Ceti
Ceti
Ceti
This is to certify that the HWA RYOUNG CORP. , with business address CAVITE ECONOMIC ZONE, ROSARIO, CAVITE, is registered with the
PHILIPPINE ECONOMIC ZONE AUTHORITY, pursuant to Republic Act No. 7916, otherwise known as The Special Economic Zone Act of 1995, as
amended by Republic Act No. 11534 or the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act:
subject to the representation and commitments set forth in its application for registration, the provisions of the above laws, the rules and
regulations promulgated thereunder, and the terms and conditions of the Registration Agreement.
This Certificate is issued pursuant to the Implementing Rules and Regulations of the CREATE Act requiring the submission of the income tax-
based incentives entitlement certificate upon the filing of the annual income tax return with the Bureau of Internal Revenue.
Further, this Certificate is issued without prejudice to the evaluation of the full compliance by the registered business enterprise with its Terms
and Conditions prior to tax incentives availment and shall be valid for the taxable year ending December 31, 2023 unless canceled, suspended
or withdrawn by the Philippine Economic Zone Authority (PEZA) or the Fiscal Incentives Review Board (FIRB), after due process.
Furthermore, this Certification shall be deemed revoked upon written notice to that effect as may be issued by the PEZA or the FIRB, after due
process.
VIVIAN S. SANTOS
Deputy Director General for Operations
Attested by:
cvc/gdt/atm