The D&L Industries facilities in Batangas. The publicly listed firm on Friday (Sept. 26, 2025) said two of its subsidiaries have received a two-year extension of income tax holiday to June 30, 2029 due to the state-of-the-art facilities that will boost job creation and economic expansion. (Photo grabbed from D&L Industries website)
Two subsidiaries of publicly-listed D&L Industries have obtained a two-year extension of their Income Tax Holiday (ITH), strengthening their role in driving local jobs and economic activity through advanced manufacturing facilities in Tanauan, Batangas.
In a disclosure to the Philippine Stock Exchange (PSE) on Friday, D&L confirmed that D&L Premium Foods Corp. (DLPF) and Natural Aeropack Corporation (NAC) were granted Pioneer Status by the Philippine Economic Zone Authority (PEZA). This recognition extends their ITH coverage from June 30, 2027 to June 30, 2029.
The approval was issued by PEZA on September 19, with the Certificate of Board Approval released on September 25, 2025.
Beyond the ITH period, both subsidiaries will benefit from a preferential 5 percent tax rate on gross income earned until December 31, 2034, in line with the CREATE MORE Act, which incentivizes businesses operating in special economic zones.
“This approval underscores our commitment to innovation, advanced manufacturing technology, and world-class automation systems. It reflects our long-term vision of positioning the Philippines as a hub for sustainable, high-value manufacturing that is globally competitive,” said D&L President and CEO Alvin Lao.
