A Guide to Taxation in the Philippines - ASEAN Briefing
2024年7月16日 · The tax base of the 10 percent IAET is the taxable income of the current year plus income exempt from tax, income excluded from gross income, income subject to final tax, and the amount of net operating loss carry-over deducted.
A Guide to Taxation in Indonesia - ASEAN Briefing
2023年2月1日 · Indonesia’s parliament approved the Harmonized Tax Law (HTL) or Law No. 7/2021, which overhauls the country’s existing tax structure. Changes include an increase in the value-added tax (VAT) rate, a new carbon tax, scrapped plans to reduce the corporate income tax (CIT), and changes to the topline personal income tax (PIT) rate.
The Guide to Employment Permits for Foreign Workers in the …
2022年7月12日 · The SSS premium for employers and employees will differ depending on the employee’s monthly compensation bracket. The SSS was scheduled to increase the premium rate by one percent for 2021 in accordance with the Social Security Act of 2018, which was signed by the President in 2019.
ASEAN’s Free Trade Agreements: An Overview
It is important for foreign investors to understand ASEAN’s free trade agreements (FTAs) to capitalize on the bloc’s long-term potential. These FTAs offer numerous benefits such as tax holidays, improved custom clearances, and reduced import costs.
Import and Export Procedures in the Philippines – Best Practices
2017年6月23日 · As with importers, the CPRS accreditation must be renewed annually, costs P1000 and takes approximately 15 business days. For certain types of exporters, the Philippines requires additional registration.
The Philippines’ Relationship With ASEAN - ASEAN Briefing
2017年3月22日 · About Us. Bob Shead is Asia Briefings Philippines Correspondent and is based in Manila. He has 25 years experience as a diplomat in Asia. Asia Briefing is produced by Dezan Shira & Associates, a specialist foreign direct investment practice, providing corporate establishment, business advisory, tax advisory and compliance, accounting, payroll, due diligence and financial review services to ...
A Guide to Taxation in Malaysia - ASEAN Briefing
2023年1月10日 · The sales tax rate is levied on companies with taxable goods sales value exceeding 500,000 ringgit (US$114,000) in a 12-month period. The threshold for restaurants is 1.5 million ringgit (US$343,000).
The Guide to Thailand’s Import and Export Procedures - ASEAN …
2016年12月26日 · By Dezan Shira & Associates Editor: Harry Handley Since the implementation of the Foreign Business Act of 1999, foreign businesses set up in a range of industries in Thailand must have a Thai majority shareholder. One line of business that is exempt from this is import/export trading. This exemption, along with developed infrastructure and a solid legal framework, have made Thailand a hub for ...
Import and Export Procedures in Indonesia – Best Practices
2021年7月1日 · Under Government Regulation No. 29 of 2021 (Reg 29/2021), an implementing regulation of the Omnibus Law, the Ministry of Trade (MoT) is the authority that issues approvals, verifications, obligations, and licenses on import-export activities.
The Guide to Employment Permits for Foreign Workers in Indonesia
2024年5月22日 · For a local company to employ a foreign worker, they must prepare a Foreign Worker Utilization Plan (Rencana Penggunaan Tenaga Kerja Asing (RPTKA)) — a document that details the specific work, position, and length of employment the foreign employee will undertake in Indonesia.The RPTKA now also serves as the basis for …