Singapore and the United Kingdom have agreed to deepen bilateral cooperation on fintech and sustainable finance.
A tax resident in Cambodia is someone who domiciles in the country or is in Cambodia for more than 182 days in any 12-month period.
The Smart Digital Hub will host bonded warehouses storing Chinese products to be sold in Thailand and Thai products to be shipped to Chinese consumers to be sold on Alibaba platforms.
Singapore adopts a territorial basis of taxation and so businesses are taxed only on Singapore-sourced income.
Singapore’s M-SEP scheme enables companies to hire foreign S Pass and Work Permit holders above the permitted prevailing quotas.
Despite the prevailing gloomy economic climate, ASEAN remains very attractive to foreign investment, and several industries look to prosper in 2023.
While the UK was reducing its overall capital exposure to Malaysia, Malaysia has grown its investments in the UK substantially.
Taxes in Thailand are governed by the Revenue Code, which follows the concept of a self-assessment system.
Indonesia has made the development of its special economic zones a priority policy with the aim of attracting over US$50 billion in foreign investment over the next decade.
The Philippines has fully opened its renewable energy sector to foreign ownership.