DTI rolls out CREATE MORE Act's VAT perks for exporters, certifies first four EOEs

The Department of Trade and Industry (DTI) has awarded the initial batch of Export-Oriented Enterprise (EOE) certificates to four companies, entitling them to VAT-related incentives under the CREATE MORE Act.

According to the DTI, the first EOE-certified firms are Dole Philippines Inc., Philsaga Mining Corp., Krystle Exports Philippines Inc., and Bosch Service Solutions Inc.

Under the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) Act—formally known as Republic Act No. 12066—companies exporting at least 70 percent of their annual output may apply for EOE certification. 

Once certified, enterprises gain access to VAT zero-rating on local purchases of goods and services, and VAT exemption on the importation of goods directly used in export operations.

These targeted tax incentives are designed to reduce operational costs, enhance export competitiveness, and encourage reinvestment in innovation and business expansion.

“This landmark initiative marks more than a policy breakthrough—it signals our readiness to compete, scale, and lead in the global market,” said DTI Secretary Cristina A. Roque. “By strengthening the ability of our exporters to expand their reach, we are also generating jobs and driving inclusive economic growth.”

The four certified companies represent diverse industries:

• Dole Philippines Inc. (Est. 1963): A global leader in tropical fruit exports, Dole cultivates vast plantations across Mindanao and Luzon, supplying fresh and processed pineapples and juices to markets in the Americas, Europe, and Asia. The company is also expanding into sustainable agriculture and biofuel production.
• Philsaga Mining Corp. (Est. 2001): PMC operates the Coo Gold Mine in Agusan del Sur, extracting over 900,000 metric tons of ore annually. The company is committed to environmental and community standards, as evidenced by its ISO 14001:2015 certification.
• Krystle Exports Philippines Inc. (Est. 1987): Krystle Exports is a trusted distributor of premium Filipino food and non-food products. It also partners with local manufacturers to deliver high-quality goods to the US, Hong Kong, and the Middle East.
• Bosch Service Solutions Inc. (Est. 2010): Based in Taguig City, Bosch provides world-class business process outsourcing and customer experience services to global clients, including the Bosch Group. The company is ISO 9001:2008 certified for quality management.

The ceremonial awarding, led by the DTI’s Export Marketing Bureau (DTI-EMB), marks the official rollout of the CREATE MORE Act’s VAT-related provisions for the export sector.

DTI-EMB urges all eligible exporters to apply for EOE certification and take full advantage of these strategic, performance-based incentives designed to fuel growth and global reach. —Ed: Corrie S. Narisma