Cost of Doing Business
As of December 2022
Land Lease Rates
| Industrial | Php 25.02 |
| Commercial | Php 45.61 |
| Residential | Php 32.79 |
Building Lease Rates
A. Industrial Building
| Existing Standard Factory Building SFB | |
| Less than one (1) floor | Php 97.74 |
| One (1) floor | Php 92.29 |
| Two (2) floors | Php 86.88 |
| Whole Standard Factory Building (SFB)-existing | Php 81.45 |
| New Standard Factory Building* | |
| Entire floor | Php 201.02 |
| Half floor | Php 227.82 |
| Less than half a floor | Php 254.62 |
B. Commercial Building
| Post Office | Php 130.32 |
| RCBC | Php 130.32 |
| Standard Factory Building (SFB) 8 - 2nd Floor | Php 130.32 |
| FAB Public Market | Php 210.00 |
| New Cafeteria Building | Php 190.00 |
C. AFAB Administration Building
| Lower Ground Floor | Php 162.89 |
| Third Floor | Php 130.32 |
| Fourth and Fifth Floor* | Php 402.03 |
*Rates subject to change without prior notice – Based from Board Resolution No. 2016-23
| Application Fee | Php 12,000.00 |
|---|---|
| Registration Fee | Php 12,000.00 for 25 hectares and below Php 24,000.00 for more than 25 hectares up to 50 hectares Php 36,000.00 for more than 50 hectares |
| Annual Administration Fee (AAF) for areas to be registered within the FAB Php 500,000.00 for 5 hectares up to 10 hectares Php 1,000,000.00 for more than 5 hectares up to 10 hectares Php 2,000,000.00 for more than 10 hectares |
|
| For every FAB Registered Enterprises to be located within the FAB, the Annual Administration Fee shall be a flat rate of Php 45,000.00 per active enterprise/ operating within the year of fraction thereof. |
|
Effective as of 01 September 2019
Based on MC No. FED 2019-01
| Power Supply Source | SN Aboitiz, WESM, GNPower |
| Voltages | 13,800V, 110V, 220V, 440V |
| Power Rates** | |
| Industrial | Php 8.7500 /kilowatt hour |
| Commercial | Php 11.6832 /kilowatt hour |
| Residential | Php 12.0366 /kilowatt hour |
*GN Power Mariveles Coal Plant Ltd. Co. is operating a 600MW clean coal-fired power plant beside the FAB up to date.
**as of 31 December 2022
Water Supply Source: 2.4 billion-gallon capacity dam complemented by water treatment plant capable of delivering 14 million gallons of water every day.
| Industrial Rates - Regular | January 2019 |
|---|---|
| First 25 cubic meters | Php 355.58 |
| 26-1000 cubic meters | Php 17.60 |
| Over 1000 cubic meters | Php 17.57 |
| Industrial Rates - Bulk Water Agreement | January 2020 |
|---|---|
| First 25 cubic meters | Php 355.58 |
| 26-1000 cubic meters | Php 17.60 |
| Over 1000 cubic meters | Php 17.57 |
| Commercial | 1 June 2018 |
|---|---|
| First 25 cubic meters | Php 839.91 |
| 26-1000 cubic meters | Php 33.55 |
| Over 1000 cubic meters | Php 40.16 |
| Residential | 1 May 2018 |
|---|---|
| First 15 cubic meters | Php 114.71 |
| 16-20 cubic meters | Php 192.94 |
| 21-25 cubic meters | Php 288.78 |
| 26-30 cubic meters | Php 419.22 |
| Next 20 cubic meters | Php 17.20 |
| Next 20 cubic meters | Php 21.39 |
| Next 30 cubic meters | Php 26.53 |
| Over 100 cubic meters | Php 33.14 |
| Garbage Collection Fee | PhP 827.90/cubic meter |
| Sewerage Fee | PhP 4.80 / 80% of water consumption (in cubic meter) |
Daily Minimum Wage*
Non-Agriculture
| With 10 or more workers | Php 450.00/ day |
| With less than 10 workers | Php 443.00/ day |
Retail/Service
| With 10 or more workers | Php 439.00/ day |
| With less than 10 workers | Php 425.00/ day |
*based on W.O. RB III-23 Effective 20 June 2022
Statutory Benefits for Workers
| Phil Health* | Monthly Premium | Premium Rate | Monthly Premium |
|---|---|---|---|
| 2019 | Php 10,000.00 Php 10,001.00 to Php 49,999.99 Php 50,000.00 | 2.75% | Php 275.00 Php 275.00 to Php 1,375.00 Php 1,375.00 |
| 2020 | Php 10,000.00 Php 10,001.00 to Php 49,999.99 Php 50,000.00 | 3.00% | Php 300.00 Php 300.00 to Php 1,800.00 Php 1,800.00 |
| 2021 | Php 10,000.00 Php 10,000.01 to Php 69,999.99 Php 70,000.00 | 3.50% | Php 350.00 Php 350.00 to Php 2,450.00 Php 2,450.00 |
| 2022 | Php 10,000.00 Php 10,000.01 to Php 79,999.99 Php 80,000.00 | 4.00% | Php 400.00 Php 400.00 to Php 3,200.00 Php 3,200.00 |
| Employer Share | Employee Share | ||
| Social Security System (Monthly Salary Credit: Php 5,000 – Php 20,000)** | PHP 435 to PHP 1,730 | PHP 225 to PHP 900 | |
| Employer Share | Employee Share | ||
| PAG-IBIG | PhP 100.00 | PhP 100.00 |
**Based on SSS Circular No. 2020-033
*Based on PhilHealth Advisory No. 2022-0010
Note: PhilHealth contribution adjustment from three percent (3%) to four percent (4%) is effective retoactively on 01 January 2022.
See: https://www.philhealth.gov.ph/advisories/2022/adv2022-0010.pdf