The Department of Trade and Industry – Export Marketing Bureau (DTI-EMB) held a Joint Public Consultation (PubCon) on February 19, 2025, to clarify the implementation of the CREATE MORE Act, specifically regarding the Certificate of Zero-VAT Rating for Export-Oriented Enterprises (EOEs).
Held both onsite and online, the consultation tackled the tax treatment of EOEs under the new law. Officials presented the draft Revenue Regulation (RR), draft Joint Administrative Order (JAO), and the procedures for securing a Zero-Rated VAT accreditation certificate. Key speakers included Mr. Jun-Jun B. Andallo, Atty. Brianna Kay De Los Santos, and Ms. Asnia R. Bayabao from the Bureau of Internal Revenue (BIR) and DTI-EMB.
Continue reading “Unlocking VAT Perks: DTI-BIR Consultation Clarifies Zero-Rating for Exporters”