E-news Archives - Page 30 of 37

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Hong Kong – Abolition of MPF Offsetting Arrangement

The Legislative Council made a decision on June 9, 2022, to change the law regarding how employers can use money from their workers' retirement savings (called Mandatory Provident Fund or MPF) to pay severance and long-service benefits. They decided to stop allowing this practice, called the MPF offsetting arrangement. This change will officially start on May 1, 2025.

March 26, 2024

Malaysia – Food Industry Business Licensing

Operating a business in the food industry is not just about delicious recipes and exceptional service. It also involves complying with various regulations and obtaining the necessary licenses to ensure the safety and legality of your operations.

March 26, 2024

Vietnam – Expanding Energy Cooperation Between Vietnam and Singapore

According to Vietnam News Agency, Minister of Industry and Trade Nguyen Hong Dien had a meeting with Singapore Minister of Industry and Trade Tan See Leng on March 20. During the meeting, in addition to traditional fields such as trade in goods, the two sides also discussed expanding cooperation in a diverse and sustainable direction such as cooperation on energy transformation, digital economy, digital transformation, and green economy...

March 26, 2024

Taiwan – Long-term Construction Projects to Implement the Percentage of Completion

Long term construction project ( over 1 year) shall use Percentage of completion method to calculate profit. Cost recovery approach can only be used when the profit is incalculable(Note).

March 26, 2024

Singapore – Singapore vs. Germany: A Comparative Summary

Discover the vital aspects of conducting business in Singapore and Germany through this condensed table. Delve into corporate environments, workforce nuances, tax structures, and competitiveness rankings, providing essential insights for your business evaluations.

March 26, 2024

Malaysia – Personal Data Protection Act 2010 (PDPA)

The Personal Data Protection Act 2010 (“PDPA”) is an Act that came into force on 15 December 2013 to regulate the processing of personal data regarding commercial transactions. Personal data refers to data about an individual who can be identified from the data, and other information to which the organisation has or is likely to have access.

March 20, 2024

Vietnam – Vietnam Prepares to Welcome Fourth FDI Boom

In 2023, despite the difficult economic context, Vietnam achieved relatively impressive FDI attraction.

March 20, 2024

Taiwan – Taiwan’s Tax Regulation Improvement Plan for 2024

Minister of the Ministry of Finance(MOF), Ms. Chuang Tsui-Yun, reported to legislators on March 07,2024 about MOF’s improvement plans for 2024.

March 20, 2024

Hong Kong – Supporting People and Enterprises

Reducing profits tax, salaries tax and tax under personal assessment for the year of assessment 2023/24 Subject to a $3,000 cap per case, the Financial Secretary suggested a one-time 100% reduction in profits tax, salaries tax, and tax under personal assessment for the assessment year 2023/2024.

March 20, 2024

Singapore – A Snapshot Comparison | Singapore vs Australia

Explore the business landscapes of Singapore and Australia with this comparative summary. Gain insights into key factors, from population and GDP to tax structures, workforce, and quality of life. This table highlights essential aspects, helping you make informed decisions on where to establish and grow your business.

March 20, 2024

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PREMIA TNC LIMITED

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Aeris Lam

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Jessy Chan

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Vietnam (Hanoi)

Premia TNC (Vietnam) Co. Ltd.

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Vietnam (Ho Chi Minh)

Premia TNC (Vietnam) Co. Ltd.

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Malaysia (Johor Bahru)

Premia TNC (Malaysia) Sdn. Bhd.

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Lily Lim

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Malaysia (Kuala Lumpur)

Premia TNC (Malaysia) Sdn. Bhd.

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Mandy Siew

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Korea

Premia TNC Korea Limited

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Mapo-gu, Seoul, South Korea

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Jennifer Seo

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China

Premia TNC (Xiamen) Limited

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

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Vicky Lin

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(+86) 592 5790 695

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UAE (Dubai)

Premia TNC Corporate Service Provider LLC

Office #1825, Smarthub Community, 18th Floor, The One Tower, Barsha Heights Sheikh Zayed Road Dubai, United Arab Emirates, PO Box 450604

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(English) Solomon Sayed - (+971) 58 521 9743
(Chinese) Vicky Lin - (+86) 1300 3999 391 / (+86) 1300 3901 967

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India

Premia TNC India Limited

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

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Hema Sehgal

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(+91) 813 0926 041

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[email protected]

Indonesia

Premia TNC Indonesia Limited

One Pacific Place 15th Floor
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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[email protected]

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