The Department of Trade and Industry-Export Marketing Bureau (DTI-EMB), Export Development Council (EDC) and the Philippine Exporters Confederation, Inc. (PHILEXPORT) cordially invites all exporters, Small and Medium Enterprises, Academe, International Organizations and relevant stakeholders to save the date and participate in this year’s National Export Congress (NEC) 2019 on 06 December 2019, 8:00 -4:00 PM at the Philippine International Convention Center, CCP Complex, Pasay City, with the theme “DRIVING EXPORTS THROUGH DIGITAL TRANSFORMATION”.
The Congress will showcase how the government will address the challenges brought about by the Fourth Industrial Revolution (4IR) and how the private sector and businesses, specifically the export sector will respond to such challenges to meet their global market demands using digital tools. –GTM
The instrument of Philippine accession to the Customs Convention on ATA Carnet for the Temporary Admission of Goods or the Istanbul Convention is now at the Office of the President for his signature.
The ATA Carnet system is an international scheme that will allow temporary admission and tax-free and duty-free importation of commercial samples, professional equipment and articles for presentation or use in trade fairs, shows, and exhibitions without customs formalities.
The system will also allow traders to use ATA Carnet secured by an international guarantee system. The ATA Carnet is a single document of goods that will pass through several customs territories and will be valid up to one (1) year. It will foster free movement of goods between countries, thus saving costs and time in clearing goods at the border. Failure to re-export all goods listed on the Carnet will result in the payment of applicable duties.
The Department of Finance (DOF), in a letter to the Department of Foreign Affairs (DFA) dated 8 August 2019, requested the preparation of the Instrument of Accession subject to certain conditions. It also underscored that the Convention will “help promote efficiency, consistent with the Administration’s policy of promoting ease of doing business and efficient service delivery.”
Relevant government agencies such as the Department of Trade and Industry (DTI), Bureau of Customs (BOC), Bureau of Internal Revenue (BIR), Department of Tourism (DOT) and Tariff Commission signified their support by submitting their respective Certificates of Concurrence (COC) to the DFA through the DOF.
Once signed by the President, Senate ratification through the concurrence of at least two-thirds of its members is constitutionally required. The Convention provides that it shall enter into force three months after the Philippine has deposited its Instrument of Accession.
The implementation of the ATA Carnet system will support the Office of the President Memorandum Circular (MC) No. 27 which directs “all concerned agencies to strengthen the implementation of the Philippine Export Development Plan and involving other agencies in the development of the export sector”. Specifically, MC 27 mandates the DFA to advocate the Philippine Accession to the Istanbul Convention.- ARB
The Export Development Council (EDC) in partnership with the Tourism Infrastructure and Enterprise Zone Authority (TIEZA) continuously supports Philippine Exporters by giving travel tax exemption incentives through Executive Order (EO) 589 for the past 12 years.
Said EO only exempts exporters joining international trade fairs, exhibitions, selling missions, conferences, trade negotiations, seminars and other promotion activities, from paying the travel tax amounting to Php 1,620 for economy class and Php 2,700 for business class.
Since 2007, EDC has endorsed 13,174 Travel Tax Exemptions (TTEs) applications to TIEZA which issues the exemption certificates. From the total TTEs issued 87% are for joining international trade fairs, 10% for outbound business and selling missions and 3% for other participation i.e. conferences, seminars and promotions activities.
Exporters are still encouraged to avail of this government support. The TTE application form can be downloaded at http://edc.net.ph/downloads/TTEform.pdf.
For other concerns and information on tax exemptions not covered by EO 589, you may call TIEZA at telephone numbers 249.5900 locals 641/646/643.- MGL