This Alert is issued to inform all concerned on the guidelines issued by the Fiscal Incentives Review Board (FIRB) allowing Registered Business Enterprises (RBEs) of the Information Technology- Business Process Management (IT-BPM) sector to adopt Work-From-Home (WFH) arrangements because of the COVID-19 pandemic. On the issued FIRB No. 19-2021, RBEs may continue implementing WFH arrangements without adversely affecting their fiscal incentives until March 31, 2022, subject to the following conditions: The number of employees under WFH arrangement shall not exceed 90% of the total workforce of the RBE. Beginning January 1, 2022, the ceiling shall be reduced to 75% until March 31, 2022, However, if the state of calamity is extended beyond January 1, 2022, the ceiling shall be maintained at 90% until March 31, 2022. The number of laptops or other equipment of the RBE outside ecozone should not exceed the number of its employees who are under WFH arrangement. Bonds shall be post...
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