By joining the Inclusive Framework on Base Erosion and Profit Shifting on 2 June 2017, Thailand committed itself to the implementation of the BEPS minimum standards.

This newsletter will assist new foreign investors to weigh the opportunities and the risks of investing in Vietnam.

This newsletter provides a basic introduction to the key investment formats open to those wishing to invest in Vietnam.

A Representative Office is an interesting opportunity for undertaking business in Thailand.

One of the major issues for all foreigners setting up business in Vietnam have to face is the topic of Vietnamese work permit.

A representative office is a viable alternative for businesses wishing to operate in Vietnam.

Hong Kong has now signed 22 DTAs and dividend withholding tax rates are generally better than Singapore or Germany.

It is essential for foreign investors to understand both the risks and the opportunities of investing in Vietnam.

Foreign investors in Vietnam should understand the different foreign loans, conditions and administrative procedures.

In Hong Kong, personal income tax is known as "salaries tax", regulated by law in the "Inland Revenue Ordinance" (IRO). Salaries Tax is only levied on the annual income of an individual derived from employment.

In the underlying scenario, we assume that the father of our client (hereinafter "The CLIENT") died several years ago. The deceased set up a Hong Kong COMPANY with another person from Germany (hereinafter "The DEFENDANT"), and The DEFENDANT is acting as the director of the company. The name of the COMPANY shall be "Hong Kong Co. Ltd." (hereinafter "The COMPANY"), and the deceased is still registered as shareholder of The COMPANY.

In a majority of international transactions it is advantageous for parties to agree on a choice of law which is applicable for the interpretation of the contract and especially in case of a dispute. If parties, especially if they are of different nationality, do not include a choice of law in the contract they a subject to the respective national conflict of law rules. This might even lead to a situation where the contract is viewed under the laws of different nations depending on where proceedi

To conduct business in Thailand, foreigners must have a Foreign Business Operating License issued by Thai authorities.