Summary
RMC No. 36-2022 prescribes the uniform template for the VAT Zero Percent (0%) Certification that Investment Promotion Agencies (IPAs) issue, in relation to Q & A No. 34 of RMC No. 24-2022.
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Key points
- Contents of the certification. Q & A No. 34 requires the IPA to issue it annually to Registered Export Enterprises (REEs). It states the registered export activity, the tax incentive entitlement with validity period, and the applicable goods and services.
- Templates. Template 1 (with Annex A) is for REEs registered under RA No. 11534 (CREATE Act). Template 2 (with Annex A) is for existing REEs registered before CREATE.
- Master list. IPAs give the BIR a master list of all REEs issued the certification, for counterchecking. It goes to the Assistant Commissioner, Assessment Service, Attention: Chief, Audit Information, Tax Exemption and Incentives Division, and by e-mail to aiteid_ies@bir.gov.ph.
Who is affected
- Investment Promotion Agencies
- Registered Export Enterprises
Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.
Copies of BIR issuances are hosted here for reference. For the official version, check bir.gov.ph. Summaries by Tax Resources PH are not a substitute for the full text or professional advice.