Myanmar has eased restrictions on foreign investment significantly over the past years, making the market more accessible to foreign investors. In this article, we will give you an overview of the types of legal entities available to you as well as walk you through the process of company registration in Myanmar. General requirements for setting up […]
How to Terminate an Employee in the Philippines
The termination of an employment contract, initiated either by you or your employee, is a complicated part of managing employees in the Philippines. The Philippines’ Labor Code is more beneficial for the employees, and as it is not as a simple process as in many other countries, costly disputes are easy to arise. In this […]
Employing Foreign Workers in Vietnam
Most foreign companies registered in Vietnam also want to hire foreign nationals. In this article, we will answer the most frequently asked questions about employing foreign workers in Vietnam and explain how to find the best candidates for you. Which positions can foreign workers hold in Vietnam? There are no regulations that specify the ratio […]
Applying for the Reduced Income Tax Rate in Indonesia
In July 2018, Indonesia lowered the income tax rate for small and medium-sized businesses (SMEs). The Ministry of Finance issued a regulation which also sets the application deadlines for the reduced income tax rate in Indonesia. In this article, we will answer the most frequently asked questions about the changes affecting the income tax rate […]
How to Set Up a Joint Venture in Vietnam
In this article, you will find the requirements and the process of forming a joint venture in Vietnam. You will also learn what business lines require a local partner and how to protect your investment when entering into a joint venture. Why form a joint venture in Vietnam? A joint venture (JV) is a business […]
Why You Need to Apply for an Exit Permit Only/EPO in Indonesia
If you are a foreigner holding a temporary stay permit (KITAS) in Indonesia, keep in mind that you must apply for an Exit Permit Only (EPO) if you change jobs, leave Indonesia or shift from one form of KITAS to another. Not doing so can lead to complications such as refusal to allow you to […]
Business Etiquette in Bangladesh: What You Need to Know
Bangladesh, one of the most promising emerging markets in the world, unlocks numerous business opportunities to foreign investors. But how to close a business deal in Bangladesh successfully? If you want to do business here, you first have to be aware of Bangladesh’s rich business culture. In this article, we will explain the foundations of […]
Complete Guide to Company Registration in Vietnam
Vietnam, the third largest market in Southeast Asia, provides countless opportunities to foreign investors. What are the fundamental things you need to know about company registration in Vietnam? In this article, we are going to walk you through the process of setting up a business in Vietnam. Overview of legal entities in Vietnam Watch Kadri Lahi, […]
Payroll in the Philippines: Wages and Related Benefits
After incorporating a company, it is essential to know how to calculate your employees’ salaries and benefits correctly. In this article, we are going to take a closer look at the wage system and payroll in the Philippines. Minimum wages in the Philippines In the Philippines, the minimum wage rates differ for every region, province, […]
Mergers and Acquisitions in Vietnam
Mergers and acquisitions (M&A) are a crucial part of the business world. Regardless of what country you are conducting business in, you will want to know the rules and regulations surrounding any transaction. This article will explain the need-to-know facts about mergers and acquisitions in Vietnam. Acquisitions in Vietnam Within the realm of acquisitions in […]
