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Taiwan –  Company Loan Shall Calculate Interest Income
When a company loans to another without charging interest, or with an agreed interest rate lower than the common rate, the company should compute taxable interest income based on the benchmark interest rate published by the Taiwan Bank
Malaysia – Guidelines Relating to The Obligations of Company Secretary As a Reporting Institution Under The Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (Amla) [Issue 1 Of 4]
In Malaysia's dynamic financial regulatory landscape, stringent anti-money laundering and counter-financing of terrorism (AML/CFT) measures under Act 613 signify a steadfast commitment.
Hong Kong – Interest on Tax Reserve Certificates 2024
The Secretary of Financial Services and the Treasury have approved a modification to the interest rate that must be paid on Tax Reserve Certificates, according to a Legal Notice that was published in the Government Gazette 31 May 2024. Instead of the present rate of 0.9250 percent, which is $0.0736 per month for every $100, as on 3 June 2024, the new annual rate of interest will be 0.8833 percent.
Singapore – OpenAI Releases GPT-4o and Additional Tools for ChatGPT users
The latest flagship model, GPT-4o, is now available, along with enhanced capabilities for ChatGPT users.
Vietnam – Binh Duong is about to have a Dialogue with FDI Enterprises in 4 Markets
The People's Committee of Binh Duong province has just agreed with the Plan to organize the Foreign Direct Investment Dialogue Conference (FDI) in 2024.
[#24] Weekly Newsletter 2024 Vol.24 (Hong KongㅣSingaporeㅣTaiwanㅣVietnamㅣMalaysia)🌍
Vietnam and 13 Partners Signed a Clean Economy Agreement...
Taiwan –  Transfer Pricing (TP) Report Submission Deadline: Within One Month
In compliance with regulatory requirements, companies mandated to prepare Transfer Pricing reports are obliged to submit the TP report within one month of the tax authority initiating an audit. The Tax Bureau has outlined the following key points for self-assessment:
Vietnam – Vietnam and 13 Partners Signed a Clean Economy Agreement
In the Indo-Pacific Economic Framework for Prosperity (IPEF), 14 partners, including Vietnam, have just signed a clean economy agreement, focusing on collaborative efforts to transition to clean energy and combat climate change. IPEF's 14 partners currently account for about 40% of global GDP and 28% of global trade in goods and services.
Hong Kong – Companies Registry’s Incident of Personal Data Being Leaked
On 19 Apr 2024, the Companies Registry (CR) had carried out an urgent maintenance due to the risk of personal data leakage identified in the e-Search Portal during routine work.
Malaysia – Malaysia Digital Economy Corporation (MDEC)
The Malaysia Digital Economy Corporation (MDEC), formerly known as Multimedia Development Corporation, stands as a testament to Malaysia's drive to bolster its position in the global digital landscape. This government agency, established to pioneer the transformation into a developed digital economy, plays a pivotal role in ensuring Malaysia remains at the forefront of global technological innovation.
Singapore – IRAS – Getting Companies to Comply (Part 3 of 3)
In extension to our preceding Part 1 and Part 2 article regarding the companies' tax compliance, we are pleased to present the last part 3, which cover the remaining areas where IRAS compliance efforts will be focus.
[#23] Weekly Newsletter 2024 Vol.23 (Hong KongㅣSingaporeㅣTaiwanㅣVietnamㅣMalaysia)📈
Investors Show Confidence in Vietnam’s Economic Outlook

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PREMIA TNC LIMITED

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Irene Tsang
Aeris Lam

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Singapore

Premia TNC (Singapore) Pte. Ltd.

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Premia TNC (Taiwan) Ltd.

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Premia TNC (Vietnam) Co. Ltd.

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(+84) 964 705 550

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Premia TNC (Vietnam) Co. Ltd.

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(+84) 98 396 4794

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Malaysia (Johor Bahru)

Premia TNC (Malaysia) Sdn. Bhd.

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(+91) 813 0926 041

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Jl. Jend. Sudirman Kav.
52-53 Jakarta 12190 Indonesia

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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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