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21
June
2018

New Excise Tax Rates

Recently, the Tax Department of the Ministry of Finance in Lao PDR has issued a new regulation No. 0169/TD dated 11 January 2018 on...
Laos
Tax
Legal Alert
20
June
2018

Vietnam Issues New Decree on Compulsory Fire and Explosion Insurance

On 23 February 2018, the Vietnamese government issued Decree No. 23/2018/ND-CP (“Decree No. 23”) to replace Decree No. 130/2006/ND-CP and several articles of Decree No….

Vietnam
Compliance & Governance
Legal Alert
20
June
2018

Required License under the Payment Systems Act in Thailand

The Payment Systems Act B.E. 2560 (“PSA”) was published in the Thai Government Gazette in 2017 and came into effect on 16 April 2018….

Thailand
Communications, Media & Technology
Legal Alert
20
June
2018

Islamic Finance in Thailand: Prospects and Challenges

By Anaknong Chaiyasri, ZICO Law Thailand The key indicators of population and housing in Thailand from 1990-2010 (whole kingdom) reveal that in 2010, about…

Thailand
Islamic Finance
Article
19
June
2018

Labor Contracting and Subcontracting under Department Order No. 174-17 issued by the Department of Labor and Employment

On 4 April 2018, the Department of Labor and Employment of the Philippines (“DOLE”) ordered a Philippine multinational fast food chain, to regularize more…

Philippines
Employment & Human Capital Services
Legal Alert
19
June
2018

Status Quo Remains for REITs Despite Passage of the TRAIN and its Implementing Rules

Following the coming into force of the Tax Reform for Acceleration and Inclusion (“TRAIN”) Act on 1 January 2018, the Bureau of Internal Revenue…

Philippines
Real Estate
Legal Alert
19
June
2018

TRAIN Series Part 4: Amendments to Withholding Tax Regulations

As part of the series of issuances recently released by the Bureau of Internal Revenue (“BIR”) to implement the provisions of the Tax Reform…

Philippines
Tax
Legal Alert
19
June
2018

Key Amendments to the E-money Regulation

On 3 May 2018, the Bank of Indonesia (“BI”) issued a new regulation No. 20/6/PBI/2018 (“PBI 20/2018”) on electronic money or e-money, which repealed…

Indonesia
Communications, Media & Technology
Legal Alert
18
June
2018

Regulating Competition in Brunei Darussalam – Introducing the Competition Order

In the past, the only means of checking equity in pricing and competition in Brunei was the Price Control Act. However, as Brunei ventures…

Brunei
Competition and Anti-Trust
Legal Alert
18
June
2018

Cambodia issues Guidelines on Implementation of Double Taxation Agreement with Singapore and Thailand

Although the DTAs were signed some time ago, the relevant implementing regulations were only issued earlier this year.  On 2 February, the Ministry of…

Cambodia
Tax
Legal Alert
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Announcement

On 1 December 2022, KPMG and ZICO Law entered into an agreement under which a number of law firms and teams from the ZICO Law network have joined the KPMG network of firms.

The deal will see more than 275 lawyers join over 2,900 legal professionals in the KPMG global organization, creating a significant legal footprint across Asia. It will offer legal services and solutions, a globally connected legal services platform, and specialists who work with leading technology providers to modernize legal functions across organizations. The strategic combination increases the total number of legal professionals in the KPMG network to over 3,750 across 84 jurisdictions. You may read the press release here.

For more information and to see how we can assist you in your desired jurisdiction, please follow the links below: