ASEAN Briefing News

Indonesia’s Second Home Visa: What are the Requirements?

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Indonesia has issued second home visas, the first of its kind for the country, which will allow foreigners to stay for between five to 10 years.

Increased Oversight in Indonesia’s Peer-to-Peer Lending Sector

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Indonesia has increased oversight in its peer-to-peer lending sector through OJK Regulation POJK10/2022. The regulation increases the minimum capital and equity requirements for P2P lenders and sets out a more efficient licensing procedure.

Vietnam’s Decree 91 Makes Amendments to the Tax Administration Law

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Vietnam’s Decree 91 makes amendments to the country’s Tax Administration Law. One of the changes includes reinstating the ’80 percent rule’ regarding provisional corporate income tax.

Minimum Wage Increases for Micro Enterprises in Malaysia Deferred to July 2023

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Micro enterprises in Malaysia will not be required to implement the new minimum wage until July 2023.

Thailand Adopts Work from Home Bill: Implications for Employers

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Thailand has made an amendment to the Labor Protection Act to offer the same labor rights to remote workers.

An Overview of Swiss Investments in Indonesia

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With Swiss investments already spreading across Southeast Asia, it comes as no surprise that Indonesia, a prominent member of ASEAN, has been a key focus for Swiss FDI.

A Guide to Taxation in Indonesia

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Indonesia adopts a worldwide income taxation system, meaning that those considered tax residents pay tax on income they earn in Indonesia.

The European Union and Malaysia Sign Partnership and Cooperation Agreement

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The European Union and Malaysia’s Partnership and Cooperation Agreement can help restart discussions on a future free trade agreement.

Singapore and the UK Deepen Cooperation on Fintech and Sustainable Finance

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Singapore and the United Kingdom have agreed to deepen bilateral cooperation on fintech and sustainable finance.

A Guide to Taxation in Cambodia

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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.

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