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[Premia TNC] Weekly Newsletter 2024 Vol.39

Premia TNC E-Newsletter

Establishing international corporations and managing tax accounting information.
Tackling worldwide challenges and embracing global trends simultaneously!

 👀 Premium News - Quick Overview in 3 Minutes

💡Weekly E-Newsletter

🏢 Hong Kong | Updating Company Particulars for a Hong Kong Business

The Companies Registry (CR) in Hong Kong offers a “one-stop notification of change of company particulars” service, streamlining the process of notifying both CR and the Inland Revenue Department (IRD) about changes in company name or registered address. To change a company name, a Special Resolution must be passed and Form NNC2 submitted to CR within 15 days, after which the IRD will issue an amended Business Registration Certificate. For a change of registered address, Form NR1 must be submitted to CR within 15 days, and the IRD will send the updated certificate the next working day. Changes in business address alone do not require CR notification but must be reported to the Business Registration Office.

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🗣️ Singapore | OpenAI Unveils Advanced Voice Mode to Some ChatGPT Plus Users

OpenAI has introduced Advanced Voice Mode (AVM) for a select group of ChatGPT Plus users, enhancing ChatGPT with real-time, emotion-responsive audio and video capabilities powered by GPT-4o. Launched at the Spring event, AVM uses a unified model for audio, vision, and text, improving interaction quality and response time. Safety measures include preset voice options and content filters. OpenAI plans a full rollout by fall, refining the feature based on initial feedback, with video and screen sharing to follow. ChatGPT Plus subscribers, paying $20 monthly, can join the early access group via email or app invitations.

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📱 Taiwan | Steps to Apply for a Monthly Mobile Plan in Taiwan

To apply for a monthly mobile plan in Taiwan, foreign nationals need their passport and ARC (valid for over 6 months) with their residential address. Choose a provider like Chunghwa Telecom, Taiwan Mobile, or Far EasTone, and apply in person. Chunghwa Telecom requires applications at direct branches only. Fill out the application form and submit it with your documents. Depending on the provider, you may need a Taiwanese guarantor or a security deposit: Chunghwa Telecom (guarantor or NT $2900 deposit), Taiwan Mobile (no guarantor or deposit), and Far EasTone (NT $2400 deposit). After review, you can start using the plan immediately.

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🔋 Vietnam | HDF Energy Partners with Quang Ngai to Advance Green Hydrogen Initiatives

HDF Energy has signed a Memorandum of Understanding with the Department of Industry and Trade of Quang Ngai Province to promote green hydrogen and renewable energy projects. The partnership, witnessed by key officials, aims to integrate HDF’s advanced technologies, such as HyPower and Renewstable®, to provide clean and reliable energy for the national grid and large industrial plants. This collaboration leverages Quang Ngai’s strategic location and resources, supporting Vietnam’s goal of net zero emissions by 2050.

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💼 Malaysia | Comparing MDEC vs. ESD: [Issue 3 of 3]

Choosing the right visa in Malaysia depends on your industry and career goals. The MDEC visa is ideal for tech roles, aligning with Malaysia’s digital economy initiatives, while the ESD visa offers broader opportunities across various sectors. Case studies show that tech professionals benefit more from the MDEC visa, whereas non-tech professionals, like educators, find the ESD visa more flexible. Long-term, the MDEC visa supports those aiming to establish themselves in the digital economy, while the ESD visa caters to broader career development. Understanding these differences helps expatriates and employers make informed decisions.

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💵 Dubai | Establish Your Own Cryptocurrency Tokens in Dubai

Dubai’s progressive regulatory framework, particularly through the Virtual Assets Regulatory Authority (Vara), has fueled the growth of numerous crypto ventures, including FEG (Feed Every Gorilla). FEG’s platform enables businesses and individuals to develop and launch their own tokens, driving innovation across sectors like real estate, e-commerce, and gaming. Dubai’s adoption of blockchain technology and creation of free zones for digital assets have positioned it as a global crypto hub, benefiting ventures like FEG. The city’s thriving blockchain community and infrastructure support SmartDeFi’s expansion, streamlining token creation and trading, and attracting new projects to the decentralized finance space.

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Business Insight

💻 Comparing Global Remote Work Trends: Amazon’s Office Return Policy vs. Singapore’s Flexible Work Arrangements

Amazon’s return to a full office-based work model by January 2025 highlights its focus on fostering collaboration, innovation, and strong organizational culture, seeing in-office work as key to rapid decision-making. In contrast, Singapore’s new flexible work policies, effective December 2024, emphasize work-life balance, productivity, and talent retention. These divergent approaches reflect different priorities, with Amazon valuing in-person teamwork for innovation, while Singapore leverages flexibility to attract global talent. For multinational companies, striking a balance between regional work preferences and corporate goals will be crucial for long-term success.

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Discover Our Newest Service!

🆕 Singapore | A Glance At Singapore Variable Capital Company Structure

Premia TNC proudly unveils its exclusive service for the establishment of Singapore Variable Capital Companies (VCC), an efficient umbrella structure meticulously designed for investment funds. Discover limitless expansion possibilities and unrestricted flexibility within this sophisticated framework, offering scalability, tax efficiency, and operational flexibility. Experience a professional suite of services tailored to guide you through the complexities, ensuring strategic leveraging of VCC advantages.

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🆕 Vietnam | Enhance Your Business with Vietnam Compliance Consultancy

Discover unparalleled Vietnam Compliance Consultancy Services from Premia TNC. Navigate regulatory landscapes seamlessly, ensuring your business thrives in Vietnam’s dynamic market. Contact us for expert guidance on sustainable success.

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Exclusive Promotion!

