Foreign investors in Indonesia may need additional licenses depending on their sector, business activities, facilities, products, and regulatory requirements.
Companies in the Philippines can hire foreign nationals, but the proposed role may be subject to nationality or professional restrictions, an Alien Employment Permit (AEP), and immigration ...
Indonesia's individual income tax regime is anchored in two foundational laws. Law No. 7 of 1983 on Income Tax (as most recently amended by Law No. 7 of 2021 on Harmonization of Tax Regulations, or ...
Malaysia issued its latest stimulus package on June 9, 2020, valued at 35 billion ringgit (US$8.1 billion). This stimulus package provides an array of tax incentives, financial support for businesses, ...
ASEAN overtook the EU as China’s largest trading partner in the first quarter of 2020. This has been attributed to the extended lockdown measures within the EU and that the bloc will regain its ...
Malaysia welcomes foreign ownership across most sectors and offers a reliable legal infrastructure within ASEAN. Yet the legal wrapper you choose determines tax exposure, licensing obligations, ...
Indonesia is actively working to establish a notable presence within the electric vehicle (EV) industry, with a goal of reaching 2.5 million electric vehicle users by 2025. Yet, the market data ...
Malaysia plans to build a new container port in the state of Negeri Sembilan on the western coast of the Malay Peninsula and facing the Malacca Strait. The Strait is situated between Sumatra Island in ...
Phase 1 – February 1, 2025: Companies with five or more employees or those involved in professional services, regardless of staff size, must comply with the new rate immediately. Phase 2 – August 1, ...
Timor-Leste stands at a pivotal moment in its national development, where digital transformation has the potential to leapfrog traditional growth barriers. While historically dependent on oil revenues ...
Join us for a recap of Indonesia’s economic performance in 2023, key industry trends in 2024, implications of the 2024 general election results for businesses and updates, and Indonesia’s new capital ...
Indonesia’s GR 37/2021 introduces the country’s first ever unemployment benefit program, which provides cash stipends and training to the unemployed. To be eligible, participants must have ...