the BCHB:
A. Technical support, assistance and networking;
B. Inclusion in the LGU marketing and promotional collaterals;
C. Inclusion of the TRE in tour packages;
D. Inclusion of the products patronized by the CGB during or in any of its activities or programs; and
E. Preference for registered establishments in the procurement of food, venue, room accommodation, consultancy services related to tourism and cultural events, transportation services and resource persons (if applicable)
This shall be without prejudice to other non-fiscal incentives under the Butuan City Investment and Incentives Code to which the Tourism Related Establishment is eligible, subject to the evaluation of the BCIB.
In addition to the incentives provided therein, the BCIIB is mandated to formulate incentives that will enable non-accredited tourism-related enterprises to attain accreditation not later than five (5) years after the effectivity of this Code.
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