As of September 3, 2021, the Singapore Exchange is among Asia’s first major bourse to allow the listing of special purpose acquisition companies (SPACs).
Thailand has released new incentives for investments in R&D, semiconductor manufacturing, smart packaging, and other digital technologies.
The Philippines and Brunei have signed a double taxation avoidance treaty that will eliminate double taxation on the income generated from cross-border transactions.
Vietnam’s Circular 45 sets the new rules on the Advance Pricing Agreements (APA) mechanism in Vietnam. Circular 45 entered into force on August 3, 2021.
GR 8/2021 introduces individually owned companies, a new type of company category in Indonesia that can be incorporated by a single individual.
MOM Reg 8/2021 is an implementing regulation that details the requirements businesses must fulfill to hire foreign workers.
Singapore’s Digital Economy Partnership Agreement (DEPA) with New Zealand and Chile came into effect on January 7, 2021.
Singapore’s stable legal, tax, and business environment makes the country a key trading hub in ASEAN.
Thailand’s government approved new amendments to the country’s Civil and Commercial Code (CCC) aimed at improving the business climate.
Cambodia’s Minister of Finance and Economy issued a new regulation that sets out the criteria for certain businesses to be independently audited.