Mandatory e-Tax Invoicing and e-Receipts for SMEs
Details: Thailand’s Revenue Department mandates that SMEs adopt e-tax invoicing and e-receipts by 2025 to enhance tax compliance. Impact: SMEs
New Digital Reporting Requirements
Details: As of 2024, IRAS encourages businesses to adopt digital accounting systems that align with Singapore’s new digital reporting standards.
New Monthly Reporting Requirements
Details: The Internal Revenue Department (IRD) in Myanmar now requires monthly reporting for certain types of businesses to improve compliance