Assistance to Ecozone Registered Enterprises Pursuant to "Bayanihan We Heal as One Act"
The PEZA Memorandum Circular No. 023-20 provides assistance to ecozone-registered enterprises in light of the COVID-19 pandemic under the "Bayanihan to Heal as One Act." Key measures include a 90-day deferment of rental payments for April and May 2020 without penalties for public ecozones, a 30-day deferment for utility payments, and a 90-day grace period for old unpaid accounts from January to March 2020. Additionally, processing fees for PEZA services can be paid within 15 days after the lifting of the Enhanced Community Quarantine. These measures aim to alleviate the financial impact on businesses during the pandemic.
Quick Answers
- What is Assistance to Ecozone Registered Enterprises Pursuant to "Bayanihan We Heal as One Act" about?
- The PEZA Memorandum Circular No. 023-20 provides assistance to ecozone-registered enterprises in light of the COVID-19 pandemic under the "Bayanihan to Heal as One Act." Key measures include a 90-day deferment of rental payments for April and May 2020 without penalties for public ecozones, a 30-day deferment for utility payments, and a 90-day grace period for old unpaid accounts from January to March 2020. Additionally, processing fees for PEZA services can be paid within 15 days after the lifting of the Enhanced Community Quarantine. These measures aim to alleviate the financial impact on businesses during the pandemic.
- What type of law is PEZA Memorandum Circular No. 023-20?
- Assistance to Ecozone Registered Enterprises Pursuant to "Bayanihan We Heal as One Act" (PEZA Memorandum Circular No. 023-20) is a Philippine Inter-Agency Task Force on Emerging Infectious Diseases (IATF-EID) Issuances enacted by the Congress of the Philippines.
- When was Assistance to Ecozone Registered Enterprises Pursuant to "Bayanihan We Heal as One Act" enacted?
- Assistance to Ecozone Registered Enterprises Pursuant to "Bayanihan We Heal as One Act" (PEZA Memorandum Circular No. 023-20) was enacted on Apr 18, 2020.
- What is the citation for Assistance to Ecozone Registered Enterprises Pursuant to "Bayanihan We Heal as One Act"?
- Assistance to Ecozone Registered Enterprises Pursuant to "Bayanihan We Heal as One Act", PEZA Memorandum Circular No. 023-20, Apr 18, 2020 (Philippines)
Law Information
- Reference Number
- PEZA Memorandum Circular No. 023-20
- Date Enacted
- Subcategory
- Philippine Economic Zone Authority
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
April 18, 2020
PEZA MEMORANDUM CIRCULAR NO. 023-20
| TO | : | All PEZA-Registered Enterprises |
| PEZA Finance Group and Cashier | ||
| PEZA Zone Administrators/Managers/OICs & Collecting Officers | ||
| SUBJECT | : | Assistance to Ecozone Registered Enterprises Pursuant to "Bayanihan We Heal as One Act" |
Pursuant to the declared policies of R.A. No. 11469 otherwise known as the "Bayanihan to Heal as One Act," the following measures are to be implemented to cushion the impact of the Enhanced Community Quarantine (ECQ) to ecozone registered enterprises due to the COVID-19 pandemic:
1. Deferment of rental payment in the public ecozones.
Rental payments for the months of April and May 2020 in the public ecozones [i.e., Cavite Economic Zone (CEZ), Mactan Economic Zone (MEZ), Baguio City Economic Zone (BCEZ) and Pampanga Economic Zone (PEZ)] are deferred for ninety (90) days from due date. No interest or penalty for delayed payment shall be imposed during the 90-day grace period.
2. Deferment of payment of utilities in the public ecozones.
Payment for the utilities (i.e., electricity, water, waste water treatment) in the public ecozones is likewise deferred for thirty (30) days. No interest or penalty for delayed payment shall be imposed during the 30-day grace period.
3. Grace period for old unpaid accounts.
For old unpaid accounts covering the months of January to March 2020 prior to the implementation of the ECQ, PEZA hereby grants a grace period for payment of ninety (90) days.
4. Deferment of payment of processing fees.
Payment of fees for PEZA services and permits particularly for Letter of Authority (LOA), building permits, visa processing, etc. may be paid within fifteen (15) days from the lifting of the ECQ. The LOA and visa processing permit fee deferment is limited to transactions with the PEZA Head Office in BGC, Taguig City, since applicants in the private ecozones are able to pay these transactions in the zones.
For your guidance.
(SGD.) BGEN CHARITO B. PLAZA MNSA, PhDDirector General
Cite This Law
Assistance to Ecozone Registered Enterprises Pursuant to "Bayanihan We Heal as One Act", PEZA Memorandum Circular No. 023-20, Apr 18, 2020 (Philippines)
Assistance to Ecozone Registered Enterprises Pursuant to "Bayanihan We Heal as One Act", PEZA Memorandum Circular No. 023-20 (Phil. 2020)
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- Immediate Implementation of COVID-19 Prevention MeasuresPEZA Memorandum Circular No. 016-20 • Mar 23, 2020 • Inter-Agency Task Force on Emerging Infectious Diseases (IATF-EID) Issuances
- Guidelines for the Registration and Administration of Incentives to Tourism Ecozone Developers/Operators and Locators Republic Act No. 7916, as AmendedPEZA Resolution No. 342-02 • Oct 10, 2002 • Other Rules and Procedures
- Modifying Fiscal Incentives to BOI-Registered EnterprisesExecutive Order No. 1045 • Aug 7, 1985 • Presidential Issuances
- Rules and Regulations to Implement Republic Act No. 7916IRR of RA 7916 • May 17, 1995 • Implementing Rules and Regulations
- Guidelines in the Registration of Electric Power Generation Facilities Operating Inside the EcozonePEZA Memorandum Circular No. 019-07 • Sep 13, 2007 • Other Rules and Procedures
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