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Asean Business

by Asean
Philippines Construction
Philippines Construction
Construction Permission Obtain a Geotechnical study / Soil test Agency: Private firms BuildCo will request a soil boring test for the structural calculations for the foundation. While the soil test is not required by law, it is
by Asean
Philippines Immigration
Philippines Immigration
VISA TYPES Temporary Visitor’s Visa for Business Purposes - 9 (a) Temporary Visitor’s Visas are available to individuals coming to the Philippines for business, pleasure or health reasons. The processing time of this Visas
by Asean
Myanmar Property
Myanmar Property
Property Registration Request and obtain a land clearance certificate and map at the Yangon City Development Council (YCDC) Land Administration Department Agency: Yangon City Development Council (YCDC) City Planning and Land
by Asean
Myanmar Construction
Myanmar Construction
Construction Permission Obtain Soil Investigation Report Agency: Private Engineering Company BuildCo needs to obtain a soil investigation report prior to submitting application for building permit. The report can be obtained from
by Asean
Indonesia Immigration
Indonesia Immigration
VISA TYPES Work Permit (IMTA): This is available to expert foreign workers who have knowledge that no Indonesian national is able to contribute to the job. Processing times fluctuate dramatically due to the inconsistency of regulations
by Asean
Indonesia Construction
Indonesia Construction
Construction Permission Request and obtain notarized copy of land ownership certificate Agency: Notary BuildCo must notarize a copy of the land ownership certificate before applying for the building permit. Time and cost
by Asean
Indonesia Employment
Indonesia Employment
Employment Regulations Law No. 13 on Manpower of 2003 (the Labour Law) creates the legal framework for employment in Indonesia, and applies to both local Indonesians and foreigners employed in Indonesia. It is not possible do contract
by Asean
Indonesia Property
Indonesia Property
Property Registration Land certificate examination at the Land Office Agency: Land Office A land certificate examination is carried out by a Land Deed Official. If the land book concerned is available at the Land Office, it usually
by Asean
Indonesia Taxation
Indonesia Taxation
Tax Figures Corporate Income Tax The flat rate is 25%. Income Tax Rate 0 - 50,000,000: 5%50,000,001 - 250,000,000: 15%250,000,001 - 500,000,000: 25%> 500,000,000: 30% Payroll Tax N/A Sales Tax VAT is taxed at 10%
by Asean
Malaysia Taxation
Malaysia Taxation
Tax Figures Corporate Income Tax The standard corporate tax rate is 25%. For companies capitalized at less than MYR 2.5 million the corporate tax rate is 20% on the first MYR 500,000, then subsequently 25%. For petroleum, oil
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