Philippine government has declared the new Zuellig Building in Paseo de Roxas corner Makati Avenue as an IT center authorized by the Philippine Economic Zone Authority. Having an office in a PEZA accredited building entitles companies a host of fiscal and non-fiscal perks administered by Peza, including a five percent gross income tax, in lieu of all local taxes, and duty-free importation of capital equipment.
To date, it is the largest investment in a high-rise buildling in Makati according to PEZA director-general Lilia de Lima. The property is being developed by the property arm of Zuellig Pharmaceuticals, Bridgebury Realty Corp.