🌟 Premia TNC Hong Kong x Cathay | Unlock Rewards that Take you Places When you Partner with Premia TNC to Earn Over 10,000 Asia Miles!

Embark on a rewarding journey for your business with PREMIA TNC x Cathay. Seize the opportunity to earn over 10,000 Asia Miles by joining our services. From enticing welcome offers to lucrative referral bonuses, every order placed successfully brings you closer to a world of unparalleled benefits. Grow your business and reap the rewards by elevating your success with PREMIA TNC!

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🌟 Premia TNC Hong Kong x Mastercard | Tailored Excellence and $500 Off! Elevate your Business with Premia TNC Hong Kong for This Exclusive Deal.

Get personalized corporate services at Premia TNC Hong Kong, designed for your unique needs. Our dedicated consultants handle tasks, letting you concentrate on growth. Enjoy a USD$500 discount using your Business Mastercard, unlocking 30% off premium accounting and tax filing services in Hong Kong.

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🌟 Premia TNC Taiwan x Mastercard | Propel your Business and Get $500 Off on us for the Personalized Success that Awaits you with Premia TNC Taiwan.

Experience personalized corporate services at Premia TNC Taiwan, tailored for your unique needs. Let our dedicated consultants manage tasks, freeing you to focus on growth. Take advantage of a USD$500 discount with your Business Mastercard, unlocking a 30% discount on premium accounting and tax filing services in Taiwan.

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🌟 Premia TNC Singapore x Vietnam | Masterplan your Expansion with Exclusive Markdowns for your Singapore Holding Company and Vietnam Subsidiary Ventures.

Unlock tax advantages in SG (territorial tax, 17% corporate tax) and VN (20%, DTAs, 0–17% incentives, loss carry-forward). Flourish in business-friendly environments with no withholding tax on dividends. Elevate your expansion strategy today, complemented by a limited-time discount with us.

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🌟 Premia TNC Singapore | Strike Off Your Company in Singapore With Significant Savings For Your Next Fresh Start

Striking off your company in Singapore can lead to substantial cost savings by eliminating ongoing operational expenses and compliance costs. This process simplifies administration by reducing corporate governance complexity, providing a definitive end that allows owners to move on, and mitigating the risks associated with maintaining a dormant company. Additionally, it improves cash flow, offers potential tax advantages, enhances operational efficiency, and avoids penalties, ensuring a streamlined and cost-effective business solution.

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🌟 Premia TNC Singapore | Streamlining Company Closure Through Hassle-Free Striking Off

Engaging Premia TNC for the striking-off process in Singapore offers significant benefits, ensuring a smooth and efficient experience. Their comprehensive service includes a thorough compliance review, the preparation of necessary documentation, and direct liaison with regulatory authorities, thereby eliminating the hassle for business owners. By handling tax waiver applications and resolving potential objections, Premia TNC helps avoid legal complications and saves valuable time. Their expertise ensures compliance with all legal requirements, providing a cost-effective solution for companies looking to dissolve their business operations without the stress and complexities of navigating the process alone.

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🌟 Premia TNC Singapore | Unlock Efficiency with Premia TNC: Industry-Leading Accounting and Bookkeeping Services in Singapore

Discover the key to streamlined financial management with Premia TNC’s comprehensive bookkeeping services in Singapore. From freeing up valuable time to ensuring regulatory compliance, our experienced team is committed to optimizing your business’s financial operations. Say goodbye to accounting headaches and welcome efficiency with Premia TNC.

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⭐ Premia TNC Singapore x Oasia Hotel Downtown | Enjoy Exclusive Corporate Rates at Oasia Hotel Downtown, Singapore!

Kick back and relax with our special corporate rates at the Oasia Hotel Downtown, Singapore, exclusively extended to all clients of Premia TNC Singapore Pte. Limited. Elevate your stay to a realm of refined luxury.

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⭐ Premia TNC Singapore x The Clan Hotel | Exquisite Corporate Privileges Await at The Clan Hotel, Singapore!

Indulge in the epitome of luxury with our premium corporate rates at The Clan Hotel, Singapore, exclusively curated for esteemed clients of Premia TNC Singapore Pte. Limited. Elevate your corporate stay to unparalleled sophistication.

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Premia TNC Vietnam Webinar

Vietnam Tax Point – Expenses Before and After Establishment

Gather all the necessary details about the implementation of tax point in Vietnam!
Attend our webinar on October 31, 2024, for valuable information, free consultations, and comprehensive materials to gain insights into how expenses differ prior to and after the establishment of tax point in Vietnam. Secure your booking today!

<Vietnam>

Date: Thursday, October 31, 2024, 2:00 PM – 3:00 PM

Target companies: Clients looking for additional information on tax point expenses before and after establishment in Vietnam

Speaker: Presenter: Jenny, Supporter: Sunny

→ Webinar participation application link

Premia TNC September News

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Premia TNC October Holiday Notice

Hello, October! Wishing you a month filled with cozy moments, crisp autumn days, and endless opportunities to thrive. 🍁

Check Our Complete Schedule for October

🗞️Writer: Faraaz
🗞️Productor: Julia ⋅ Felice

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PREMIA TNC LIMITED / KORCHINA TNC CPA LIMITED

Founded in 2003, Premia TNC operates in Hong Kong, Singapore, Vietnam, Taiwan, Malaysia, Korea, and Dubai.
We provide consulting and accounting services, including corporate establishment, management, accounting, tax advice, and auditing.
Unit 706, 7/F, Tower 2, South Seas Centre, 75 Mody Rd, Tsim Sha Tsui, Hong Kong

TEL (+852) 6484 3419
[email protected]