Cost of Doing Business : POWER Industrial power rate Php 8.9298 per KwH Fix customer charge per month Php 1,129.58 Commercial power rate Php Php 6.8464 per KwH Fix customer charge per month Php 102.15 Residential power rate Php 6.5787 per KwH Fix customer charge per month Php 5.00 WATER Industrial and Commercial water rate Php 350.00 at minimum of 10 cubic meter Application for connection Php 2,580.00 Coverage: 1. Pipe & fittings from distribution line to meter 2. Meter Succeeding cubic meter 11 to 20 Php 38.90 per cu. M. Succeeding cubic meter 21 to 30 Php 42.70 per cu. M. Succeeding cubic meter 31 to 40 Php 49.60 per cu. M. Succeeding cubic meter 41 above Php 57.00 per cu. M. Residential water rate per cubic meter Php 175.00 at minimum of 10 cubic meter Application for connection Php 2,300.00 Coverage: 1. Pipe & fittings from distribution line to meter 2. Meter Succeeding cubic meter 11 to 20 Php 19.45 per cu. M. Succeeding cubic meter 21 to 30 Php 21.35 per cu. M. Succeeding cubic meter 31 to 40 Php 24.80 per cu. M. Succeeding cubic meter 41 above Php 28.50 per cu. M. SCHEDULE of TAXES Business Registration of both Single - Php 500.00 Proprietorship and Corporation For Single Proprietorship: If TAXABLE INCOME is: Over Php 10,000 but not over Php 30,000 Over Php 30,000 but not over Php 70,000 Over Php 70,000 but not over Php 140,000 Over Php 140,000 but not over Php 250,000 Over Php 250,000 but not over Php 500,000 Over Php 500,000 TAX DUE is: Php 500 + 10% of the excess over Php 10,000 Php 2,500 + 15% of the excess over Php 30,000 Php 8,500 + 20% of the excess over Php 70,000 Php 22,500 + 25% of the excess over Php 140,000 Php 50,000 + 30% of the excess over Php 250,000 Php 125,000 + 34% of the excess over Php 500,000 For Corporation: DOMESTIC CORPORATION Description Tax Rate Tax Base 1. In General 1998 34% 1999 33% Taxable Income from 2000 32% All sources 2. Proprietary Educatioins 10% On Taxable Income from Institutions All sources 3. Non-stock, Non-Profit Hospital 10% On Taxable Income from All sources 4. GOCC, Agencies & Instrumentalities 1998 34% On Taxable 1999 33% Income from 2000 32% All sources National Gov’t & LGUs 1998 34% On Taxable Income 1999 33% from Proprietary sources 2000 32% sources 5. Taxable Partnership 1998 34% On Taxable 1999 33% Income from 2000 32% All sources 6. Exempt Corporation a. On Exempt Activities 0% On Taxable Income b. On Taxable Activities On Taxable Income 7. General Professional Partnership a. Corporation covered by Special Law 0% RESIDENT FOREIGN CORPORATION 1. In General 1998 34% On Taxable 1999 33% Income from within 2000 32% the 2. International Carriers 2.50% Gross 3. Regional Operating Headquarter 10% On Taxable Income 4. Corporation covered by Special Law 10% On Taxable Income 5. Offshore Banking Units (OBUs) 10% On Gross Taxable Income on Foreign Currency Transaction not Subjected to Final Tax 1998 34% On Taxable Income 1999 33% Other than Foreign 2000 32% Currency Transaction 6. Foreign Currency Deposit Unit 10% On Gross Taxable Income on (FCDUs) Foreign Currency Transaction not Subjected to Final Tax 1998 34% On Taxable Income 1999 33% Other than Foreign 2000 32% Currency Transaction Note: Food and Agri Marine Products are Exempted to Value Added Tax (VAT) and are only to pay the yearly income tax as shown on the table above. MINIMUM DAILY WAGE RATE (WO-RB VIII-13) Non-Agriculture: Cottage/Handicraft: With more than 30workers Php 198.00 Not more than 30 workers Php 198.00 Retail Service: With more than 15 workers Php 220.00 With 11 to 15 workers Php 220.00 Not nore than 10 workers Php 189.00 Agriculture: With annual gross sales of Php 5M Php 201.00 or more With annual gross sales of than Php 201.00 Php 5M Business Php 500,000.00 and employing of not more than 20 workers. Non-Agriculture Php 220.00 Agriculture: Products other than sugar Php 201.00 Sugar Php 195.00 Retail Services: With more than 15 workers Php 220.00 With 11 to 15 workers Php 220.00 Not more than 10 workers Php 189.00 List of Certified Workers in Source: Technical Education and Skills Development Authority, Samar Occupational Title As of Dec. 2006 PC Operations (Data Encoder) 180 Computer Programmer 2 Building Wiring Electrician 200 Automotive Servicing (Auto. Machanic) 11 Electric Arc Wrlder (SMAW) 92 Computer Hardware Servicing Mechanic (Comp. Tech.) 38 Animal Production Technician 2 Masonry (Mason) 1 Commercial Cooking 12 Carpentry 1 Driving 2 Food & Beverage Service Attendant 16 Plumber 22 General Draftsman 1 Dressmaker 1 Lineman 1
Drift wood furniture makers of the Municipality of Marabut.


bravenet.com