How the CREATE Act Transforms Offshoring for New Zealand Businesses in the Philippines
The Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act, formally known as Republic Act No. 11534, positions the Philippines as a premier offshoring destination for New Zealand businesses. By lowering corporate taxes, simplifying compliance, and tailoring industry-specific incentives, it offers unparalleled opportunities for cost savings, operational efficiency, and sustainable growth. For Kiwi companies looking to optimise costs, foster innovation, and expand globally, the CREATE Act amplifies the advantages of offshoring to the Philippines, making it a strategic choice for long-term success.