In December 2019, Thailand’s Board of Investment (BOI) issued a new incentive package to attract more investments into the Eastern Economic Corridor (EEC).
Thailand’s new Land and Building Tax Act came into effect January 1, 2020; it was introduced in March 2019. Read on to learn more.
Indonesia and Singapore signed the updated agreement on the elimination of double tax avoidance and prevention of tax evasion. Read on to learn more.
Laos’ new Income Tax Law will come into effect on February 17, 2020, and sets out the latest tax rates for businesses and employees.
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.