The Philippines is working to move up the global value chains, thereby presenting foreign investors with newfound opportunities.
Taxpayers in Indonesia are obligated to withhold taxes on certain payments to residents and non-residents.
Despite soaring rental costs, Singapore continues to maintain its status as a favored destination for international corporations.
Value-added tax in Indonesia is imposed on the provision of services or the transfer of taxable goods at a rate of 11 percent.
The corporate taxation (CIT) regime in Indonesia is governed by the Harmonized Tax Law and the CIT rate is 22 percent for the 2023 fiscal year.
Czech Prime Minister Petr Fiala’s visit to Indonesia focused on enhancing relations in key areas such as education, agriculture, and sustainable development.
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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.
ASEAN members agreed to increase local currency transactions and promote better regional payment connectivity at the 42nd ASEAN Summit.
The Philippines uses a self-assessment tax system, and the accounting period consists of 12 months, normally ending on December 31.
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