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Q&A

What are the current sales and service tax rates in Malaysia?

What are the current sales and service tax rates in Malaysia?

In Malaysia, service tax is currently at 6% and is calculated based on the value of taxable services provided by the individual. However, on 1st April 2015 a 6% goods and services tax (GST) will replace the current sales and service tax.   

Q&A

How do China's tax treaties affect withholding tax payments for dividends, inter...

How do China's tax treaties affect withholding tax payments for dividends, inter...

If the tax rate written in the relevant treaty is higher than 10%, the tax will be fixed at 10%. If the rate specified in the treaty is lower than 10%, the amount of tax payable will be the amount specified.  

Q&A

How should employers deal with withholding tax in Vietnam?

How should employers deal with withholding tax in Vietnam?

Employers should keep the necessary amount of their employees income and give this to the State Treasury no later than the 20th day of the following month.  

magazine

The Asia Sourcing Guide 2015

The Asia Sourcing Guide 2015

In this issue of Asia Briefing, we explain how and why the Asian sourcing market is changing, compare wage overheads, and look at where certain types of products are being manufactured and exported. We discuss the impact of ASEAN’s Free Trade Ag...

infographic

Labor Costs in China Versus ASEAN

Labor Costs in China Versus ASEAN

Average worker salary of cities such as Guangzhou, Bangkok, Ho Chi Minh City, Jakarta, Kuala Lumpur and Manila have been taken into account.

infographic

Corporate Taxation in China Versus ASEAN

Corporate Taxation in China Versus ASEAN

This infographic is the comparison of Corporate Income Tax (CIT) of the more developed ASEAN economies such as Indonesia, Malaysia, Philippines, Thailand and Vietnam.

infographic

Industries Eligible for Foreign Investment Through the China-Hong Kong CEPA Agre...

Industries Eligible for Foreign Investment Through the China-Hong Kong CEPA Agre...

List of industries that are eligible for foreign investment through the CEPA agreement.

Q&A

What are some of the commonly encountered problems when hiring Vietnamese staff ...

What are some of the commonly encountered problems when hiring Vietnamese staff ...

The Vietnamese government is currently promoting English education but still many Vietnamese only have a basic level of English. They therefore encounter difficulties in conducting business negiotiations in the language. A lot of Vietnamese ha...

Q&A

How is overtime pay calculated in Vietnam?

How is overtime pay calculated in Vietnam?

Overtime is calculated based on the employee's current salary. For regular working days it is 150% of their salary, weekends 200% and paid leave days and holidays 300%.

Q&A

As a foreign worker in Vietnam, which kind of insurance do I need and how much i...

As a foreign worker in Vietnam, which kind of insurance do I need and how much i...

Foreign staff only need to pay for health insurance, whilst Vietnamese locals need to pay for social, unemployment and health insurance. The amount payable is based on the employee's salary as stated in the labour contract and is capped at 20 times t...

Q&A

Am I, as a foreign national, classified as a tax resident in Vietnam?

Am I, as a foreign national, classified as a tax resident in Vietnam?

 If you meet any of the following criteria, you are classified as a tax resident in Vietnam: You stay in Vietnam for over 183 days in one 12 month period You have permanent residence there You have a leased residence there (ie. hotel, hoste...

Q&A

How has China?s Free Trade Agreement with ASEAN changed global manufacturing tre...

How has China?s Free Trade Agreement with ASEAN changed global manufacturing tre...

Prior to 2007, much of the global chain moved to China to take advantage of its well-organized infrastructure, cheap labor, and ultra-low taxes. However, after the implementation of the Enterprise Income Tax Law of 2007, tax incentives in China were ...

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