During the business and investment summit in Singapore on 19 September 2024, the Philippines Department of Finance (DOF) assured investors that the upcoming enactment of the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (Create More) Act will make doing business in the Philippines smoother than ever (DOF release). As previously reported, the Create More Act was approved by the Philippine Senate on 9 September 2024 to enhance investment, including a reduced corporate tax rate of 20% for qualifying enterprises taking advantage of the enhanced deductions regime (EDR) incentive. --- Recto to Singaporean investors:...