All Investment Promotion Agencies (IPAs) are mandated to use the updated templates
beginning March 1, 2023. However, earlier adoption of the amended templates is highly
encouraged.
All CETIs already issued on or before February 28, 2023 using the previous templates
circulated last March 23, 2022, shall remain valid for the corresponding fiscal or calendar year,
unless canceled, suspended, or withdrawn by the IPA or the FIRB, after due process.
| Classification of Projects | Annex | Updates |
|---|---|---|
| 1. Projects registered under Republic Act (RA) No. 11534 or the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act ("CREATE Projects") | Annex “A” | No change |
| 2. Projects registered prior to the effectivity of the CREATE Act ("Pre-CREATE Projects") | Annex “B” | Minor changes (in red font) |
| 3. Projects registered under RA No. 9513 or the Renewable Energy Act of 2008 ("Renewable Energy Projects") | Annex “C” | Minor changes (in red font) |
All Investment Promotion Agencies (IPAs) are mandated to use the updated templates
beginning March 1, 2023. However, earlier adoption of the amended templates is highly encouraged.
All CETIs already issued on or before February 28, 2023 using the previous templates circulated last March 23, 2022, shall remain valid for the corresponding fiscal or calendar year, unless canceled, suspended, or withdrawn by the IPA or the FIRB, after due process.