
Makati City, Philippines—On June 02, the Philippines has taken a major step in advancing its export competitiveness as the Department of Trade and Industry (DTI) officially certified the first four companies as Export-Oriented Enterprises (EOEs) under the CREATE MORE Act.
Facilitated by the DTI’s Export Marketing Bureau (DTI-EMB), the ceremonial awarding of EOE Certificates signifies the implementation rollout of the CREATE MORE Act’s VAT-related incentives for exporters. This certification grants eligible enterprises access to critical tax benefits that reduce operational costs and fuel reinvestment in innovation and expansion.
“This landmark initiative marks more than a policy breakthrough—it signals our readiness to compete, scale, and lead in the global market. By strengthening the ability of our exporters to expand their reach, we are also generating jobs, and driving inclusive economic growth,” said DTI Secretary Cristina A. Roque.
“This commitment advances President Ferdinand R. Marcos Jr. vision for a ‘Bagong Pilipinas,’ as we build a more agile and opportunity-rich environment for Filipino exporters through the strategic incentives of the CREATE MORE Act,” the trade chief added.
Among the initial companies awarded with EOE certification are:
- 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 Corporation (PMC) (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.
Why the CREATE MORE Act Matters
The Republic Act No. 12066, also known as Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE Act), was signed into law on November 8, 2024. It is a transformative policy designed to attract investments, modernize key industries, and enhance the global competitiveness of local exports.
Under this law, qualified companies may be certified as EOEs if at least 70% of their annual sales come from export transactions. Once certified, EOEs gain access to VAT zero-rating on local purchases of goods and services, as well as VAT-exempt importation of goods directly used in export activities.
These targeted incentives significantly lower the cost of doing business, allowing exporters to scale operations, enhance product quality, and compete more effectively in international markets.
The DTI-EMB encourages all eligible exporters to apply for EOE certification and fully leverage the performance-based benefits under the CREATE MORE Act.
For inquiries, send an email to createmoreexports@dti.gov.ph, call (+632) 7791.3274, or visit the www.dti.gov.ph/negosyo/exports/create-more-certification. ♦
Date of Release: 03 June 2025