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Vietnam – Proposal to Extend 2% VAT Reduction for the First Half of 2025
In the 2022-2024 period, the National Assembly has resolved to reduce VAT rates by 2% for groups of goods and services currently subject to a VAT rate of 10% (to 8%), except for some groups of goods and services.
Taiwan – How to Apply for an International Driving License in Taiwan
Foreigners must stay in Taiwan for more than 6 months, and their original country’s driving license must be from a country recognized by Taiwan for reciprocal agreement.
Singapore – IRAS – Requirements for GST Registration
Determining whether business needs to register for Goods and Services Tax (GST) is crucial for compliance with Singapore’s tax regulations.
Hong Kong – 2024 Policy Address: Advancing the International Shipping Centre
Hong Kong, which ranks fourth on the International Shipping Center Development Index (ISCDI), is one of the busiest and most effective ports in the world.
[#47] Weekly Newsletter 2024 Vol.47 (Hong KongㅣSingaporeㅣTaiwanㅣVietnamㅣMalaysia | Dubai) 🤝
Singapore and South Korea to Form Strategic Partnership by 2025...
Dubai – UAE Entrepreneurs Rank Among the Most Optimistic Globally for Business Growth
A recent survey by HSBC reveals that 98% of UAE entrepreneurs—one of the highest percentages globally—are optimistic about the growth prospects of their businesses.
Malaysia – Understanding Penalties and Compliance Requirements for Audited Financial Statements [Issue 1 of 2]
In the intricate landscape of corporate governance, the submission of audited financial statements stands as a cornerstone of transparency and accountability.
Vietnam – Food Additives in Products Exported to Singapore
The Vietnam Trade Office in Singapore said that the Singapore Food Authority (SFA) has stated the discovery of the banned substance Sibutramine in the ingredients of three coffee products: KetoDiet Coffee from Malaysia, ChoCo Premix Coffee, and V-SHOU Premium Coffee (unknown origin).
Taiwan – Issuing Zero-Tax Invoices to Diplomats
For personnel with diplomatic privileges, such as embassy officials stationed in Taiwan, the Ministry of Foreign Affairs can issue business tax exemption cards.
Singapore – Singapore and South Korea to Form Strategic Partnership by 2025
Singapore and South Korea are set to elevate their relationship to a strategic partnership by 2025, enhancing cooperation across the digital economy, defense, and trade.
Hong Kong – Adjustment to Tax Reserve Certificate Interest Rate
The Inland Revenue Department announced today (November 1) that starting from November 4, 2024, the new annual rate of interest payable on Tax Reserve Certificates will be 0.7167 per cent against the current rate of 0.8000 per cent, i.e. the new rate will be $0.0597 per month per $100.
[#46] Weekly Newsletter 2024 Vol.46 (Hong KongㅣSingaporeㅣTaiwanㅣVietnamㅣMalaysia | Dubai) 🚢
Tax Exemption on Imported Raw Materials and Supplies for Export Production...

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Premia TNC (Vietnam) Co. Ltd.

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Jl. Jend. Sudirman Kav.
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Indonesia PIC

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(+62) 21 2783 8318

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Since 2003, PREMIA TNC LIMITED in Hong Kong, Singapore, Malaysia, Vietnam, Taiwan, Korea, China, UAE, India and Indonesia.

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