Outsourcing in
the Philippines

3 reasons why the Philippines

• Diverse Talent

  The Philippines stands out with a median age of 25.1 years and a total population of 116 million. Nearly 850,000 Filipinos graduate college every year, majority of whom complete business administration, engineering, IT, and medical and allied courses.

  80% of adult Filipinos know how to read and write in English, showcasing a strong grasp of the language.

  With a competitive annual labor cost Of USD 6,000, the Philippines is the world’s second-largest source of talent in the outsourcing sector.

• BPO-Ready Cities

  An archipelago, the Philippines offers dozens of BPO-ready cities to set up your outsourcing operations.

  In Metro Manila, an office space costs USD 17 per square meter per month with a total stock of 8 million sqm. Cities outside Metro Manila cost nearly half of this rent and are the fastest-growing destinations for outsourcing companies.

  We identified II established BPO destinations and 10 emerging cities and regions in our report.

• Fiscal Incentives

  The Philippine government provides various fiscal incentives to foreign businesses operating in the country. These include:

  • Income tax holiday
  • Special corporate income tax
  • Enhanced deductions
  • Duty exemptions
  • Value-added tax exemptions

  Find out how to avail these exemptions through government agencies by reading our report.