Policymakers in the Philippines have introduced economic measures to arrest the adverse impact of the ongoing coronavirus pandemic to the national economy. One of these is the proposed Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act which seeks to offer economic relief and attract foreign investments through a much lower corporate income tax and recalibrated incentives regime. More recently, the proposed legislation has passed the Senate on third and final reading as lawmakers remain optimistic to deliver a key legislative priority.

The ECCP invites you to a special one-hour online briefing together with KPMG Philippines as we zoom in on the latest developments on the proposed CREATE Act, the provisions that matter the most to the business community, and its implications to the overall investment climate in the country.