Business

Dear visitors and potential investors,

Welcome to Vigan, the future address of your business endeavor. She is a home that has carved the reputation of being:

  • The only UNESCO World Heritage City in the Philippines;
  • A Galing Pook Awardee;
  • The Cleanest, Greenest and Safest City in Region I;
  • The Most Child Friendly Component City in the Philippines;
  • A Recipient of the Seal of Good Housekeeping for Transparency and Accountability in Governance;
  • The National Winner: Gawad Pamana ng Lahi for Excellence in Local Governance;
  • UNESCO Awardee for Best Practice in Sustainable Heritage Management;
  • The National Winner: Excellence in Kalusugan Pangkalahatan for having the Best Performance in Achieving Systems-Based Approach in Local Health Reforms among Component Cities; and
  • One of the New 7 Wonders Cities of the World where both private and public sectors work in synergy to establish a habitable heritage city of choice.

Hers is a committed, functional Local Government Unit. This is Vigan, where doing business is your advantage!

Umaykayon gagayyem. Dios ti agngina!    –Mayor Juan Carlo Medina


BUSINESS ENVIRONMENT

  • No. of Business Establishments: 2998
  • No. of Banks: 29

TELECOMMUNICATION

  • 1 Land-based facility (PLDT-Digitel)
  • 3 Cellular Telecom Service
    (Smart, Globe and Suncellular)
  • 3 Internet Providers
  • 70 Internet Cafés
  • 4 Radio Stations
  • 4 Cable Stations
  • 8 Private Courier and a Post Office (Government)

MEDICAL FACILITIES

  • 6 Private Hospitals
  • 1 Provincial Hospital
  • 1 Infirmary (UNP)
  • 15 Clinics
  • 1 City Maternity Lying-in Clinic

ACCOMMODATION ESTABLISHMENT

  • 61 Hotels and Inns (Metro-Vigan)
  • 80 Restaurants

EDUCATION

  • 7 Tertiary Schools
  • 6 Secondary Schools
  • 28 Elementary Schools

Invest in Vigan, where doing business is your advantage!

INVESTMENT PRIORITY AREAS

  1. Tourism Related Ventures
  2. Innovative & Pioneering Businesses
  3. Traditional Crafts & Industries
  4. Export Oriented Businesses
  5. Information & Communication Technology

SUGGESTED INVESTMENT OPTIONS

  • Health & Wellness
  • Nursing Homes for the Aged
  • Housing/Real Estate
  • Renewable Energy

COST OF DOING BUSINESS

REAL ESTATE COST

Poblacion

  • Within Commercial Zone Php 20K – 25k/sqm
  • Residential/ Commercial Area Php 3,000 – 6,000/sqm
  • Outside Commercial Zone Php 2,000 – 4,000/sqm

Barangays Adjacent to Poblacion

  • Residential Php 2,000/sqm.

Rural Barangays

  • Residential Php 500-1,500/sqm.
  • Agricultural Php 200-500/sqm.

Utilities

  • Power Capacity 25 MVA
  • Power Cost Php 8.3690/kwh
  • Water Capacity 76,020 m3/Month
  • Water Cost Php 40.625/cu. m.

Commercial / Office Space Rental:

  • *Php 200 – 1000/sqm/month

Minimum Wage Rate:

  • Php 180 – Php 253/day

PRESENCE OF A WORKING AND FUNCTIONAL LGU

Achievements and Awards

  • One of the NEW 7 Wonder Cities of the World
  • Best Performing LGU in Region I
  • Cleanest, Greenest and Safest City
  • Most Child-Friendly Component City
  • Gawad Pamana ng Lahi Awardee
  • UNESCO Best Practice in World Heritage Management
  • Gawad Galing Pook Awardee for Governance
  • Seal of Good Housekeeping for Excellence in
    • Financial Management, Transparency and Accountability,
    • Performance Monitoring, Planning, Investment
    • Programming and Compliance with the government’s disclosure policy
  • 1st Place Gawad Kalusugan Pangkalahatan

INVESTMENT INCENTIVES

  • Tax discount for New Enterprise of 30% (Large Scale), 25% (Medium Scale), 20% (Micro and Small Scale) Respectively for a peiod of 3 years.
  • Additional 10% discount (business tax) shall be given to an enterprise whose labor force shall not be less than 60% from locality. Said discount shall be for a duration of 1 calendar year, renewable on a yearly basis for up to 3 years. Inclusive of the 1st year when granted
  • Incentives for innovative/pioneering businesses and investment priority areas
  • Assistance in hiring manpower requirements
  • Sourcing out of available resource materials
  • One-Stop shop business permit processing
  • Promotion of products and services
  • Additional Incentive and Support Measures.
    The City Incentives and Investments Board shall identify and recommend subject to the approval of the City Council additional incentives and support measures which shall be extended to targeted investors, to promote priority investment areas and activities.

FAST FACTS
Location:

  • 406 km North of Manila
  • 82 km South of Laoag City

Land Area: 28.86085 sq. km/s
Barangays: 39
Climate: Wet and Dry Season
Minimum-Max. Temperature: 21.1°C – 30.9°C

Population: 53,187
Growth Rate: 1.18%
No. of Households: 12,664
Average Household Size: 4

SECURITY AND PROTECTION

  • Police Force: 68
  • Public Safety Force: 43
  • Fire Protection Force: 41
  • Fire Trucks: 5
  • Crime Solution Efficiency: 59.43%

LAND USE

  • Agricultural: 33.94%
  • Residential: 44.44%
  • Commercial: 13.51%
  • Industrial: 2.02%
  • Institutional: 1.65%
  • Open Spaces/Parks: 0.64%
  • Forest Reserve: 0.35%
  • Bodies of Water: 4.74%
  • Recreational: 0.06%


Requirements for business permits

2014 List of Business Establishments