Vietnam Legal & Tax Updates (as of October 2021)
If you are interested in investing in Vietnam or running an existing business in Vietnam, be sure to watch this highly informative video.
Thailand Tax & Transfer Pricing Updates (as of December 2021)
This session is a year in review as well as a discussion of potential tax planning strategies, which may prove beneficial given the past 12 months. In addition, our experts provide a transfer pricing update given that 2021 was the first effective year for the new transfer pricing legislation along with a discussion of managing …
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Cambodia: E-Commerce VAT Registration/Reverse Charge Implementation Date Extended
The General Department of Taxation (“GDT”) issued Notification no. 776 GDT on the 17th of January 2022 (“Notification 776”) which delays the implementation of Prakas 542 MEF.P on the Rules and Procedure for the Implementation of VAT on E-Commerce (“Prakas 542”) to 31 March 2022.
Thai Cabinet Passes New Draft Resolution Easing Restrictions on Cross-Border Transactions and Commercial Activities
On 23 November 2021 The Thai Cabinet passed a resolution permitting the amendment of Ministerial Regulation No. 13 (the “Regulation”) under the Exchange Control Act (1942) which relaxes a lot of the rules on cross-border transactions, online activities and e-commerce matters.
Thailand’s ETDA Set to Release Far Reaching Royal Decree on Digital Processing Processors Ensnaring Foreign Companies Supplying Thai Consumers
On 25 October 2021, the Thai Cabinet approved in principle the national Electronic Transactions Development Agency’s (“ETDA”) release of its Royal Decree on Supervision of Digital Platform Services Required to be Notified (“DPRD”) under the auspices of the Electronic Transactions Act B.E. 2544 (2001).
Mediation: A Star in the Making as a Dispute Resolution Method for Commercial Disputes (Focus on Thailand)
Mediation is a confidential, fast, flexible and cost-effective dispute resolution (“DR”) method based on the mutual consent of the involved parties. Companies, contractors, individuals, banks, real estate owners, governmental bodies; or any combination thereof may be parties to commercial mediation. Breaches of contract, business torts etc. can all be successfully submitted to and/or resolved through …