Philippines - Apply for Endorsement to the Board of Investments (BOI)

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Procedure

Online Appointment:

1. The applicant has to make an appointment before vising the office using the following link
2. The applicant has to enter the following details to make an appointment:
   • Email Address
   • Name
   • Office, Company, Affiliation or Organization Name
   • Company / Business Address
   • Contact Number
   • Office to visit
   • Person to visit or transact with
   • Nature or purpose of visit
   • Date of visit
   • Time of visit
   • Other details on the appointment
3. After entering all the above-mentioned details, the applicant will receive an appointment schedule via email.
4. On the appointed date the applicant has to visit the office.

Apply In-Person:

1. To Apply for Endorsement to the Board of Investments (BOI), the applicant has to approach the Philippines Department of Energy nearby offices link
2. The applicant has to write a request letter to the concerned officer as advised.
3. Make sure that the applicant has attached all the necessary documents that are mentioned in the “Required Documents” section of this page.
4. The applicant has to attach the photocopies of the required documents along with the application form while submitting.
5. Submit all the documents with the completed form to the concerned officer.
6. The applicant has to pay the prescribed fee as requested by the authority.
7. After receiving the application, the concerned authority will check the submitted application and document set. If all are in place, the application will be accepted.
8. All applications are processed within a reasonable time, having regard to the particular circumstances of each application, including the completeness of information and documents submitted to the authority by the applicant.
9. The authority may seek additional information from an applicant if this is necessary to assess the application. The authority does not need to deal further with an application until the applicant has provided this additional information.
10. Once everything is accepted the Authority will provide the certificate.
11. This entire process can be completed within 7 days or as per the timeline advised by the respective department authority.

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Required Documents

• Letter of Request addressed to the EPIMB Director
• Company profile/Background (Brief description of the company, history, industry/sector the company is operating
• SEC Registration for Partnership and/or Corporation, Latest General Information Sheet (GIS) and Articles of Incorporation & ByLaws/Partnership (all documents must be SEC certified machine copy/original copy)
• DTI Registration for Sole Proprietorship
• Project Background / Description including the following information
  • Project Fact Sheet: (exact location, the official name of the power generating facility, commissioning date, off-taker of the electricity, etc.) Annex A
  • Executive Summary of the Feasibility Study
  • Technical Description of the Project (For coal power plants, please indicate sources of coal and percentage of its sources), for diesel power plants, please submit Certificate from the Fuel supplier indicating compliance with the 2% biodiesel blend and Fuel Supply Agreement (Certificates should bear original and not an electronic signature)
  • Total Investment Cost (Permit and Licenses, Land Acquisition, Civil Works, Machinery and Equipment and other related initial costs (Annex B). For costs in foreign currency, indicate the conversion rate to Php).
• Five (5) -Year Projected Financial Statements with and without ITH (Income Statement, Balance Sheet, Statement of Cash Flows)
• Power Supply Agreement of Energy Sales/Supply Agreement/ ASPA (For ancillary Service Provider) including all the amendments in the contract and assignment if applicable.
• Proof of Financial Closure
  • Notarized Certificate of Availability of funds indicating to finance 100% of the project cost through Internally Generated Funds to be signed by the President or Treasurer of the Company
  • Notarized Certification indicating the Loan Equity Ratio of the total project cost
  • Notarized Memorandum of Agreement/Loan Term Agreement between the company and financier on the amount of Financial Assistance/loan to be provided
• Should be included in the DOE List of Committed Power Projects

Office Locations & Contacts

DEPARTMENT OF ENERGY – PHILIPPINES
Main Office
Energy Center, 34th St., Rizal Drive,
Bonifacio Global City, Taguig City,
Philippines 1632
Trunkline Number: (632) 8479-2900
Email Address: [email protected]

Luzon Field Office
Government Center, Nueva Vizcaya, P
angasinan Road, Brgy. Carmay East (Purok 06) Rosales 2441,
Pangasinan
Telephone Number:(075) 653-0233, (02) 8479-2900 local 570/572
Telefax: (075) 656-0114
Email address: [email protected] , [email protected]

Visayas Field Office
3rd Floor, Escario Building,
731 Escario Street, Capitol Site, Cebu City
Telephone Nos: (032) 253-2150; 253-7222; 253-3459
Email Address: [email protected]

Mindanao Field Office
3rd Floor, Tolentino 2020 Building, A. Candelaria Street,
Ecoland Drive, Matina, Davao City
Mobile Nos.:
Globe - 0906 1844428
Smart - 0909 8943328
Email Address: [email protected]
Contact Details link

Eligibility

• Any Generation Companies engaging in power generation requesting registration to avail incentives who intend to Apply for Endorsement to the Board of Investments (BOI) are eligible to make this application.

Fees

• The applicant has to pay the prescribed fee as requested by the authorized officer.
• Use the following link to know more about fees and Charges link

Validity

Explain the time until which the certificate/document is valid.
e.g. Birth Certificate Valid Forever

Documents to Use

Please attach documents that can be used by people. e.g. links

Sample Documents

Please attach sample completed documents that would help other people.

Processing Time

• This entire process can be completed within 7 days or as per the timeline advised by the respective department authority.

Related Videos

Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Instructions

• Applicants must complete the application form before submitting it. Incomplete applications will not be accepted.
• Applicants must provide genuine information while applying for this procedure.

Required Information

• Name of the applicant
• Address
• Telephone number
• Email
• Fax no
• TIN no
• Business details
• Project details
• Investment details

Need for the Document

• Endorsement to the Board of Investments (BOI) refers to a process where a project or investment proposal is recommended or supported by the BOI to the appropriate government agencies for approval.

Information which might help

• For more information link

Other uses of the Document/Certificate

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

External Links

• Link
  

Others

• The BOI is an attached agency of the Philippine Department of Trade and Industry (DTI) that aims to promote investments in the country by providing various incentives and assistance to qualified enterprises. One of the roles of the BOI is to evaluate investment proposals and determine their eligibility for incentives, such as income tax holidays, duty-free importation of capital equipment, and others.
• The endorsement process typically involves a thorough evaluation of the investment proposal by the BOI, including its feasibility, potential economic benefits, and adherence to the agency's investment priorities. The BOI may also require additional documentation and information from the investor or enterprise to support the endorsement application.