The Asian Consulting Group (ACG) has successfully concluded its investment and tax roadshow in Berlin, Germany, further strengthening its commitment to promoting the Philippines as a strategic and sustainable investment destination.
This initiative builds on the momentum from last year’s joint investment mission with the Philippine Economic Zone Authority (PEZA), led by Director General Theo Panga.
As a leading tax expert and advocacy partner of the Philippine government, ACG plays a vital role in ensuring that foreign investors experience the promised “red carpet, not red tape.”
During the Berlin roadshow, ACG reaffirmed its commitment to providing transparent, efficient, and corruption-free tax advisory services for both new investors and existing locators in the country.
Under the CREATE MORE Act, two key reforms were highlighted, directly shaped by ACG’s ongoing dialogue with foreign stakeholders:
1. Establishment of the Registered Business Enterprise (RBE) Taxpayer Service to enhance investor support and ensure full tax compliance.
2. Creation of a VAT Refund Center and the adoption of an electronic refund system, streamlining processes for low-risk taxpayers and eliminating unnecessary audits.
ACG’s Berlin visit also strengthened its collaboration with the Philippine Trade and Investment Center (PTIC), led by Special Trade Representative Nic Bautista, in supporting German businesses interested in Philippine opportunities.
Looking ahead, ACG is excited to collaborate with the German Asia-Pacific Business Association and the German-Philippine Chamber of Commerce and Industry (GPCCI) to further advance investment partnerships between Germany and the Philippines.
The Asian Consulting Group is a premier tax advisory firm in the Philippines, dedicated to fostering a business-friendly tax environment through expert advice, regulatory compliance, and advocacy.
Got questions about taxes? CONSULT ACG! Email at consult@acg.ph or visit http://www.acg.ph. Mon Abrea
