[Premia TNC] Weekly Newsletter 2025 Vol.66
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 | HKEX to Enhance Post-Trade Systems for T+1 Settlement Cycle
In a recent Budget Speech, the Financial Secretary outlined significant advancements in Hong Kong’s capital market, focusing on improvements to the trading mechanism. The Hong Kong Stock Exchange (HKEX) will begin upgrading its post-trade system in mid-2025 to ensure compatibility with a T+1 settlement cycle by year-end. The move aims to shorten settlement times and improve market efficiency. Additionally, reforms are underway to optimize the lot size system, promote a paperless securities market, and address investors’ risk management needs. These changes will position Hong Kong for a more dynamic and competitive financial landscape.
💸 Singapore | IRAS One-Off Personal Income Tax Rebate for Year of Assessment 2025
As part of Singapore’s SG60 initiative, a one-off Personal Income Tax Rebate will be granted to all tax resident individuals for the Year of Assessment (YA) 2025. The rebate, aimed at providing financial relief, will apply to income earned in 2024 and offers a significant enhancement over previous years. Eligible residents will automatically receive a 60% rebate on their tax payable, capped at $200, with no action required on their part. This initiative, part of the Singapore Budget 2025, continues the government’s efforts to support citizens’ financial well-being.
🗂️ Taiwan | Freelance Income Tax Filing Guide for Taiwan
Freelancers in Taiwan face different tax filing requirements depending on their employment situation. Whether you’re employed by a Taiwanese company, working independently, or earning from a foreign employer, understanding the necessary steps and documentation is crucial. We have break down the filing procedures for each scenario, ensuring a smooth and efficient tax process.
⚙️ Vietnam | Bac Ninh Welcomes Two New High-Tech Component Factories with Over $600 Million in Investment
Bac Ninh province continues to solidify its position as a leading industrial hub in Vietnam with the launch of two high-tech manufacturing projects. The Victory Giant Technology Vietnam Factory and Green Precision Manufacturing Vietnam Co., Ltd. are set to bring a combined investment of $640 million, boosting the region’s role in advanced electronics and precision manufacturing. With state-of-the-art facilities and cutting-edge products for sectors like AI, green energy, and consumer electronics, these projects highlight Bac Ninh’s attractiveness to global tech companies and its ongoing economic growth.
🧾 Malaysia | New Guidelines for BO Reporting in Malaysia (Issue 1 of 2)
Starting April 1, 2024, Malaysia’s Companies Commission (SSM) introduced new guidelines for Beneficial Ownership (BO) reporting, a key aspect of corporate governance aimed at ensuring transparency within businesses. BO reporting identifies the true individuals who own or control a company, even if their names aren’t on official documents. This new regulation clarifies who qualifies as a beneficial owner and includes provisions for special cases such as deceased, bankrupt, or mentally incapacitated individuals. Stay tuned for more details on this important update in our upcoming issues.
📱 Dubai | UAE Cabinet Approves New Regulations to Enhance Legal Profession and Consultancy
The UAE Central Bank has unveiled a new symbol for the dirham, designed to reflect the nation’s identity and its growing ambitions on the global financial stage. The symbol, inspired by the UAE flag, represents stability and pride. This move is part of a broader effort to modernize the country’s financial infrastructure. Alongside this, the UAE is preparing to introduce a Digital Dirham in late 2025, a blockchain-based currency that will enhance financial security, reduce transaction costs, and speed up cross-border payments. This initiative is a key step in the UAE’s drive to become a global leader in digital finance.
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Premia TNC Hong Kong Webinar
Key Insights and Expert Advice on Revolutionizing Business Banking via The Digital Account Solution
Get your hands on crucial information to master business banking in Hong Kong! Attend our webinar on April 3, 2025, for valuable information, free consultations, and comprehensive materials to gain insights into the key requirements for a digital account solution in Hong Kong. Secure your booking today!
<Hong Kong>
Date: Thursday, April 3, 2025, 4:00 PM – 5:00PM GMT+8
Target companies: Businesses looking to revolutionize business banking with a digital account solution.
Presenter: Irene Tsang
→ Webinar participation application link
Premia TNC Malaysia Webinar
Professional Guidance and Crucial Information on Navigating Audit Exemption and Dividend Tax in Malaysia
Seize your opportunity to get a hang of the latest key updates on audit exemption and dividend tax in Malaysia! Attend our webinar on April 17, 2025, for valuable information, free consultations, and comprehensive materials to gain insights into the key updates concerning exemptions and taxes. Secure your booking today!
<Malaysia>
Date: Thursday, April 17, 2025, 2:00 PM – 3:00PM GMT+8
Target companies: Businesses looking to get on top of the key updates concerning audit exemption and dividend tax in Malaysia.
Presenter: Mandy
→ Webinar participation application link
Premia TNC April News
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Premia TNC April Holiday Notice
April has arrived! 🌻 A time for renewal and new horizons. Let’s embrace the journey and make this month one to remember. 🌿💫
→ Check Our Complete Schedule for April
🗞️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]
