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1.

INDIA: 4% Duty Exemption on Imported Inputs Extended on Multi-Industry Basis

11 Dec 2017

The 4% duty exemption on imported inputs, previously solely on offer to exporters of readymade garments (RMG) and made-ups, has now been extended to micro-businesses and SMEs, as well to all labour-in...Read More

2.

THAILAND: All E-Commerce Transactions Involving Overseas Retailers to be Subject to 7% VAT

7 Dec 2017

All e-commerce transactions in Thailand, including those made from overseas retailers, are set to be subject to 7% VAT....Read More

3.

VIETNAM: New Dawn Promised for Market-Driven Investment Planning

5 Dec 2017

A new market-driven investment planning environment, specifically designed to be more welcoming to overseas investors, is said to be the aim of Vietnam’s recently-adopted Law on Planning....Read More

4.

MYANMAR: Foreign Investors Allowed 35% Stake in Local Businesses Without Prior State Approval

4 Dec 2017

Foreign investors will be allowed to take up to a 35% stake in a Myanmar-registered business without prior government approval under the terms of the country’s new Companies Law....Read More

5.

VIETNAM: Ho Chi Minh City Granted Investment Autonomy by Central Government

30 Nov 2017

As of 1 January 2018, the local government in Ho Chi Minh City (HCMC) will be free to make most of the policy decisions relating to investment, land management and public spending without securing pri...Read More

6.

INDIA: Import Duty Exemption on Inputs Now Doubled for Exporters of Readymade Garments

30 Nov 2017

The scheme to entitle Indian exporters of readymade garments (RMG) and made-ups to duty exemption on imported inputs for up to 2% of the total value of their exports has now been raised to 4%....Read More

7.

PHILIPPINES: Overseas Investment Restrictions Set to be Eased in Regulatory Shake-up

28 Nov 2017

Expectations are high that a number of the current restrictions on overseas-sourced investment are set to be lifted. This speculation has been sparked by news that Rodrigo Duterte, the Philippine Pres...Read More

8.

THAILAND: Enhanced Incentives and Extended Deadlines on Offer to Priority Project Investors

28 Nov 2017

The deadline for applying for the tax incentives on offer to would-be investors in the Eastern Economic Corridor (EEC) has been extended until 30 December 2019....Read More

9.

CAMBODIA: Online Certificate of Origin Issuance System Piloted Prior to 2018 National Rollout

28 Nov 2017

Cambodia’s first online system for issuing Certificates of Origin (CO) is being piloted in the provinces of Battambang and Pailin, both located on the country’s border with Thailand....Read More

10.

MYANMAR: Temporary Moratorium Imposed on All New Timber-based Investment Projects

27 Nov 2017

A temporary moratorium has been imposed by the Myanmar Investment Commission (MIC) on all new investment projects in the country’s timber-based business sector. However, the MIC will continue to allow...Read More

11.

MALAYSIA: Enforced Hiatus Leaves High-Value Property Projects in Development Limbo

23 Nov 2017

A temporary moratorium has been imposed on all real estate projects with individual units valued at more than RM1 million (US$238,479). This enforced hiatus - and its unspecified duration - has left a...Read More

12.

MYANMAR: Ayeyarwady Manufacturing-Focussed Industrial Zone Set for 2020 Launch

22 Nov 2017

A new manufacturing-oriented Industrial Zone (IZ) is to be established in Ayeyarwady, one of Myanmar’s most populous regions and some 100km to the west of Yangon, the national capital....Read More

13.

SRI LANKA: New Limits Set for Foreign Currency-Funded Overseas Investments

22 Nov 2017

New annual limits have been set with regard to the permissible level of foreign currency-funded overseas investments, with the limit varying depending on the status of the would-be investor....Read More

14.

PHILIPPINES: 300 New SEZs Promised for 2018 Amid Concerns Over Official Delays

17 Nov 2017

Some 300 new Special Economic Zones (SEZs) are to be established during the course of 2018, according to the Philippine Economic Zone Authority (PEZA), including two large SEZs in the two provinces of...Read More

15.

LAOS: Overseas Investors Freed from Minimum Registered Capital Requirement

15 Nov 2017

Overseas investors are no longer required to have a minimum registered capital of Kip 1 billion (US$118,000) when looking to launch a new business in the majority of commercial sectors....Read More

16.

CAMBODIA: Mandatory Export Tax Set to be Phased Out in 2018

15 Nov 2017

The country’s export tax is set to be abolished in 2019, according to an early draft of the government’s 2018 budget proposals. Officially referred to as the Export Management Fee (EMF) and overseen b...Read More

17.

INDIA: New Wave of Incentives Target Maharashtra SEZ Investors

13 Nov 2017

Stamp duty and registration fee exemptions are now on offer to developers, promoters and businesses associated with any of the Special Economic Zones (SEZs) in Maharashtra, one of the states in the we...Read More

18.

LAOS: Investment Licences set to be Cancelled as Government Cracks Down on Systemic Abuse

10 Nov 2017

Investment projects that fail to comply with internationally-recognised technical standards may have their permits rescinded as part of a government crackdown on abuses of the country’s existing inves...Read More

19.

UAE: Locally-Registered Companies Set to be Opened Up to 100% Overseas Ownership

2 Nov 2017

As of early 2018, overseas investors are to be permitted to wholly own UAE-registered companies operating in certain sectors. At present, at least 51% of every UAE-registered business has to be owned ...Read More

20.

SAUDI ARABIA: Overseas Investors Granted Access to NOMU and Future IPOs

2 Nov 2017

Non-resident foreign investors are to be allowed to buy and sell shares listed on NOMU, the country’s secondary market. This move, which comes into effect as of 1 January 2018, is seen as offering suc...Read More

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