APAC corporate secretarial newsletter 2023 vol.1

As businesses expand their operations into new countries, it brings a wealth of opportunities but also creates compliance risks. With its economies driving global growth, Asia Pacific (APAC) is an inviting region for multinational corporations seeking expansion. Each jurisdiction in the region has its own rules and regulations so getting compliance right is a challenge faced by businesses of all sizes. To minimize these challenges, our APAC corporate secretarial newsletter provides information on how to ensure compliance on an international scale and helps businesses gain comprehensive insights into the business landscape across APAC.

Keywords: Mazars, Vietnam, Corporate Secretarial, APAC

Key highlights:

Australia

Director Identification Numbers

China

Inspection service of individual income tax payment certificates for the registration of equity transfer

Hong Kong

New inspection regime to enhance privacy rights of directors and other officers under the Companies Ordinance

India

Appointment and Qualification of Directors
Removal of Names of Companies from the Register of Companies
NFRA Amendment Rules 2022
Companies (Incorporation) Third Amendment Rules 2022
Amendment of the Companies (CSR Policy) Rules, 2014 of the Companies Act, 2013
Companies (Acceptance of Deposits) Amendment Rules, 2022
Companies (Appointment and Qualification of Directors) Third Amendment Rules, 2022

Indonesia

Indonesia Omnibus Law

Japan

Electronic Book Preservation Law
Civil Code
Companies Act and Commercial Registration
Immigration
Use of technology and telecommunications
Overtime regulations
Invoice system

Malaysia

Revised Guidelines on Company Names

Philippines

Company Formation: Update on the concept of “Doing Business”
Revised Corporation Code
Modes of Entry
The Foreign Investments Act
The Retail Trade Law

Singapore

Changes to rules for foreigners aiming to work in Singapore from Ministry of Manpower (MOM)
New requirements to strengthen corporate governance regime and bring closer alignment with international standards

Taiwan