Thailand is rolling out a new EV tax structure linked to local manufacturing
Thailand's National Electric Vehicle Policy Committee approved a new EV tax structure linking taxes to automakers' local value creation.
ASEAN Briefing features business news, regulatory updates and extensive data on ASEAN free trade, double tax agreements and foreign direct investment laws in the region. Covering all ASEAN members (Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam)
Thailand's National Electric Vehicle Policy Committee approved a new EV tax structure linking taxes to automakers' local value creation.
Foreign investors in Indonesia need sector-specific approvals based on activities, risk levels, and regulations; licenses and certifications vary.
Location affects registration, incentives, tax holidays, and benefits for investments under different Philippine economic zones and authorities.
A virtual CFO helps foreign companies in Singapore analyze finances, performance, and variances without full-time employment.
Foreign investors often start with one PT PMA; expansion depends on legal, regulatory, and strategic considerations over time.
Foreign investors register companies in Thailand through structuring, licensing, and compliance, based on activities and ownership restrictions.
Indonesia is rapidly expanding renewable energy investments to meet demand, enhance energy security, and achieve decarbonization goals.
Singapore requires at least one resident director, using nominee arrangements during initial setup, with legal liabilities remaining for nominees.