Why Invest in Taguig


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BOSS SM Aura Grand openning (5) Thanks giving Luncheon  (1) TTS ARCA SOUTH

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:

  • 16 universal and commercial banks;
  • 10 rural banks;
  • 1,126 manufacturing firms;
  • 243 restaurants;
  • 13 registered batching plant;
  • 2 shopping malls;
  • 24 cottage industries; and 7,776 registered commercial and industrial establishments.
  • Taguig City is home to 53 subdivisions, 2 public markets, 19 flea markets, 6 public memorial parks, and 5 private memorial parks.
  • 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:

Taguig City Quezon City Makati City Pasig City Manila City Pasay City
Manufacturer 6,873 36,560 24,375 34,125 52,961.2 40,419
Manufacturer
(6.5m or more)
Plus 39% of 1%
Plus 25% of 1%
Plus 50% of 1% Plus 20% of 1% Plus 52.5% of 1% Plus 55% of 1%
Plus S-21, 50% of 1%
Plus 55% of 1%
Wholesaler 10,500 15,000 10,000 14,000 20,075 16,000
Wholesaler
(2m or more)
Plus 25% of 1% Plus 60% of 1% Plus 20% of 1% Plus 70% of 1% Plus 75% of 1% Plus 82% of 1%
Retailer 1.5% 2% ND 2.8% 2M=20,075 3.5%
Retailer
(400,000 or more)
Plus 1% ND Plus 20% of 1% Plus 1.4% Plus 75% of 1% Plus 2%
Contractor 12,075 17,250 11,500 16,100 22,346 18,975
Contractor
(2M or more)
Plus 65% of 1% ND Plus 60% of 1% Plus 70% of 1% Plus 87.5% of 1% ND
Bank 8% of 1% 25% of 1% 15% of 1% 75% of 1% 30% of 1% 75% of 1%
Transfer Tax 50% of 1% 75% of 1% 50% of 1% 75% of 1% 75% of 1% 50% of 1%
Source: Edrigas book & Taguig’s BPLO

 


Taguig City Hotlines

Taguig City Hall Trunkline 555-7800 Police Taguig Mobile Patrol 0921-7221972
Fire Department at City Hall 642-9982 Public Order & Safety Office 642-1261
Fire Department Taguig Central 837-0740 / 837-4496 Taguig Environmental / Solid Waste 642-7557
Fire Department at FTI 837-4496 Traffic Management Office 640-7006
Lake & River Patrol 628-1377 Taguig-Pateros District Hospital 837-8132
Office of Social Welfare & Development 555-7919 Taguig City Rescue 215-9700 / 0917-5503727
PNP Taguig / COP 642-2060 Taguig Emergency Hotline 165-7777
Tactical Operation Center Police 642-3582
Police 117 / Emergency 1623