Driving Investment: Mon Abrea Breaks Down the CREATE MORE Act

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Asian Consulting Group’s (ACG) Founding Chairman and CEO Mon Abrea discussed the implications of the newly signed CREATE MORE Act (RA 12066).  As a

Asian Consulting Group’s Founding Chairman and CEO Mon Abrea discussed the implications of the newly signed CREATE MORE Act .

The CREATE MORE Act introduces several new incentives and clarifies previously legislated incentives in the original CREATE law to enhance the Philippines’ competitiveness as an international destination. Export-oriented enterprises are entitled to zero-rated VAT and are eligible for VAT refunds, with CREATE MORE making a separate VAT refund center under the Department of Finance.

 

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