All companies incorporated in Malaysia must have their accounts audited by a Ministry of Finance approved auditor as mandated by the Companies Act of 2016.
The Philippines uses a self-assessment tax system, and the accounting period consists of 12 months, normally ending on December 31.
Goods and services tax is levied on low-value goods that are imported to Singapore. Businesses should identify whether their customers are GST-registered.
We discuss everything you need to know to open a bank account in Indonesia, including the necessary documents, procedure, and fees.
Indonesia’s large number of double tax avoidance agreements (DTAA) eliminate double taxation for businesses and consumers.
Foreign businesses should focus on Indonesia’s Company Law, which dictates the accounting standards companies should adhere to when preparing financial statements.
Malaysia’s 2023 Budget offers enhanced tax incentives for key industries such as aerospace, shipbuilding, electric vehicles, and electronics.
Malaysia’s Budget for 2023 has changed the country’s corporate and individual tax regimes.
Taxpayers in Indonesia must file their tax returns by March 31. This can be done online or through a registered tax office.
Indonesia offers a variety of income tax incentives for investors that invest in its marine and fisheries industries. Here are the criteria.