IIIPC

The City Government shall establish the Iligan Investment Promotion Center that shall execute all acts and promulgation of the Board in relation to the regulation, promotion and generation of investments and other approved programs and projects that will make Iligan City an ideal business location. The IIPC shall perform the following duties and responsibilities:

1. To serve as secretariat, records custodian and technical staff of the Iligan Investment Board;

2. To act as one-stop action center for the accreditation and registration of enterprises; including providing assistance

A. securing business permits or licenses of the registered enterprises and its other requirements to hasten their operations;

B. securing and facilitating the availment of registered enterprises of the national investment incentives program; and

C. identifying ideal business locations and other requirements of applicant enterprises;

3. Subject to the direction and approval of the Board, implementing the following:

A. a vigorous and sustained image-building program including but not limited to regular tri-media releases, production of business publications and trade updates or innovative marketing collaterals,

B. vigorous and sustained investment facilitation and generation program including but not limited to sending and receiving trade and investment missions, organizing and participating in trade fairs and exhibitions

C. a sustainable program for the development and promotion of SMEs in coordination and consultation with the appropriate local, regional and national government agencies and business support organizations including but not limited to enterprise formation, technology transfers and licensing agreements and training;

4. Provide business consultancy services including but not limited to pre-feasibility studies, government regulations, policies, procedures and incentives site selection, joint ventures, business acquisitions and accessing of financing or lending facilities especially for SMEs

5. Conduct regular researches and policy studies to include, but not limited to, investment climate assessment, economic condition analysis, business opportunities identification, industry sector studies;

6. Establish and maintain data bank on general business information including but not limited to investment incentives promotion, identification of businesses and potential partners.

7. Perform such other functions and duties as may be assigned by the Board.

TAX RATES LESS THAN:	1,000 AMOUNT	PER ANNUM
1,000 OR MORE BUT LESS THAN	2,000	49.50
2,000 OR MORE BUT LESS THAN	3,000	82.50
3,000 OR MORE BUT LESS THAN	4,000	110.00
4,000 OR MORE BUT LESS THAN	5,000	165.00
5,000 OR MORE BUT LESS THAN	6,000	198.00
6,000 OR MORE BUT LESS THAN	7,000	220.00
7,000 OR MORE BUT LESS THAN	8,000	264.00
8,000 OR MORE BUT LESS THAN	10,000	308.00
10,000 OR MORE BUT LESS THAN	15,000	363.00
15,000 OR MORE BUT LESS THAN	20,000	440.00
20,000 OR MORE BUT LESS THAN	30,000	495.00
30,000 OR MORE BUT LESS THAN	40,000	715.00
40,000 OR MORE BUT LESS THAN	50,000	990.00
50,000 OR MORE BUT LESS THAN	75,000	1,540.00
75,000 OR MORE BUT LESS THAN	100,000	2,090.00
100,000 OR MORE BUT LESS THAN	150,000	2,750.00
150,000 OR MORE BUT LESS THAN	200,000	3,850.00
200,000 OR MORE BUT LESS THAN	300,000	4,950.00
300,000 OR MORE BUT LESS THAN	500,000	7,150.00
500,000 OR MORE BUT LESS THAN	750,000	10,450.00
750,000 OR MORE BUT LESS THAN	1,000,000	14,850.00
1,000,000 OR MORE BUT LESS THAN	2,000,000	15,400.00
IN EXCESS OF 2,000,000
2,000,000 UP TO 20,000,000	27.5% OF 1%
20,000,000 UP TO 50,000,000	38.5% OF 1%
50,000,000 ABOVE	55.0% OF 1%