Innovate, Elevate, Accelerate
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.
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.
Implemented on 31 December 2015, the ASEAN Economic Community proposes to consolidate the economic integration of the region. This review summarizes the state of the ASEAN integration, how it will benefit the private sector to do business in the region and the progress of each country towards this ambitious goal.
Foreign businesses and professionals in Southeast Asia can often get help from their country’s Chamber of Commerce. Here is a complete table of links to the websites of all the major Chambers of Commerce and Industry and business associations from major partner countries in each of the ten ASEAN countries.