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Malaysia – Company Secretary‘s Code of Ethics
With the increasing complexity of Company Laws and the continued rationalization of business into larger groups of companies, the position of the company secretary in relation to the affairs of the company has evolved from being a mere servant to a much more important person in a company.
Delivering the opening keynote to the workshop, Mr. Vo Tan Thanh, Vice President of the Vietnam Chamber of Commerce and Industry (VCCI), said that Vietnam - Hong Kong trade and investment cooperation has grown fruitfully for years. Hong Kong is currently one of Vietnam's 10 largest trading partners and ranks 6th in the export market. In 2023, the bilateral trade was estimated at US$11.24 billion. In the year, Hong Kong's foreign direct investment (FDI) into Vietnam amounted to US$4.68 billion, ranking third among foreign investors in Vietnam. For its part, Vietnam is also Hong Kong’s second-largest trading partner in ASEAN and Hong Khong’s 7th largest global trade partner. Hong Kong is well-known for its strength as a gateway for investment, trade, finance, and logistics between China and the region and the world through the “Belt and Road” Initiative and “Hong Kong - Guangzhou - Macao Greater Bay Area”. This important factor will boost economic relations between Vietnam and Hong Kong as well as between ASEAN countries with East Asian economies and the world.
In Taiwan, National Health Insurance (NHI) is mandatory for residents, but those planning to travel abroad for over 6 months can apply to suspend their enrollment and insurance premiums through the stop enrollment process. While enrolled individuals can keep paying premiums and maintain coverage, opting to stop enrollment suspends both premiums and medical benefits. It's important to note that this service is applied for in advance and cannot be retroactively applied, so residents should check their personal status and make necessary arrangements before traveling abroad.
Starting from 1 April 2024, Hong Kong Customs extended the Free Trade Agreement Transshipment Facilitation Scheme (FTA Scheme) to cover transshipment cargoes from the Mainland to Singapore via Hong Kong.
For Korean entrepreneurs weighing Singapore against Korea, key factors like business setup, visas, startup ecosystems, costs, living conditions, and government support are crucial. Singapore excels in efficiency and global competitiveness, while Korea offers tech prowess and regional market access. The table below provides a concise comparison for informed decision-making.
Hong Kong will host the fifth conference of the Belt and Road Initiative Tax Administration Cooperation Forum (BRITACOF) in September 2024, gathering representatives from tax administrations, businesses, academia, and international organizations. The forum, initiated by the Belt and Road Initiative Tax Administration Cooperation Mechanism (BRITACOM), aims to enhance communication and cooperation among tax administrations along the Belt and Road, foster a sustainable tax environment, and strengthen Hong Kong's role in facilitating the initiative. BRITACOM, established in 2019, facilitates collaboration to remove tax barriers, promote cross-border trade and investment, and support regional economic growth.
The "ASEAN Business Survey" by HSBC reveals strong interest from Southeast Asian companies in expanding into Vietnam, with Thailand leading the trend alongside Malaysia and Indonesia. Thailand ranks third in confidence among businesses entering the Vietnamese market, with investments exceeding $14 billion. This reflects a regional preference for neighboring markets, with 87% of respondents favoring intra-ASEAN investment. Vietnam's appeal lies in its extensive network of free trade agreements, robust consumer base, and thriving digital economy, which will contribute to record-high FDI of $36.61 billion in 2023, cementing its position as a key manufacturing hub amidst global economic challenges.
Compare the business landscapes of Singapore and Japan, both renowned for their competitiveness and attractive environments for investment. Singapore boasts streamlined regulations, competitive tax rates, and an innovative workforce, while Japan offers a robust legal framework, complex tax incentives, and a highly skilled vocational workforce. Deciding between the two requires careful consideration of which features align best with your business needs and goals.
In Taiwan, National Health Insurance (NHI) is mandatory for residents, but those planning to travel abroad for over 6 months can apply to suspend their enrollment and insurance premiums through the stop enrollment process. While enrolled individuals can keep paying premiums and maintain coverage, opting to stop enrollment suspends both premiums and medical benefits. It's important to note that this service is applied for in advance and cannot be retroactively applied, so residents should check their personal status and make necessary arrangements before traveling abroad.
Establishing a manufacturing operation in Malaysia requires obtaining a manufacturing license from the Malaysian Investment Development Authority (MIDA), which oversees compliance with stringent regulations. Eligibility criteria include meeting paid-up capital requirements and committing to technology transfer. The application process involves submitting documents such as a business plan and financial projections to MIDA for evaluation, which may take weeks. Compliance with regulations post-licensure is crucial to avoid penalties or license revocation, with regular renewals necessary for continuous operation. Understanding the regulatory landscape and following the proper procedure are essential for successful establishment and growth in Malaysia's manufacturing sector.

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