Trade War Incentive Schemes in ASEAN

Topic: 

The US-China trade war.

Description: 

"ASEAN members have issued a variety of incentives to attract investors affected by the US-China trade war. These incentives come in the form of tax breaks as well as initiatives to improve the investment climate. Investors should seek the help of registered advisors to better understand which incentives are beneficial for their business. Governments across ASEAN have been unveiling an array of incentive packages to entice businesses affected by the US-China trade war. Countries such as Thailand, the Philippines, Malaysia, and Indonesia have introduced tax breaks and initiatives to improve the ease of doing business whereas Vietnam, Singapore, and Cambodia have accelerated business reforms, such as executing free trade agreements (FTAs), and double taxation agreements (DTAs). We consolidate and briefly discusses the development of each country’s incentives over the past year. The developments showcase how ASEAN members are distinguishing themselves from the fellow competition and what opportunities are available for investors looking elsewhere in Asia..."

Creator/author: 

Michael Malvenda

Source/publisher: 

"ASEAN Briefing"

Date of Publication: 

2019-11-21

Date of entry: 

2019-11-22

Grouping: 

  • Individual Documents

Category: 

Countries: 

Myanmar, ASEAN, USA

Language: 

English

Resource Type: 

text

Text quality: 

    • Good