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How to Navigate Thailand’s New VAT Requirements for Sales of Digital Products and Services

FastSpring

In the below article, we’ll walk you through everything you need to know about Thailand’s new VAT requirements for sales of digital products and services. To track compliance with this new regime, Thailand’s Revenue Department is maintaining a public list of non-resident digital businesses that register for VAT.

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Ultimate Guide to Surcharges: What is a Surcharge and How Does It Work

Stax

Cost recovery, industry standards, regulatory compliance, and consumer sensitivity are key factors to consider when calculating surcharges. Companies, particularly those in the healthcare, transportation, and food industries, levy surcharges to meet these compliance standards. Regulatory Compliance. Minimum usage surcharge.

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Key Definitions in Subscription Billing: Demystifying the Jargon

Blulogix

It provides stability and long-term sustainability by reducing reliance on one-time sales. Importance: Proper revenue recognition ensures compliance with accounting standards and reflects the true financial health of a subscription-based business. It represents predictable income that continues over time.

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Enterprise Software in SaaS: How They Are Categorized / Sized in the Americas, EMEA and APAC?

SmartKarrot

Customer Relationship Management (CRM) – CRM solutions help companies manage customer interactions and automate tasks such as lead generation or sales forecasting. Popular examples include Salesforce, Microsoft Dynamics 365, and Oracle Sales Cloud Salesforce Classic. Security and compliance.

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What is the Malaysia Sales and Service Tax (SST)? Answer: Single-Stage Taxes Levied on Taxable Goods and Services

FastSpring

In Malaysia, Sales and Service Tax (SST) is a consumption tax imposed on a wide range of goods and services. It consists of two parts: Sales tax: A 10% tax charged on all taxable goods manufactured in and imported into Malaysia Service tax: A 6% tax charged on any taxable services provided in Malaysia by a registered business.

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Best Work Order Software

Neil Patel

Examples include equipment dealers, medical device manufacturing, telecommunications, construction, energy, mining, high-tech manufacturing, industrial equipment manufacturing, and more. It is trusted for a wide range of use cases, including asset management, inspections, preventative maintenance, inventory management, and compliance.

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What is the Malaysia Sales and Service Tax (SST)? Answer: Single-Stage Taxes Levied on Taxable Goods and Services

FastSpring

In Malaysia, Sales and Service Tax (SST) is a consumption tax imposed on a wide range of goods and services. It consists of two parts: Sales tax: A 10% tax charged on all taxable goods manufactured in and imported into Malaysia Service tax: A 6% tax charged on any taxable services provided in Malaysia by a registered business.