Companies in the Philippines can hire foreign nationals, but the proposed role may be subject to nationality or professional restrictions, an Alien Employment Permit (AEP), and immigration ...

Annual financial statements show a Philippine company’s financial position and performance for the year under the accounting rules that apply to it. What makes up a complete set of financial ...

Indonesia's individual income tax regime is anchored in two foundational laws. Law No. 7 of 1983 on Income Tax (as most recently amended by Law No. 7 of 2021 on Harmonization of Tax Regulations, or ...

ASEAN overtook the EU as China’s largest trading partner in the first quarter of 2020. This has been attributed to the extended lockdown measures within the EU and that the bloc will regain its ...

Indonesia is actively working to establish a notable presence within the electric vehicle (EV) industry, with a goal of reaching 2.5 million electric vehicle users by 2025. Yet, the market data ...

Corporate income tax becomes operative once a foreign-invested entity begins commercial activity in Vietnam. Liability does not depend on profitability or scale. From that point forward, taxable ...

Indonesia has introduced a de-dollarization task force to help promote the use of its Rupiah in bilateral transactions and diversify its risk from the greenback. Indonesia and its central (Bank ...

Timor-Leste stands at a pivotal moment in its national development, where digital transformation has the potential to leapfrog traditional growth barriers. While historically dependent on oil revenues ...

Join us for a recap of Indonesia’s economic performance in 2023, key industry trends in 2024, implications of the 2024 general election results for businesses and updates, and Indonesia’s new capital ...

Malaysia welcomes foreign ownership across most sectors and offers a reliable legal infrastructure within ASEAN. Yet the legal wrapper you choose determines tax exposure, licensing obligations, ...

Having ratified the RCEP agreement in February, we discuss prospects in key growth sectors in the Philippines – agriculture, BPO, and electronics. The Philippines Senate officially ratified the ...

Indonesia has significantly tightened its corporate ownership disclosure regime with the issuance of Minister of Law and Human Rights Regulation No. 2 of 2025. The regulation requires legal entities ...