Other Briefings
The Updated Indonesia-Singapore Tax Treaty Enters into Force
On July 23, 2021, the updated Indonesia-Singapore double taxation agreement entered into force, strengthening efforts to prevent tax evasion, and increase investments between the two countries.
Thailand Issues Latest US$1.3 Billion Stimulus Package
Thailand issued its latest stimulus package valued at 42 billion baht (US$1.3 billion), which provides financial assistance to businesses and people.
Thailand and the EU Resume Free Trade Agreement Negotiations
Thailand and the European Union (EU) have agreed to resume negotiations on a free trade agreement (FTA), seven years after talks collapsed in 2014.
Company Dissolution in Indonesia: A Guide for Foreign Investors
The company dissolution process in Indonesia can be voluntary or non-voluntary. This article explores the steps that foreign investors should take when liquidating their Indonesian businesses.
The Philippines Imposes New 12% VAT Rate on Exporters
The Philippines’ Revenue Regulation No. 9-2021, which introduces a 12 percent value-added tax (VAT) rate on certain sales transactions that were previously taxed at zero percent.
How US Businesses Can Access the East Asian US$25 Trillion RCEP Free Trade Market Agreement via Existing Agreements
US businesses can access the RCEP free trade agreement through its existing agreements with partners in the region.
Indonesia’s Omnibus Law: Individuals Now Allowed to Incorporate Companies
GR 8/2021 introduces individually owned companies, a new type of company category in Indonesia that can be incorporated by a single individual.
Decree 70 to Impact Cross-Border Advertising Services in Vietnam
Vietnam’s Decree 70 stipulates that advertising service providers engaging in cross-border advertising services must abide by regulations on cybersecurity, and the provision and use of internet services, as well as pay tax.
Singapore Launches Latest US$800 Million Economic Support Package
On July 23, 2021, Singapore introduced its latest S$1.1 billion (US$800 million) economic support package as the country returned to Phase 2 restrictions.
How to Prepare a Foreign Worker Utilization Plan: Hiring in Indonesia
MOM Reg 8/2021 is an implementing regulation that details the requirements businesses must fulfill to hire foreign workers.
