Thailand Issues Tax Incentives for Investments in Local Startups
We list the eligibility criteria, targeted industries, and tax incentives available for entities or individuals making investments into Thai startups.
Tax Incentives for Pharmaceutical Manufacturers in Malaysia: How Can Businesses Qualify?
Malaysia will continue to accept applications for tax incentives from pharmaceutical manufacturers until December 31, 2022.
Cambodia Delays Capital Gains Tax to 2024: Impact for Businesses and Individuals
Cambodia has officially delayed its planned implementation of capital gains tax to January 1, 2024.
Laos Issues Tax Obligations for Non-Resident E-commerce and Digital Platform Providers, Joins Other ASEAN Markets
The taxing of non-resident e-commerce and digital players in Laos is part of a continuing trend in ASEAN.
Thailand Issues New Incentive Package for Electric Vehicle Industry
Thailand issued new incentives for its electric vehicles industry as part of its plans to become a production base for EVs in Southeast Asia.
New Tax Measures Impacting Businesses and Individuals in Singapore’s Budget 2022
In the first of our series covering Singapore’s 2022 budget, we look at the new tax measures impacting businesses and individuals in the city-state.
Laos Reduces VAT Rate to Support the Post-COVID-19 Economy
Laos has reduced its value-added tax (VAT) rate as part of the government’s support of the post-COVID-19 economy.
What are the Rules for Implementing Value-Added Tax on Foreign E-commerce Activities in Cambodia?
Cambodia’s Prakas 542 provides the rules for implementing a value-added tax on non-resident foreign e-commerce suppliers.
Malaysia Issues Tax Exemption for Foreign Sourced Income
The Malaysian government has decided to provide a tax exemption on foreign-sourced income for individual taxpayers, backtracking from their earlier proposal made in the 2022 budget.
Vietnam Circulars 40 and 100: Guiding PIT and VAT Administration for Businesses and Individuals
Circulars 40 and 100 provide new guidelines on tax administration for businesses and individuals.