APAC corporate secretarial newsletter 2023 vol.1

6 January 2023 

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
  • Amendments to Provisions of the Regulations Governing Taxation Registration related to Companies
• Thailand
  • Changing company information through the DBD e-filing system
  • Amendments to provisions of the Civil and Commercial Code related to limited companies