A Guide to Value Added Tax in Indonesia
Value-added tax in Indonesia is imposed on the provision of services or the transfer of taxable goods at a rate of 11 percent.
A Guide to Corporate Income Tax in Indonesia
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.
Audit and Compliance in Malaysia: A Guide for Foreign Investors
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.
Audit and Compliance in the Philippines: A Guide for Foreign Investors
The Philippines uses a self-assessment tax system, and the accounting period consists of 12 months, normally ending on December 31.
How GST Liability is Assessed on Low Value Goods Transactions in Singapore
Goods and services tax is levied on low-value goods that are imported to Singapore. Businesses should identify whether their customers are GST-registered.
How to Open a Bank Account in Indonesia?
We discuss everything you need to know to open a bank account in Indonesia, including the necessary documents, procedure, and fees.
An Overview of Indonesia’s Double Tax Avoidance Agreements
Indonesia’s large number of double tax avoidance agreements (DTAA) eliminate double taxation for businesses and consumers.
Audit and Compliance in Indonesia: A Guide for Foreign Investors
Foreign businesses should focus on Indonesia’s Company Law, which dictates the accounting standards companies should adhere to when preparing financial statements.
Tax Incentives Under Malaysia’s Budget 2023
Malaysia’s 2023 Budget offers enhanced tax incentives for key industries such as aerospace, shipbuilding, electric vehicles, and electronics.
Malaysia Budget 2023: Changes to Corporate and Individual Tax Regimes
Malaysia’s Budget for 2023 has changed the country’s corporate and individual tax regimes.