Economy & Trade

Investment Hotspots in the Philippines: Promising Sectors to Watch


The Philippines is working to move up the global value chains, thereby presenting foreign investors with newfound opportunities.

Czech Prime Minister's Visit Boosts Strategic Partnership with Indonesia: Key MoUs Signed


Czech Prime Minister Petr Fiala's visit to Indonesia focused on enhancing relations in key areas such as education, agriculture, and sustainable development.

Opportunities for Foreign Investors in the Philippines – Latest Issue of ASEAN Briefing Magazine


Download our latest magazine covering opportunities for foreign investors in the Philippines.

ASEAN to Increase Local Currency Trade, Reducing Reliance on the US Dollar


ASEAN members agreed to increase local currency transactions and promote better regional payment connectivity at the 42nd ASEAN Summit.

A Guide to Indonesia's Foreign Investment Trends and Key Infrastructure Projects: New Issue of Asia Investment Research Magazine


This latest issue of AIR focuses on Indonesia’s foreign investment trends and key investment projects.

ASEAN, Russia Commit to Strengthening Partnership


ASEAN and Russia have committed to strengthening their diplomatic relationship at the 19th ASEAN-Russia Senior Officials Meeting.

Tax & Accounting

A Guide to Withholding Taxes in Indonesia


Taxpayers in Indonesia are obligated to withhold taxes on certain payments to residents and non-residents.

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.

Legal & Regulatory

Changes to Customs Procedure for the Import of Digital Products to Indonesia


Indonesia has made changes to the customs procedure for the import of digital products into the country.

Merger Control Regime in Indonesia: Noteworthy Changes for Foreign Investors


Indonesia's new merger and acquisition rules mandate assets or sales in Indonesia for filings and reduce document checks to three business days.

Leveraging Singapore's Incentives and Schemes for Industry 4.0 Investments


We list the fiscal and non-fiscal incentives that Singapore offers to encourage the development of high-value and Industry 4.0 activities.

Indonesia's Positive Investment List: Sectors Open and Restricted to Foreign Businesses


Indonesia's Positive Investment List allows 100% foreign investment in over 200 business lines, with several incentives for priority sectors.

Philippines Allows 100% Foreign Investment In Public Services


The Philippines has issued the implementing rules for the Public Service Act which allows for 100 percent foreign ownership of public services.

How to Set Up a Company in Indonesia


In this article, we discuss the steps that would-be investors need to take to establish a company in Indonesia.


Adapting to Singapore's Escalating Rental Prices: Strategic Implications for Foreign Businesses


Despite soaring rental costs, Singapore continues to maintain its status as a favored destination for international corporations.

How to Obtain Tax Incentives for Investments in Indonesia’s Marine and Fisheries Sectors


Indonesia offers a variety of income tax incentives for investors that invest in its marine and fisheries industries. Here are the criteria.

Indonesia's Top Sectors to Watch for in 2023


Foreign investors should note the key sectors where growth is expected to rise in Indonesia for 2023, including downstream mining and infrastructure.

Singapore and the UK Deepen Cooperation on Fintech and Sustainable Finance


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

Industries to Watch Out for Growth in Southeast Asia in 2023


Despite the prevailing gloomy economic climate, ASEAN remains very attractive to foreign investment, and several industries look to prosper in 2023.

An Introduction to Special Economic Zones in Indonesia


Indonesia has made the development of its special economic zones a priority policy with the aim of attracting over US$50 billion in foreign investment over the next decade.

HR & Payroll

Company Practices to Follow When Terminating an Employee in Indonesia


We discuss Indonesia's Labor Law provisions on the termination of employment contracts and steps companies can take to minimize the risk of disputes due to unfair termination practices.

Malaysia’s Premium Visa Program Aimed at Attracting Wealthy Investors


Malaysia's Premium Visa Program offers up to 20 years of residence and investment opportunities, including being able to buy real estate.

New Requirements for Hiring a Foreign Employee in Malaysia


Employers must now seek prior approval from the country’s Director General of Labor.

Religious Holiday Allowances in Indonesia: Obligations for Businesses


With the upcoming Eid-al Fitr holiday in Indonesia, businesses must pay the religious holiday allowance, also known as Tunjangan Hari Raya (THR).

Indonesia's Public Holidays and Joint Leaves for 2023


ASEAN Briefing outlines Indonesia's public holidays for 2023. This is a comprehensive list of those holidays.

Philippines' Public Holidays for 2023


ASEAN Briefing outlines the Philippines' public holidays for 2023. This is a comprehensive list of those holidays.

Our firm Dezan Shira & Associates provides legal, tax and operational advisory across Asia.
Never miss an update
Back to top