Starting January 1, 2020, foreign digital service providers must pay digital service tax in Malaysia.
Foreign-owned enterprises and representative offices are obligated to have their annual statements audited.
Singapore issued the Overseas Vendor Registration regime, which obligates foreign digital service providers to register and pay for goods and services tax.
Thailand is offering up to 200 percent corporate income tax deductions for businesses that invest in human resource development. Read on to learn more.
Indonesia’s Company Law mandates that financial statements of a limited liability company must be audited by a public accountant registered in the country. Read on to learn more.
Singapore makes it obligatory for registered businesses to hold annual general meetings, file annual financial statements, and to be officially audited.
On January 1, 2020, the double taxation avoidance agreement between Indonesia and Tajikistan came into force. Read on to learn more.
Malaysia uses both progressive and flat rates for personal income tax, depending on an individual’s duration and type of work in the country. Read on to learn more.
Confusion over how the 13th month pay and Christmas bonuses differ in the Philippines is common. We look at the differences between the two types of bonus payments, how they are taxed, and who is eligible.
The government introduced Regulation 78 of 2019 offering a variety of income tax incentives for investment in specific industries and provinces. Read on to learn more.