Limitations on Market Access Limitations on National Treatment. Additional Commitments 3) In the case of the supply of services through commercial presence, only juridical persons of another Party owned and controlled by persons of any Party may benefit from Thailand’s commitments. Unless otherwise specified at the sector- specific level, commercial presence in sectors or sub-sectors in this schedule is permitted only through a limited liability company which is registered in Thailand and which meets the following conditions: (a) Foreign equity participation must not exceed 49 per cent of the registered capital; and (b) The number of foreign shareholders must be less than half of the total number of shareholders of the company concerned. 3) In the case of the supply of services through commercial presence, only juridical persons of another Party owned and controlled by persons of any Party may benefit from Thailand’s commitments. Unless otherwise specified at the sector- specific level, for commercial entity incorporated pursuant to Thailand’s laws and regulations with foreign equity participation not exceeding 49 percent of the registered capital : None Others : Unbound
Limitations on Market Access Limitations on National Treatment. Additional Commitments a foreign enterprise which has established a commercial presence in the territory of Viet Nam, temporarily moving as intra- corporate transferees to that commercial presence and who have been previously employed by the foreign enterprise for at least one year, shall be granted entry and a stay permit for an initial period of three years which may be extended subject to the term of operation of those entities in Viet Nam. At least 20% of the total number of managers, executives and specialists shall be Vietnamese nationals. However, a minimum of 3 non-Vietnamese managers, executives and specialists shall be permitted per enterprise. Managers and executives are those who primarily direct the management of the foreign enterprises which have established commercial presence in Viet Nam, receiving only general supervision or direction from the board of directors or stockholders of the business or their equivalent, including directing the establishment or a department or subdivision of the establishment, supervising and controlling the work of other supervisory, professional or managerial employees, having the authority personally to hire and fire
Limitations on Market Access Limitations on National Treatment. Additional Commitments retail services (beyond the first one) shall be allowed on the basis of an Economic Needs Test (ENT)24. (4) Unbound, except as indicated in the horizontal section. (4) Unbound, except as indicated in the horizontal section.
Limitations on Market Access Limitations on National Treatment. Additional Commitments (1) the natural persons are invited or employed by education institutions duly established and registered in Thailand; (2) the natural persons possess qualification and experiences set by such institutions as well as meeting other criteria that may be set by Ministry of Education, where applicable The initial temporary stay shall be one year or the duration of employment period, whichever is shorter, with possibility of extension. Others : As indicated in the horizontal section
Limitations on Market Access Limitations on National Treatment. Additional Commitments - In order to practice as an authorised auditor, he must have at least 5 years auditing experiences. 3) Audit firm may be set up only as a sole proprietorship or partnership but has to be registered with the Registrar of Business Names. - Maximum number of partners in an audit firms is twenty. - A partnership may consist of only individuals, local companies and/or branches of foreign companies. - Principal or only place of residence within Brunei Darussalam. 4) Unbound except as indicated under horizontal measures. 3) Must prove commitment to recruit and develop more local human resources. 4) Unbound except as indicated under horizontal measures.
Limitations on Market Access Limitations on National Treatment. Additional Commitments - In order to practice as an authorised auditor, he must have at least 5 years auditing experiences. 2) Foreign-based auditors are allowed to audit local accounts provided they are authorised by the Ministry of Finance. 2) In order to apply to be an authorised auditor, a person must have as minimum qualifications. A. For accounts kept in English: 1. Associate membership of one of the following bodies: (a) The institute of Chartered Accountants (of Australia, Canada, England and Wales, Ireland, New Zealand and Scotland). (b) The Association of Certified Accountants. (c) The Australian Society of Accountants (d) The New Zealand Society of Accountants B. For accounts kept in languages other than English. (a) Associate membership of one of the bodies set out in A(a) above; and (b) Evidence of competency in the language concerned.
Limitations on Market Access Limitations on National Treatment. Additional Commitments The number of joint ventures by foreign shipping companies will be limited to 5 companies upon WTO accession. 29 Three additional companies will be allowed every two years thereafter. After 5 years from the date of WTO accession, no limitation on the number of joint ventures. (4) Unbound, except as indicated in the horizontal section. (4) Unbound, except as indicated in the horizontal section.
Limitations on Market Access Limitations on National Treatment. Additional Commitments For non-banks, one (1) senior manager and one specialist or expert. For representative offices, three (3) foreign nationals subject to only one (1) foreign national for the two (2) top posts and the other two (2) for managerial level posts. Entry shall be limited to a maximum period of five years. For non-banks, unbound except as indicated in the all-sector horizontal section. Operational headquarters (OHQ) for financial sector (Provides services to commercial and investment banking institutions in activities relating to work carried out in Malaysia for its offices and related companies outside Malaysia, pertaining to general management and administration, business planning, technical support, marketing control and sales promotion planning, training and personnel management, provision of treasury and fund management services and research and 1), 2) Unbound∗ 3) Only through a locally incorporated wholly foreign- owned company. A foreign-owned company, a regional office of a foreign- owned company which transfers its OHQ services to Malaysia, a regional office of a foreign- owned company established in Malaysia, and a foreign- owned company which is already incorporated in Malaysia, may seek to qualify as an OHQ. An OHQ must operate in Malaysia and fulfil the following criteria: 1), 2) Unbound* 3) None ∗ Due to lack of technical feasibility. Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments
Limitations on Market Access Limitations on National Treatment. Myanmar All Sectors; Except for Hong Kong, China which does not have nationals, for a services supplier of another Party who is natural person of that Party but is not national of that Party in mode 1,2,3,4: unbound All Sectors 3) (a) Commercial presence of foreign service suppliers and/or providers are permitted in accordance with Myanmar Companies Xxx 0000, Partnership Xxx 0000, The Special Companies Xxx 0000 and the laws amending or replacing such acts, the Myanmar Investment Law (2016), its implementing rules and any notification issued under that law. 3) (a) According to the Notification No. 51/2017, Non- Resident Foreigner will be subject to a withholding tax as follows; Class of Income Non-resident foreigner - Interest payment for a loan or 15% indebtedness or a transaction of similar nature or Saving - Royalties for the use of licenses, 15% trademarks, patent rights, etc. for the use of licenses, trademarks, patent rights, etc. - Payment by State Organizations, 2.5% State Enterprises, Development Committees, co-operative societies, foreign companies, foreign enterprises and organizations, local companies and under an existing law for (b) Incorporation of an enterprise, not involving a state enterprise is to be made under the Myanmar Companies Xxx 0000. If the investment involves a state enterprise, incorporation shall be made under the Myanmar Companies Xxx 0000, Partnership Xxx 0000, Special Companies Xxx 0000, Myanmar Companies Act (Amendment) 1955, and Myanmar Companies Regulations 1957. AMS Sector or Sub-sector Limitations on Market Access Limitations on National Treatment (c) Services activities are restricted under section 3 of the State-owned Economic Enterprises Law (1989). However, these activities may be permitted by Cabinet notification according to the section 4 of the said law. T ax Income Tax exemption for promoted sectors may be granted by Myanmar Investment Commission in accordance with the Myanmar Investment Law (2016) based on zoning system. If it is in zone (1), the income tax exemption for a period of 7 consecutive years including the year of commencement of business, in zone (2), the income tax exemption for a period of 5 consecutive years including the year of commencement of business, and in zone (3), the income tax exemption for a period of 3 consecutive years including the year of commencement of business. purchase of goods, work performed or supply of services and hiring within the country under a tender, contract, quotati...
Limitations on Market Access Limitations on National Treatment. Additional Commitments - In order to practice as an authorised auditor, he must have at least 5 years auditing experiences. 2) Foreign-based auditors are allowed to audit local accounts provided they are authorised by the Ministry of Finance. 2) In order to apply to be an authorised auditor, a person must have as minimum qualifications.
