ASEAN Briefing News

Indirect Tax and Stamp Duty Measures in Malaysia for 2021

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Malaysia has introduced a variety of indirect tax and stamp duty measures in its 2021 national budget that businesses should be aware of.

Singapore to Reduce Foreign Worker Quota for Manufacturing Sector

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Singapore’s foreign worker quota will be reduced for the manufacturing sector from 20 percent to 15 percent by January 2023.

Vietnam’s Binh Dinh Industrial Zone: Opportunities for Foreign Investors

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Vietnam’s Bin Dinh province approved the construction of an industrial zone (IZ) in 2020. The IZ will be spread out over 1,000 hectares and will be constructed within 10 years.

Individual Income Tax Amendments in Malaysia for 2021

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Malaysia’s government has introduced several income tax amendments that will impact individual taxpayers for 2021.

UK exporters’ use of Singapore as ASEAN’s supply chain gateway boosted by new bilateral trade agreement

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By Bob Savic, Advisor to Dezan Shira & Associates From “Singapore-on-Thames” to cruising on the Singapore River There was much controversy, before and after the United Kingdom’s (UK) Brexit from the European Union (EU), in talk of it adopting a free trade and manufacturing model similar to Singapore’s. The idea was dubbed as “Singapore-on-Thames” by […]

Vietnam’s Solar Industry: Bright Prospects for Investors

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Vietnam’s energy consumption will continue to grow as the economy recovers from the pandemic-induced downturn.

Tax Identification Numbers in Laos: Compliance by June 2021

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The government of Laos issued Notification 0831 in February 2021, which obligates all individuals liable to personal income to obtain a tax identification number.

Singapore’s Resilience Package: Support for Businesses and Jobs in 2021

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Singapore’s government issued the COVID-19 Resilience Package as part of its 2021 national budget announcement on February 16, 2020.

Vietnam’s Automobile Industry and Opportunities for EU Investors

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Vietnam’s automobile industry presents growing opportunities for EU investors thanks to a growing middle class and the upcoming EVFTA.

Tax Measures Impacting Businesses in Malaysia for 2021

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Malaysia’s government has issued several tax measures in its national budget that will impact businesses in 2021.

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