대상

인센티브 내역

Developers of

RE facilities

including

hybrid &

cogeneration

systems using

both RE sources

& conventional

energy, for both

power and

non power

applications,

(DoE 인증서

획득 필요)

- Income tax holiday for seven years;

- Duty-free importation of RE machinery, equipment and

  materials including control and communication equipment;

- Special realty tax rates on equipment and machinery not

  exceeding 1.5% of their original cost less accumulated normal

  depreciation or net book value;

- Net operating loss during the first 3 years from the start of

  commercial operation which had not been previously deducted

  from gross income shall be carried over as deduction from

  gross income for the next 7 consecutive taxable years

  immediately following the year of such loss (NOLCO);

- Corporate tax rate of 10% on its net taxable income after 7

  years of ITH;

- Accelerated depreciation of plant, machinery and equipment

  may be applied if the project fails to receive an ITH before

  full operation;

- 0% Value-Added Tax rate on the sale of fuel or power

  generated. Zero rated VAT on purchases of local supply of

  goods, properties and services needed by RE developers in

  the development, construction and installation of its plant

  facility as well as the exploration and development of RE

  resources and its conversion into power;

- Tax exemption from carbon credits;

- Cash incentive of Renewable Energy developers for Missionary

  Electrification. A cash generation-based incentive per kilowatt

  hour equivalent to 50% of the universal charge for the power

  needed to service missionary areas chargeable against the

  universal charge for missionary electrification;

- Tax credit on domestic capital equipment and services;

  Exemption from universal charge;

- Option to pay transmission and wheeling charges of on a per

  kilowatt-hour basis at a cost equivalent to the average per

  kilowatt-hour rate of all other electricity transmitted through

  the grid;

Manufacturers,

fabricators &

suppliers of

locally produced

RE equipment

& components

duly recognized

and accredited

by the DOE

- Tax and duty free importation of components, parts and

  materials necessary for the manufacture and/or fabrication of

  RE Equipment and components made after obtaining DOE

  approval for such importation;

- Tax credit on domestic capital components, parts & materials

  purchase made from DOE-accredited local manufacturers;

- Income tax holiday for 7 years from the date of

  recognition/accreditation;

- Zero-rated value added tax on transactions with local

  suppliers of goods, properties and services.

Incentives for

farmers certified

by DOE that are

engaged in the

plantation of

biomass

resources

(자트로파,코코넛,

사탕수수 등)

- Duty-free importation;

- Exemption from Value Added Tax on all types of agricultural

  inputs, equipment and machinery and spare parts.

Tax rebate for

the purchase of

RE Components

- Tax rebate for all or part of the tax paid for the purchase of

  RE equipment for residential, industrial or community as

  prescribed by DOF.