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MYANMAR: Business Registration Fee Cut by 50% and Set to Go Online

20 March 2018

As of 1 April 2018, the fee for the registration of small and medium-sized enterprises (SMEs) in Myanmar will be cut from Kyat 500,000 (US$371) to Kyat 250,000....Read More


VIETNAM: Construction Permit Approval Time Cut from 166 Days to 120

20 March 2018

The maximum time for construction permit approval is cut from 166 days to 120 with immediate effect. The move is in line with recent calls from the prime minister to streamline the approval process....Read More


INDONESIA: Corporate Income Tax Rate Cut from 1% to 0.5% for SMEs

14 March 2018

The annual preferential corporate income tax (CIT) rate for small and medium enterprises (SMEs) in Indonesia has been cut from 1% to 0.5%....Read More


CAMBODIA: Halal Certification Launched for Exported Food Products

13 March 2018

Cambodia’s first ever halal certification and label is now on offer for producers and exporters of foodstuffs as well as for restaurant businesses....Read More


MYANMAR: Gems and Precious Stones Now Subject to Export Licences

7 March 2018

An export licence is now required for a list of 3,345 products before they could be exported from Myanmar....Read More


VIETNAM: One-Stop Cargo Clearance System Set for September Rollout

6 March 2018

Plans are in place to extend the use of an automated cargo clearance system to all of the ports and airports in 11 of the country’s major cities and provinces by September 2018....Read More


INDONESIA: Sales Tax and Import Duty Set to be Cut for Electric Vehicles

5 March 2018

A 40% luxury goods tax that is currently imposed on the sale of electric vehicles (EVs) in Indonesia is set to be abolished....Read More


LAOS: Vientiane Businesses Set to Lose Licences if Back Taxes Not Cleared by 30 April

2 March 2018

Businesses based in Vientiane, the national capital, have until 30 April to pay any overdue taxes, with those that fail to meet this deadline likely to have their business licences revoked....Read More


PHILIPPINES: 100% FDI Set to be Permitted in Construction Sector

27 Feb 2018

Foreign direct investment (FDI) of up to 100% is set to be permitted in the country's construction sector for the first time. The change will be facilitated by an amendment to the Foreign Investment N...Read More


SINGAPORE: Imported Digital Content and Online Services Set to be Taxed

27 Feb 2018

A wide range of imported digital content and online services are set to be taxed from 1 January 2020. This will see the country’s GST applied to all overseas-sourced digital services, including market...Read More


MYANMAR: Overseas Banks Get Go-Ahead to Lend to Domestic Exporters

26 Feb 2018

For the first time, foreign banks will be permitted to extend credit to the country’s export-oriented businesses....Read More


CAMBODIA: 1 April Electricity Charge Cut Set to Benefit Business and Residential Users

26 Feb 2018

Electricity charges for both commercial and residential users are set to be cut from 1 April this year across many of the country’s cities and provinces....Read More


INDONESIA: First Details of Revised FDI Incentive Regime Emerge

23 Feb 2018

The first details of the planned overhaul of the country’s FDI-related incentive schemes have emerged, with news that the number of business sectors eligible for tax allowances (including corporate in...Read More


CAMBODIA: Mandatory On-Site Inspections Introduced for Employers of Overseas Staff

22 Feb 2018

All businesses employing overseas workers are to be subject to on-site inspections by officials from the Ministry of Labour and the Ministry of the Interior. As part of these mandatory inspections, em...Read More


MYANMAR: Withholding Tax Set to be Abolished from 1 April 2018

15 Feb 2018

All forms of withholding tax in Myanmar are set to be abolished from 1 April 2018. At present, tax is required to be withheld at the rate of 15% for all royalty and interest payable to non-residents....Read More


VIETNAM: Self-Certification Introduced for Quality and Origin of Food Imports

14 Feb 2018

Businesses are to be permitted to self-certify the country of origin and quality of imported food items, while confirming that they comply with Vietnam’s food safety requirements. While these new regu...Read More


MYANMAR: Online Customs Clearance System Begins National Rollout

13 Feb 2018

Just over a year after it first went into use in Yangon, Myanmar’s online customs clearance system is to be extended to Myawaddy, a southwestern town bordering Thailand....Read More


CAMBODIA: Tax Registration of FDI-backed Businesses Now Also Possible Via Investment Agency

12 Feb 2018

FDI-backed businesses now have the added option of tax registration at a dedicated service desk set up at the Phnom Penh headquarters of the Council for the Development of Cambodia (CDC), the Cambodia...Read More


LAOS: Import of Satellite Receivers Temporarily Banned

9 Feb 2018

The Laotian government has announced a ban of importing satellite receivers. Affected businesses should inform the Ministry of Information, Culture and Tourism (MICT) if they consider such devices are...Read More


VIETNAM: Tighter Regime Introduced for Food Additives

8 Feb 2018

Any food products using additives not pre-approved by the Health Ministry are now barred from being manufactured or distributed in Vietnam, as well as from being imported. The move is intended to brin...Read More

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