CorpPass Set to Replace SingPass for Businesses in Singapore
CorpPass is to replace SingPass for business interactions with government e-services. Understand the rollout, and learn how to apply for CorpPass as we analyze the G2B interface.
ASEAN Regulatory Brief: Tax Evasion in Singapore, Business Registration in the Philippines, and Indonesian Banking Rules
In this week’s ASEAN Regulatory Brief we highlight Singapore’s recent tax evasion agreement with Australia, discuss streamlined business registration in the Philippines and Indonesian banking rules
Indirect Taxation Across ASEAN
VAT and GST rates within ASEAN vary widely between member states – from 12 percent in the Philippines to countries which do not currently levy these taxes at all, such as Laos and Myanmar. For those considering investment, GST, VAT, and other taxation tied to the purchase of specific goods should be watched closely.
The Philippines Resumes Tax Audits Following Internal Review
The Philippines has announced the resumption of field audits from the Philippine Bureau of Internal revenue. Understand how the functions of the BIR have changed and what field audits will mean for your Investments.
ASEAN Market Watch: Self-Driving Cars in Singapore, Thai Medical Tourism, and Unemployment in the Philippines
In this week’s ASEAN Market Watch, we discuss self-driving cars in Singapore, highlight growing Thai medical tourism, and analyze unemployment reduction plans in the Philippines.
Singapore Removes Spot Pricing Requirements for Precious Metal GST Exemptions
Investors in Investment Precious Metals (IPMs) will no longer be required to base pricing on commodity spot prices to claim exemption from GST. Understand what has changed and how the new policy is likely to impact investment.
Malaysia Announces 70% Tax Exemption for Shipping Industry
Malaysia is one of the most prolific traders within the ASEAN bloc. Helping to ensure the longevity of this position, the country has introduced a 70 percent tax incentive for those in the shipping industry. Understand the particulars of these incentives and learn how you may benefit.
ASEAN Regulatory Brief: Investment Treaties in Singapore, Digital Tax in Malaysia, and Removal of a US Ban on Indonesian Flights
In this week’s ASEAN Market Watch we analyze Singaporean Investment agreements with several African states, highlight Malaysian digital taxes, and discuss removal of a US flight ban on Indonesian aircraft.
The Guide to Corporate Establishment in Labuan, Malaysia
Malaysia is one of ASEAN’s most mature economies and presents a variety of investment opportunities for those seeking to enter Southeast Asia. Learn how to set up and operate in Labuan, Malaysia, with expert insight on incorporation, registration, and other aspects of the Labuan Companies Act of 1990.
ASEAN Market Watch: Indian SEZs in Myanmar, US Increasing Engagement in Cambodia, and Innovation in the Philippines
In this week’s ASEAN Market Watch we look at Indian sponsored SEZs in Myanmar, highlight Increasing US engagement in Cambodia, and discuss recent moves up the Global Innovation Index by the Philippines