Our collection of resources based on what we have learned on the ground

Resources

Q&A

What is the Philippines? e-commerce potential?

What is the Philippines? e-commerce potential?

The Philippines stands out in comparison with other ASEAN countries because of its large number of internet users. With an estimated 35 million users, it is the largest English-language online market in Southeast Asia. Due to this, foreign online ret...

Q&A

What are the projected e-commerce trends for Vietnam in 2015?

What are the projected e-commerce trends for Vietnam in 2015?

According to Vietnam's E-commerce and Information Technology Agency (VECITA), by 2015 the e-commerce sales in the country will amount to more than US$25 billion. Current sales are estimated at around US$2.2 billion (2014), with average spending of US...

Q&A

What is Vietnam?s E-commerce Administration Portal and how does it aid businesse...

What is Vietnam?s E-commerce Administration Portal and how does it aid businesse...

Companies and investors that wish to establish an e-commerce website in Vietnam must first notify the Ministry of Industry and Trade of their intent, and apply to be registered with the government. Vietnam has created the E-commerce Administration Po...

Q&A

What effect has the ASEAN- China Free Trade area had on China and ASEAN as a who...

What effect has the ASEAN- China Free Trade area had on China and ASEAN as a who...

The ASEAN–China Free Trade Area is the world’s largest free trade area in terms of population and third largest in terms of nominal GDP after the European Union and NAFTA. The original FTA reduced tariffs on nearly 8,000 product categorie...

Q&A

How is corporate income tax (CIT) calculated in Asia?

How is corporate income tax (CIT) calculated in Asia?

Corporate Income Tax (CIT) is levied on the profits of a company. The rate varies considerably for different countries - it can be anywhere between 17 and 40% and is determined by various different factors including the priorities of the government, ...

Q&A

How does indirect tax differ from corporate income and individual income tax in ...

How does indirect tax differ from corporate income and individual income tax in ...

Indirect tax adds to the price of a product which makes the consumer indirectly pay the rate of taxation. For corporate and individual income tax, a business or individual has to pay the necessary amount directly to the government. Also, the indirec...

Q&A

What is withholding tax and how is it paid in Asia?

What is withholding tax and how is it paid in Asia?

Withholding tax is kept back from an employee's salary and is subsequently paid to the government to combat tax evasion. It is divided into royalties, dividends and interest in Asia, however the amount varies depending on the country.  

Q&A

How is individual income tax (IIT) calculated in Asia?

How is individual income tax (IIT) calculated in Asia?

In Asian countries individuals are taxed according their salary. Therefore those with a higher salary will have to pay higher taxes. However, rates vary in different Asian countries and could be anywhere between 17 and 45%. Exceptions of this are Br...

Q&A

What are the current sales and service tax rates in Malaysia?

What are the current sales and service tax rates in Malaysia?

In Malaysia, service tax is currently at 6% and is calculated based on the value of taxable services provided by the individual. However, on 1st April 2015 a 6% goods and services tax (GST) will replace the current sales and service tax.   

Q&A

How do China's tax treaties affect withholding tax payments for dividends, inter...

How do China's tax treaties affect withholding tax payments for dividends, inter...

If the tax rate written in the relevant treaty is higher than 10%, the tax will be fixed at 10%. If the rate specified in the treaty is lower than 10%, the amount of tax payable will be the amount specified.  

Q&A

How does a value-added tax differ from a sales tax?

How does a value-added tax differ from a sales tax?

A value- added tax (VAT) occurs multiply times throughout a product’s or service’s supply chain. Unlike a sales tax which is imposed on the end buyer, whenever goods or supplies change hands a tax is placed on the value added by each part...

Q&A

Che cosa è L?ASEAN?

Che cosa è L?ASEAN?

L’ASEAN, Associazione delle Nazioni del Sud-est Asiatico, è stata fondata nel 1967 e riunisce dieci paesi asiatici in un blocco di scambio economico. Ne fanno parte Brunei, Cambogia, Indonesia, Laos, Malesia, Filippine, Birmania, Sing...

Filter By

Topic

Country

Type of resource

Language

Enquire for more information about our services, and how we can help solve challenges for your organization

Contact Us
The code is case-sensitive