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As we move through 2025, work in Singapore is changing faster than ever. Technology, especially AI, is reshaping jobs. Remote work is here to stay. And lifelong learning is becoming a must for everyone. Let’s take a closer look at what’s driving these changes and what it means for workers and businesses.
Hong Kong will continue to adhere to the territorial source principle of taxation, and determination on the source of profits will not be affected by the introduction of the "economic substance requirement" under the FSIE regime. In other words, in-scope taxpayers can still make offshore claims and be tax-exempt so long as they meet the economic substance requirement, with the source of profits and compliance with the economic substance requirement being considered in distinct and separate contexts.
As retail services continue to evolve and diversify, retailers increasingly collect, process, and utilize consumers’ personal data, thereby bearing greater responsibility for ensuring data security. The Ministry of Economic Affairs (MOEA) stated that, to strengthen businesses’ implementation of personal data protection, it had already enacted the "Retail Industry Personal Data File Security Maintenance and Management Regulations" on August 1, 2023. Relevant businesses have since complied with the regulations by formulating personal data security maintenance plans.
OpenAI has reaffirmed its commitment to integrating multiple models into one, as GPT-5, which is expected to be released later this summer.
As businesses increasingly adopt digital transformation, the Electronic Transactions Ordinance (ETO) in Hong Kong plays a critical role in facilitating electronic transactions and e-signatures. Enacted in 2000, the ETO provides legal recognition to electronic records and signatures, ensuring they hold the same validity as traditional paper documents.
The Dubai Centre for Family Businesses, an initiative under Dubai Chambers, recently hosted an insightful session as part of its "Governance Series," focusing on legacy structuring for long-term business sustainability.
Firms not involved in gazetted activities during the reporting period must declare their status through the DNFBP portal, selecting the "Declaration of Non-Applicability" option. This applies to dormant firms, newly established entities, or firms winding down operations. A firm that does not submit a DCR nor declare its non-applicable status could face regulatory scrutiny, as non-compliance with the DCR requirement carries enforcement actions.
Starting August 18, 2025, under Circular 34/2025/TT-BYT issued by the Ministry of Health, every cosmetic product entering the Vietnamese market must have a separate product announcement form.
The Federal Tax Authority (FTA) has reported a rise in businesses benefiting from its Corporate Tax Late Registration Penalty Waiver initiative. Taxable Persons and certain Exempt Persons who missed the registration deadline can avoid the AED 10,000 fine by submitting their Tax Return or annual declaration within seven months (instead of nine) from the end of their first tax period.
To ensure a smooth DCR submission, firms can adopt key strategies, such as standardizing data collection, training compliance teams on evolving guidelines, utilizing self-assessment tools, and leveraging technology for efficient client screening.

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.

1 Raffles Place, #20-02, One Raffles Place, Singapore 048616

Contact Person

Amy Tan
Jessy Chan

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

Vickie Chang

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 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

Contact Person

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

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