Why Invest in Taguig
Transparency and accountability, coupled with good business policies makes Taguig City the successful and competitive financial district it is today—buzzing with growth and development in every corner.
Because of the local government’s commitment to develop and revitalize its business sector, it established reforms on its business policies and transactions that led to the influx of businesses that greatly contributed to the city’s progress.
Taguig City is known for its low tax rates, ease of doing business, efficient services and corruption-free policies. The city also conducts the Business One-Stop Shop (BOSS) which takes fast-tracking of procedures to the next level.####
Taguig is host to the following:
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16 universal and commercial banks;
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10 rural banks;
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1,126 manufacturing firms;
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243 restaurants;
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13 registered batching plant;
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2 shopping malls;
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24 cottage industries; and 7,776 registered commercial and industrial establishments.
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Taguig City is home to 53 subdivisions, 2 public markets, 19 flea markets, 6 public memorial parks, and 5 private memorial parks.
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Taguig City’s tax rates are much lower than the other neighboring cities, making it a very competitive place for business.
Below are some comparative tax rates:
Source: Edrigas book & Taguig’s BPLO
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Source: https://www.taguig.gov.ph/doing-business/why-invest-in-taguig/
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