Are you exploring opportunities to expand your business into the thriving market of ASEAN? As the region undergoes significant economic shifts, understanding the intricacies of doing business is crucial. ETL GLOBAL Member Dezan Shira & Associates brings forth their latest study, “An Introduction to Doing Business in ASEAN 2024,” a guide for investors looking to capitalise on ASEAN’s growth, covering crucial aspects such as corporate establishment, tax and accounting, human resources and payroll, and audit and compliance.
Key Highlights:
Economic Impact: ASEAN economies are projected to grow collectively at 4.6 percent in 2024, driven by reforms to enhance the ease of doing business and attract foreign investments, especially in high-value manufacturing and digital technology.
Global Growth Drivers: Anticipated growth is attributed to increased demand from China and the gradual resurgence of consumption in the United States, fostering positive spillover effects in Southeast Asia.
ASEAN’s Economic Potential: With a population surpassing the EU and North America, ASEAN is on track to become the world’s fourth-largest economy by 2030, with domestic consumption projected to reach an impressive US$4 trillion.
Download “An Introduction to Doing Business in ASEAN 2024” now.
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