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15
June
2020

New Business Licensing Provisions through the OSS System

Effective on 1 April 2020 and pursuant to the Indonesian Investment Coordinating Board (Badan Koordinasi Penanaman Modal or “BKPM”) Regulation No. 1 of 2020…

Indonesia
Article
13
June
2020

Corporate Rescues and COVID-19: Tackling Economic Distress and Emerging Stronger

“Liberty never had to file bankruptcy…but we did go through tough times and painful debt restructuring in the 1990s.” – Jerry Falwell Jnr.- President,…

Malaysia
Article
12
June
2020

New Submission Procedures for Annual Company Financial Reports

The Minister of Trade (“MoT”) has issued a new regulation, namely MoT Regulation No. 25 of 2020 on Annual Company Financial Report (“Reg 25/2020”)…

Indonesia
Article
12
June
2020

New Importation Procedures for Prioritised Goods

Presidential Regulation Number 58 of 2020 on the Arrangement and Simplification of Import Licensing (“PR 58/2020”) was issued to simplify import licensing procedures for…

Indonesia
Article
12
June
2020

New License Requirement in Lao Payment Services Sector

Introduction Businesses are adapting to survive in this ongoing global health crisis by employing among others, online business models. This growth of digital economy…

Laos
COVID-19, Fintech
Article
12
June
2020

Myanmar’s New Insolvency Law 2020 – Part 1: Corporate Rescue and Rehabilitation

On 14 February 2020, Myanmar’s Parliament (Pyidaungsu Hluttaw) enacted the new Insolvency Law (“the Law”)[1]  which came into force on 25 March 2020 except…

Myanmar
Insolvency
Article
12
June
2020

Guidelines for Employers on COVID-19

Following the ongoing COVID-19 situation, the government has issued several guidelines and aids to assist both employers and employees in this trying time. Now…

Thailand
Article
12
June
2020

Considerations when Exiting the Cambodian Market

In an emerging market such as Cambodia, the process of exiting the market, such as dissolving a subsidiary and company deregistration, can be difficult…

Cambodia
Article
12
June
2020

Highlights of Decree 91/2019 on Administrative Sanctions Relating to Land

On 19 November 2019, the Government of Vietnam promulgated Decree No.91/2019/ND-CP on Administrative Sanctions Relating to Land (“Decree 91”). Decree 91 shall replace the…

Vietnam
Article
12
June
2020

Highlights of Decree 25/2020/ND-CP on the Implementation of the Law on Tendering

On 28 February 2020, the Government of Vietnam promulgated Decree 25/2020/ND-CP providing detailed regulations for implementation of the law on tendering regarding selection of…

Vietnam
Article
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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: