How regional withholding tax rates are minimized in 2023
| Holding Company | Hong Kong | Singapore | Cyprus |
|---|---|---|---|
| Thailand | |||
| Dividend | 10% | 10% | 10% |
| Royalties | 15% | 15% | 15% |
| Interest | 5% | 15% | 5% |
| Taiwan | |||
| Dividend | 20% | 20% | 20% |
| Royalties | 20% | 15% | 20% |
| Interest | 20% | 20% | 20% |
| Australia | |||
| Dividend | 30% | 15% | 30% |
| Royalties | 30% | 10% | 30% |
| Interest | 10% | 10% | 10% |
| New Zealand | |||
| Dividend | 0 | 5% | 30% |
| Royalties | 5% | 5% | 15% |
| Interest | 10% | 10% | 15% |
| Philippines | |||
| Dividend | 30% | 15% | 30% |
| Royalties | 30% | 25% | 30% |
| Interest | 20% | 15% | 20% |
| Indonesia | |||
| Dividend | 5% | 10% | 20% |
| Royalties | 5% | 15% | 20% |
| Interest | 10% | 10% | 20% |
| Malaysia | |||
| Dividend | 0 | 0 | 0 |
| Royalties | 10% | 5% | 10% |
| Interest | 15% | 10% | 15% |
| Japan | |||
| Dividend | 5% | 5% | 20% |
| Royalties | 5% | 10% | 20% |
| Interest | 10% | 10% | 20% |
| Korea | |||
| Dividend | 20% | 10% | 20% |
| Royalties | 20% | 15% | 20% |
| Interest | 20% | 10% | 20% |
| Singapore | |||
| Dividend | 0 | 0 | 0 |
| Royalties | 10% | 0 | 10% |
| Interest | 15% | 0 | 10% |
| Hong Kong | |||
| Dividend | 0 | 0 | 0 |
| Royalties | 0 | 5% | 5% |
| Interest | 0 | 0 | 0 |
| Malta (holding) | |||
| Dividend | 0 | 0 | 0 |
| Royalties | 5% | 10% | 10% |
| Interest | 0 | 10% | 0 |
| Cyprus (holding) | |||
| Dividend | 0 | 0 | 0 |
| Royalties | 5% | 10% | 0 |
| Interest | 0 | 10% | 0 |
