With average annual GDP growth of more than 6% over the past two decades, Vietnam is among the fastest-growing economies in the world. However, despite becoming a more open economy, import to Vietnam is still highly regulated by the government. In this article, we are going to explain some of the key elements you need […]

Philippines’ rapidly growing economy and regulatory changes attract foreign investors from all over the world. In February 2019, President Duterte signed the Republic Act No. 11232 that simplified the process of setting up a company in the Philippines significantly. In this guide, we will pinpoint the key changes as well as give an overview of the […]

Vietnam’s cosmetic industry is thriving. The country’s overall development and the rapidly growing number of middle-class Vietnamese have brought along an increasing demand for beauty and personal care products. Imported cosmetics grab the lion’s share of Vietnam’s cosmetic market. In this guide, we will explain the key things you need to know about importing and […]

Indonesia, the world’s largest archipelago, offers tremendous resources. However, it is often difficult for foreign investors to find or contact Indonesian suppliers. In this article, we will bring out the most common barriers foreign companies face when looking for suppliers in Indonesia and explain how to overcome these obstacles. We will also list the requirements […]

If you are planning to work in Indonesia or stay in Indonesia for longer than a few months, you need a limited stay permit (KITAS). This article will guide you through the different options for getting a KITAS in Indonesia as well as explain the process for obtaining a working KITAS. As a bonus, you […]

The three-month period following the Vietnamese Lunar New Year Tet up to April is the best time to hire employees in Vietnam. Recruiters in Vietnam call it “The Golden Period of Recruitment” as the local labor market will receive a fresh pool of job-seekers who are eager to look for a new job after they […]

Financial technology, or colloquially referred to as “fintech,” is one of the fastest-growing industries in Southeast Asia’s booming technology sector. Indonesia, Vietnam, and the Philippines are emerging players. In this article, you will see an overview of some of the top fintech companies in Southeast Asia, including their key shareholders and investors. You will also see […]

All companies registered in Indonesia must pay and report the applicable taxes as well as submit their annual financial statement in Indonesia. In this guide, you will find the essential requirements for submitting the annual financial statement in Indonesia for your tax return. What is the deadline for the financial statement in Indonesia? If your […]

In 2017, Joseph (43, Canada) and Hald (29, Denmark) were working as diving instructors in Singaraja, Northern Bali. Their tropical dream job got an abrupt end when the couple was arrested for violating their residence permits (KITAS) and were soon after deported from Indonesia. According to the local officials, the two expats had work permits […]

Construction business in Vietnam has seen vast growth over the past years. According to Trading Economics, Vietnam’s GDP from construction reached an all-time high of US$ 9.6 billion in the last quarter of 2018 and forecasts show a continuing uptrend. As Vietnam continues to relax its construction regulations, many foreign investors and overseas companies can […]