Innovate, Elevate, Accelerate
Taxes in Indonesia are comparable to other ASEAN countries and attractive to the rest of the world. With low corporate income tax and VAT, a low but progressive personal income, Indonesian taxes are business-friendly. Some tax incentives also exist to push the growth of certain key industries for the nation.
Compared to many countries, Malaysia is rather tax-friendly, with a progressive but low income tax, a low corporate income tax and low equivalent to VAT which make it attractive for work and business. Several incentives are also in place to help further companies in certain key industries.
The tax regime of Brunei is generally considered to be very accommodating compared to many other countries: corporate taxes rates are rather low, and no valued added or personal income tax are levied. Some special regimes are however applied in particular cases and industries, such as the oil and gas sector.
Aggregated in Malaysia’s FBM KLCI index – the main stock index of Malaysia -, the 30 largest public listed companies individually and collectively influence heavily the economy of Malaysia, Southeast Asia, and the world. This handy list presents these economic giants and their activities, together with useful links.
Myanmar is the new frontier for business in Southeast Asia. A large and populated country just opening its doors to foreign companies and investors, Myanmar is rich with opportunities in many sectors. However, Myanmar also presents several technical and legal challenges to be managed and overcome by new comers.
Recognizing the achievements of ASEAN since its foundation on 8 August 1967, the 10 members of ASEAN have entered into the new common legal framework of the “ASEAN Charter” on 15 December 2008.