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Malaysia – Companies (Amendment) Bill 2023 [Issue 1 of 3]
The Companies (Amendment) Bill 2023 was table for first reading in Parliament on 10 October 2023. Subsequently, it was tabled and passed at the 2nd and 3rd reading in Parliament on 28 November 2023 and approved by the Dewan Negara on 13 December 2023.
Moody’s announced 2024’s rating and maintains rating at Aa3 with a stable outlook, and affirms the performance of the central bank’s policy.
The preliminary assessments indicate that the labor market sustained its growth trajectory in the first quarter of 2024, albeit at a moderated pace compared to previous periods. Notably, total employment (excluding Migrant Domestic Workers) expanded during the first quarter despite a moderately tight labor market environment. This growth was primarily propelled by an increase in resident employment, with unemployment rates remaining at low levels. Additionally, retrenchment figures decreased for the second consecutive quarter.
The Financial Secretary proposed a one-off reduction of profits tax, salaries tax and tax under personal assessment for the year of assessment 2023/24 by 100%, subject to a ceiling of $3,000 per case.
Vietnam is an attractive FDI destination in the eyes of foreign investors despite rising geopolitical instability on the globe, said Paulo Medas, head of the International Monetary Fund (IMF) team to Vietnam.
MTEP offers entrepreneurs a range of passes to facilitate their entry into the technology sector. These passes facilitate the entry and residence of individuals in the dynamic realm of technology-driven ventures.
2023 alien personal income tax filing period is from May 1st, 2024 to May 31st, 2024. The exemption, standard deduction, etc. can be applied for 2023 PIT are as below table:
At the Conference announcing the planning of Ninh Thuan province for the period 2021 - 2030, vision to 2050 and investment promotion of Ninh Thuan province, the People's Committee of Ninh Thuan province awarded the decision approving the investment policy and investment registration certificate and project development research memorandum for 14 investors with a total expected investment capital of 120,000 billion VND.
According to advance estimates released by the Singapore Ministry of Trade and Industry (MTI) on April 12, 2024, Singapore's economy grew by 2.7% year-on-year in Q1 2024, exceeding the 2.2% growth in the previous quarter. Quarter-on-quarter, there was a 0.1% expansion, continuing the 1.2% growth from Q4 2023.
According to the Companies Ordinance (CO), every local limited company incorporated in Hong Kong must deliver the statutory returns to the Registrar of Companies timely. Failure or late delivery is a breach of the relevant provisions of the CO. Every responsible person of the company, including the directors, company secretaries, managers and authorized representatives are liable to prosecution and, if convicted, default fines.

Contact Us

Hong Kong

PREMIA TNC LIMITED

Unit 706, 7/F, South Seas Centre Tower 2, No.75 Mody Road, Tsim Sha Tsui, Hong Kong

Contact Person

Irene Tsang
Aeris Lam

Contact Number

Singapore

Premia TNC (Singapore) Pte. Ltd.

8 Marina View, #39-04 Asia Square Tower 1, Singapore 018960

Contact Person

Amy Tan
Luis Wong

Contact Number

Taiwan

Premia TNC (Taiwan) Ltd.

18F-2, No.163, Sec. 1, Keelung Rd, Xinyi Dist, Taipei City 110, Taiwan (R.O.C)

Contact Person

Wells Lee

Contact Number

Vietnam (Hanoi)

Premia TNC (Vietnam) Co. Ltd.

4/F, Epic Tower, Alley 19, Duy Tan Street, My Dinh 2 Ward, Nam Tu Liem District, Hanoi, Vietnam

Contact Person

Vincent Truong

Contact Number

Vietnam (Ho Chi Minh)

Premia TNC (Vietnam) Co. Ltd.

3/F, Sonatus Building, 15 Le Thanh Ton Street, Ben Nghe Ward, District 1, Ho Chi Minh City, Vietnam

Contact Person

Vincent Truong

Contact Number

Malaysia (Johor Bahru)

Premia TNC (Malaysia) Sdn. Bhd.

G-05, Residensi Eko,Jalan Eko Botani 3/5, Taman Eko Botani, 79100 Iskandar Puteri, Johor Darul Takzim, Malaysia.

Contact Person

Lily Lim

Contact Number

Malaysia (Kuala Lumpur)

Premia TNC (Malaysia) Sdn. Bhd.

Suite 6-1, Level 6, Lobby A, Wisma UOA II, No. 21 Jalan Pinang, 50450 Kuala Lumpur

Contact Person

Mandy Siew

Contact Number

Korea

Premia TNC Korea Limited

5F, K-Square, 161 Yanghwa-ro,
Mapo-gu, Seoul, South Korea

Contact Person

Jennifer Seo

Contact Number

China

Premia TNC (Xiamen) Limited

Room 2501, Ocean Mansion, No.268 Lujiang Road, Siming District, Xiamen, Fujian, China

Contact Person

Vicky Lin

Contact Number

UAE (Dubai)

Premia TNC (Middle East) - FZCO

Dubai Silicon Oasis, DDP, Building A1, Dubai, United Arab Emirates

Contact Person

Irene Tsang
Catherine Kim

Contact Number

India

Premia TNC India Limited

A40, Sector80, PhaseⅡ, Noida, Dist.Gautam Budha Nagar, UP 201305 India

Contact Person

Hema Sehgal

Contact Number

Indonesia

Premia TNC Indonesia Limited

One Pacific Place 15th Floor
Jl. Jend. Sudirman Kav.
52-53 Jakarta 12190 Indonesia

Contact Person

Indonesia PIC

Contact Number