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News » IBPAP calls for liberalized legislation for BPOs

IBPAP calls for liberalized legislation for BPOs

The IT and Business Process Association of the Philippines (IBPAP) wants legislation to be created that spells out the freedom for Business Process Outsourcing (BPO) agencies and other ecozone locators to choose their preferred investment promotion agency (IPA).

In a statement, IBPAP President Jack Madrid said that suddenly switching IPAs would be “onerous” for any concerned organization as it is expected to disrupt business operations.

He added that the decision to register with an IPA is a complex decision that will be influenced by an individual company’s business goals, priorities, and investment criteria.

“While incentives have been made uniform across the different IPAs… the policies that govern the administration and supervision of registered enterprises among IPAs are not uniform and transfers of registration from one IPA to another may not be as easy,” Madrid noted.

This statement comes as proposals were made for the BPO industry to exclusively register with the Board of Investments (BoI) for flexible office work arrangements.

Madrid reiterated that a potential mass IPA transfer will subject RBEs “to an arduous task that not everybody may be willing to take for the time being and under the present circumstances. This appears contrary to the ease of doing business principles that the government has been trying so hard to establish.”

Read more here.

 

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