ASEAN Briefing News

New Guidelines for Beneficial Ownership Reporting in Malaysia

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New guidelines in Malaysia mandate comprehensive reporting of beneficial ownership, enhancing transparency and compliance in corporate governance.

Audit and Compliance in Malaysia: A Guide for Foreign Investors

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The Companies Commission of Malaysia is proposing a change to the criteria for audit exemptions.

Audit and Compliance in Brunei: A Guide for Foreign Investors

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Private and public companies in Brunei are obligated to audit their accounts as well as hold annual general meetings once a year.

Audit and Compliance in Vietnam: A Guide for Foreign Investors

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Foreign-owned enterprises and representative offices are obligated to have their annual statements audited.

Audit and Compliance in Cambodia: A Guide for Foreign Investors

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Resident taxpayers are subject to tax on their worldwide income while non-resident taxpayers are taxed on their Cambodia-sourced income only.

How to Open a Corporate Bank Account in Singapore?

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We discuss the requirements to open a corporate bank account in Singapore, including the necessary documents, and procedures, and note the country’s prominent banking institutions.

A Closer Look at Vietnam’s Anti-Money Laundering Law

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Vietnam’s updated Anti-Money Laundering Law went into effect in March 2023. The Law aims to prevent financial crimes in the financial system.

Singapore Allows Companies and Trusts to Adopt Virtual Annual Meetings

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Singapore is now allowing companies and business trusts to adopt virtual annual general meetings (AGMs). We provide the details.

How to Open a Bank Account in Indonesia?

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We discuss everything you need to know to open a bank account in Indonesia, including the necessary documents, procedure, and fees.

Audit and Compliance in Indonesia: A Guide for Foreign Investors

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Foreign businesses should focus on Indonesia’s Company Law, which dictates the accounting standards companies should adhere to when preparing financial statements.

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