Singapore Qualifies as ASEAN Hub for Fast Track Patent Applications
Singapore is the first nation in ASEAN qualified to accept and process fast track patent applications under the Patent Cooperation Treaty (PCT). The new services provide businesses a cost effective alternative to preexisting PCT offices.
ASEAN Regulatory Brief: Asian Infrastructure Investment Bank, Malaysia-Slovakia DTA, EU-Vietnam FTA Cuts Tariffs on Meats
In this ASEAN Regulatory Brief, we look at some of the important regulatory changes taking place in ASEAN, Malaysia, and Vietnam.
ASEAN Regulatory Brief: ASEAN Economic Ministers Meeting, Upcoming DTA, and Expanded Tax Incentives
In this ASEAN Regulatory Brief, we look at some of the important outcomes from the recent Meeting of the ASEAN Economic Ministers, as well as highlighting regulatory changes taking place in Singapore and Indonesia.
Thailand’s New Investment Promotion Policies Open a New Door to Foreign Investors
After 15 years of sticking to the same regulations, Thailand has finally announced that will update its investment policy. The Thai Board of Investment (“BOI”) has announced a new seven-year investment promotion strategy, making significant changes to a number of BOI investment promotion policies. The new policies, which came into effect this year and will last until the end of 2021, aim to restructure the Thai economy to a more focused form of investment promotion.
ASEAN Regulatory Brief: FATCA, GST, and a New DTA Protocol
In this ASEAN Regulatory Brief, we look at some of the important regulatory changes taking place in Singapore, Malaysia, and Indonesia during the second half of August.
Singapore’s New Amendments to the Companies Act: the Annual Audit Exemptions for Small Firms Explained
Qualifying small companies in Singapore can now benefit by foregoing a yearly financial burden – annual audits. The new regulations arise from the amendment of Singapore’s Companies Act in October, 2014 – the most sweeping change made since the law’s original promulgation in 1967.
Indonesia Expands List of Pioneer Industries Eligible for a Tax Holiday
Indonesia’s Ministry of Finance (MOF) has announced that it will extend its list of “pioneer” industries that qualify for tax holidays. Such companies are eligible to receive a 70 percent exemption from income tax for between five and 15 years, as well as additional financial incentives. The proposed changes should take effect later this month.
The Three Most Common IPR Mistakes for SMEs in ASEAN
There are very few SMEs that would not take the issue of intellectual property rights (IPR) seriously in their home countries, but IPR legislation can be opaque when they move overseas. Here we take a look at the top 3 IPR mistakes SMEs make in ASEAN.
ASEAN Regulatory Brief: CIT e-Filing, GST, Relaxed Investment Regulations, and Adjusted Reference Prices for Imports
In this ASEAN Regulatory Brief, we look at some of the important regulatory changes taking place in Singapore, Malaysia, Indonesia, and Thailand during the month of August.
Philippines Expands E-filing of Tax Returns, Mulls Personal Income Tax Reduction
Over the past year, the Philippines has been making great strides in improving its business environment. Chief among these improvements has been the government’s efforts to simplify the country’s tax system. The Southeast Asian nation is now continuing its efforts to improve the system of e-filing tax returns and the promotion of its use by businesses throughout the country.