Free Trade Zones
Subic Bay Freeport Zone – Free Zone in Philippines
Subic Bay Freeport Zone, Philippines: Former US naval base converted to freeport and special economic zone.
- Type
- Free Zone
- Country
- Philippines
- City
- Olongapo City
- Established
- 1992
- Operator
- Subic Bay Metropolitan Authority
- Nearest port
- Subic Bay Port
- Nearest airport
- Subic Bay International (SFS)
Former US naval base converted to freeport and special economic zone.
Free Zone: Areas where goods may be landed, stored, and shipped free of customs duty.
Deep harbor capable of handling largest vessels
Benefits
- Tax-free importation of equipment
- 5% gross income tax in lieu of all taxes
- Tax and duty-free incentives
- No foreign exchange controls
Key industries
- Ship repair
- Electronics
- Warehousing
- Tourism
- Manufacturing
More in this directory
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- FTZ 202 - Los Angeles – Foreign Trade Zone in United States
- FTZ 22 - Chicago – Foreign Trade Zone in United States
Frequently asked questions
What are the benefits of Subic Bay Freeport Zone?
Tax-free importation of equipment, 5% gross income tax in lieu of all taxes, Tax and duty-free incentives, No foreign exchange controls
Which industries use Subic Bay Freeport Zone?
Ship repair, Electronics, Warehousing, Tourism, Manufacturing