Cost of Doing Business

Lease Rates

Land Lease Rates

IndustrialPhp 23.82 /sqm/month
CommercialPhp 43.43 /sqm/month
ResidentialPhp 31.23 /sqm/month

Building Lease Rates

A. Industrial Building

Existing Standard Factory Building SFB
Less than one (1) floorPhp 93.08 /sqm/month
One (1) floorPhp 87.90 /sqm /month
Two (2) floorsPhp 82.75 /sqm/month
Whole Standard Factory Building (SFB)-existingPhp 77.75 /sqm/month
New Standard Factory Building*
Entire floorPhp 242.50 /sqm /month
Half floorPhp 216.97 /sqm/month
Less than half a floorPhp 191.45 /sqm/month

B. Commercial Building

CafeteriaPhp 124.11 /sqm/month
Post OfficePhp 124.11 /sqm /month
RCBCPhp 124.11/sqm/month
Standard Factory Building
(SFB) 8 - 2nd Floor
Php 124.11/sqm/month

C. AFAB Administration Building

Lower Ground FloorPhp 155.13 /sqm/month
Third FloorPhp 124.11 /sqm /month
Fourth and Fifth Floor*Php 382.88 /sqm/month

*Rates subject to change without prior notice – Based from Board Resolution No. 2016-23

Administrative Fees of FAB Developers

Application FeePhp 12,000.00
Registration FeePhp 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

Power Supply SourceSN Aboitiz, WESM, GNPower
Voltages13,800V, 110V, 220V, 440V
Power Rates**
IndustrialPhp 6.1074 /kilowatt hour
CommercialPhp 8.2411 /kilowatt hour
ResidentialPhp 8.5367 /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 August 2021

Water

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 - RegularJanuary 2019
First 25 cubic metersPhp 355.58
26-100 cubic metersPhp 17.60
Over 1000 cubic metersPhp 17.57

Industrial Rates - Bulk Water AgreementJanuary 2019
First 25 cubic metersPhp 328.92
26-100 cubic metersPhp 16.28
Over 1000 cubic metersPhp 16.25

Commercial1 June 2018
First 25 cubic metersPhp 839.91
26-100 cubic metersPhp 33.55
Over 1000 cubic metersPhp 40.16

Residential1 May 2018
First 15 cubic metersPhp 114.71
16-20 cubic metersPhp 192.94
21-25 cubic metersPhp 288.78
26-30 cubic metersPhp 419.22
Next 20 cubic metersPhp 17.20
Next 20 cubic metersPhp 21.39
Next 20 cubic metersPhp 26.53
Over 100 cubic metersPhp 33.14
Garbage Collection FeePhP 827.90/cubic meter
Sewerage FeePhP 4.80 / 80% of water consumption (in cubic meter)

Cost of Labor

Daily Minimum Wage*

Non-Agriculture

With 10 or more workersPhp 420.00/ day
With less than 10 workersPhp 413.00/ day

Retail/Service

With 10 or more workersPhp 409.00/ day
With less than 10 workersPhp 395.00/ day

*based on W.O. RB III-22 Effective 01 January 2020

Statutory Benefits for Workers

Phil Health*Monthly PremiumPremium RateMonthly Premium
2019Php 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
2020Php 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
2021Php 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
2022Php 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
2023Php 10,000.00
Php 10,000.01 to Php 89,999.99
Php 90,000.00
4.50%Php 450.00
Php 450.00 to Php 4,050.00
Php 4,050.00
2024 to 2025Php 10,000.00
Php 10,000.01 to Php 99,999.99
Php 100,000.00
5.00%Php 500.00
Php 500.00 to Php 5,000.00
Php 5,000.00
(Monthly Salary Credit: Php 5,000 – Php 20,000)Employer ShareEmployee Share
Social Security System
PHP 435 to PHP 1,730PHP 225 to PHP 900
PAG-IBIGPhP 100.00PhP 100.00
GSIS Employee Premium12% of monthly compensation9% of monthly compensation

*Based from the PhilHealth Circular No. 2019-0009

*Effective as of December 2019

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