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[Premia TNC] Weekly Newsletter 2024 Vol.5

Premia TNC E-Newsletter

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

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💡Weekly E-Newsletter

🌕 Hong Kong | Toll-Free Policy for Smaller Vehicles on the Hong Kong-Zhuhai-Macao Bridge During Lunar New Year Holidays

Enjoy toll-free travel on the Hong Kong-Zhuhai-Macao Bridge for small passenger vehicles from February 9th to 17th, 2024, during the Lunar New Year Holiday. Also, approved Hong Kong cars can apply online for the Northbound Travel for Hong Kong Vehicles scheme, effective July 1, 2023, for travel between Hong Kong and Guangdong.

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🏡 Singapore | Estate Duty

Estate duty is a tax on the total market value of a person’s assets at the time of death, encompassing everything owned in their name, jointly owned assets, gifts within five years of death, gifts with retained benefits, and assets held in trust providing personal benefits, with exemptions often applied.

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📜 Taiwan | Foreigners Exempted from Applying for a Work Permit in Taiwan

Certain foreigners, including consultants, researchers, spouses of Republic of China citizens, and individuals engaged in specified activities or holding Academic and Business Travel Cards, are exempt from applying for work permits, while Working Holiday Visas and certain short-term engagements are considered entry visas deemed work permits.

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🛩️ Vietnam | KP Aero Industries Invested 20 million USD in the Aircraft Component Factory in Da Nang

KP Aero Industries secures an Investment Registration Certificate for its 20 million USD KP Vina Aviation Components Factory in Da Nang Hi-Tech Park, focusing on Boeing aircraft parts. The project aims to enhance Da Nang’s position in the global aviation industry, with construction set to commence in February 2024 and operations starting by the end of 2024. In 2023, the park attracted 19 new projects, bringing the total investment to 3,413 million USD across 526 projects.

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🧾 Malaysia | Service Tax Rate Increases in 2024

The recent Budget 2024 proposes a service tax rate increase from 6% to 8% in Malaysia, effective March 1, 2024, excluding essential services. The adjustment expands the tax scope to include logistics, brokerage, underwriting, and karaoke services, signaling a notable fiscal reform with implications for both the economy and individual spending, subject to effective implementation and market adaptability.

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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 Markdowns!

🌟 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 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 Hong Kong Webinar

Uncover Key Insights into Hong Kong Company Formation and Maintenance

Discover Insights on Hong Kong Company Formation!
Attend our webinar on February 28, 2024 for valuable information, free consultations, and comprehensive materials. Enhance your understanding of corporate establishment. Book your spot today!

<Hong Kong🇭🇰>

Date: Wednesday, February 28, 2024, 4:00 – 5:00 PM
Target companies: Clients looking forward to Company Formation and Sustainability
Speaker: Consultant – Angela

→ Webinar participation application link

Premia TNC News

Premia TNC February Holiday Notice

Embrace the Lunar New Year in February with joy and prosperity! Wishing you a month filled with good fortune and exciting opportunities ahead. ✨

View Our Temporary Lunar New Year Holiday Notice🏮

Check Our Complete Schedule for February

🗞️Writer: Faraaz
🗞️Productor: Julia ⋅ Felice

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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]