Blog


Termination of Labor Contracts in FDI Enterprises: Legal Guide
Foreign Direct Investment (FDI) refers to the investment made by a foreign entity in a domestic business, either through acquiring a controlling stake or establishing new operations. The role of FDI is crucial in enhancing economic growth, technological advancement, and employment opportunities within host countries. In FDI enterprises, labor contracts serve as a cornerstone of the employment relationship, providing a legal framework for both employers and employees.


7 Key Differences in Vietnamese Business Culture for Successful Negotiations
Why Understanding Vietnamese Business Culture is Crucial
Entering into business negotiations in Vietnam requires more than just an understanding of market dynamics or industry specifics. One must grasp the subtleties of Vietnamese business culture to achieve successful outcomes. The country’s deep-rooted traditions, customs, and societal norms play a pivotal role in shaping business interactions, and a failure to adapt can hinder progress and relationships.


Vietnam’s Industrial Map: How to Choose the Right Location for Your Factory or Office
The Importance of Choosing the Right Location in Vietnam
Selecting the right location for a factory or office in Vietnam can make or break a business venture. The choice impacts logistics, costs, access to talent, and regulatory compliance. With the country’s rapid economic development and increasing foreign direct investment (FDI), businesses must carefully consider their site to gain a competitive edge.


Notes for FDI Enterprises Engaging in Labor Leasing Services in Vietnam
Foreign Direct Investment (FDI) plays a crucial role in the economic development of Vietnam, contributing to job creation, technology transfer, and industry growth. For foreign businesses operating in Vietnam, labor leasing services have emerged as an essential strategy to optimize human resource management. By engaging in labor leasing, FDI enterprises can access a flexible, efficient workforce without bearing the full administrative burden of direct employment. However, this practice involves navigating Vietnam’s complex legal landscape and ensuring compliance with labor regulations.


100 Universities Eligible for UAE Golden Visa: Full List & Benefits
If you’re a graduate from one of the top 100 universities eligible for the UAE Golden Visa, you unlock the potential for career growth and a long-term residency in the UAE. But how do you know if your university qualifies? And what exactly is the application process for the Golden Visa?


Mastering Cross-Border E-Commerce (CBEC): A Taiwan Tax & Compliance Practical Blueprint for Global Expansion
Cross-Border E-Commerce (CBEC) has evolved from a niche sales channel into a core growth engine for global brands. As digital infrastructure, international logistics, and localized payment systems mature, businesses of all sizes can now sell directly to overseas consumers without relying on traditional importers or distributors.


A Smart Start for Precious Metals & Jewellery Businesses in Hong Kong
This guide walks you through the PMSD licensing process in a clear, practical way, covering who needs to apply, registration types, application steps, compliance obligations, penalties, and renewal requirements.


Content Creators in Hong Kong: Why Set Up a Hong Kong Company for Your Business?
In recent years, the role of content creators has rapidly evolved, turning from a niche hobby into a global profession. From influencers and YouTubers to bloggers, podcasters, and video producers, content creation has become a significant industry. Hong Kong, known for its robust business environment, low taxation, and strategic location, has become an attractive option for content creators looking to expand their reach, protect their business interests, and enjoy the benefits of a company structure. Whether you’re an established content creator or just starting out, setting up a Hong Kong company can provide various advantages that streamline operations, protect personal assets, and enhance your brand’s credibility.


ACRA Annual Return Deadline for Singapore Companies: Key Dates, Rules & Compliance Tips
If you are planning to incorporate a company in Singapore, or have already done so as a foreign entrepreneur, one of the most important ongoing obligations you will encounter is filing your Annual Return (AR) with the Accounting and Corporate Regulatory Authority (ACRA). This statutory filing is required by the Companies Act and plays a central role in keeping your business compliant, transparent, and in good standing with Singapore’s regulatory framework.
Meeting the ACRA annual return deadline is essential, because missing it can result in penalties and enforcement actions against the company and its officers. This article explains who must file an annual return, when it must be filed, how deadlines are calculated, relevant exceptions, and practical tips to stay compliant.
Understanding what ACRA BizFile is and how it works is essential for any foreign entrepreneur looking to establish and maintain a compliant Singapore company. This article explains what BizFile is, how it is used, who needs it, and why it plays such a central role in Singapore’s business environment.


Vietnam Investment Point: A Licensed E-Commerce Trading Platform is Re-Accessible
Vietnam has rapidly emerged as one of Southeast Asia’s most dynamic economies, fueled by digital transformation and a growing middle class. The country’s e-commerce sector, once in its infancy, is now a vital component of its economic engine. As e-commerce platforms continue to expand, a recent development has captured the attention of investors: the re-accessibility of a licensed e-commerce trading platform. This change offers new opportunities for those looking to tap into the booming digital marketplace. In this article, we explore what this re-accessibility means for investors, the implications of licensed platforms, and how individuals and businesses can seize the emerging opportunities in Vietnam’s e-commerce landscape.


Regulations on Indirect Investment Activities in Vietnam
In the dynamic business environment of Vietnam, disputes are inevitable. Whether stemming from contractual breaches, intellectual property violations, or financial disagreements, commercial disputes can disrupt business operations. The importance of resolving such disputes effectively cannot be overstated, as prolonged conflicts can lead to financial losses and reputational damage. Understanding the options available for dispute resolution, particularly court litigation and arbitration, is crucial for businesses operating in Vietnam. This article explores the differences between these two prominent methods of commercial dispute resolution and provides insights into choosing the most effective approach for your business needs.


Commercial Dispute Resolution in Vietnam: Court Litigation vs Arbitration
In the dynamic business environment of Vietnam, disputes are inevitable. Whether stemming from contractual breaches, intellectual property violations, or financial disagreements, commercial disputes can disrupt business operations. The importance of resolving such disputes effectively cannot be overstated, as prolonged conflicts can lead to financial losses and reputational damage. Understanding the options available for dispute resolution, particularly court litigation and arbitration, is crucial for businesses operating in Vietnam. This article explores the differences between these two prominent methods of commercial dispute resolution and provides insights into choosing the most effective approach for your business needs.


Vietnam Investment Point: Freelancer Job Platform – Extremely Strong Potential
The freelancer job platform market is an arena that has experienced explosive growth in recent years. From the convenience of remote work to the flexibility offered by freelance careers, the demand for platforms connecting freelancers with clients has surged worldwide. Vietnam, with its vibrant economy and rapidly evolving digital landscape, holds significant potential in this sector. In this article, we will explore the opportunities available in Vietnam’s freelancer job platform industry, examine its competitive advantages, and highlight the strong potential for


Impact of Carbon Credit Market to FDI Companies in Vietnam
As the global community intensifies its fight against climate change, nations around the world are establishing robust frameworks to reduce carbon emissions and promote sustainability. Vietnam, a rapidly developing economy in Southeast Asia, is no exception. One of the most significant mechanisms adopted to achieve environmental goals is the carbon credit market. For foreign direct investment (FDI) companies operating in Vietnam, the rise of this market presents both challenges and opportunities. This article explores the impact of the carbon credit market on FDI companies in Vietnam, shedding light on its implications for business strategies, regulations, and sustainability initiatives.


What Is ACRA BizFile and Why It Matters When Registering a Company in Singapore
When foreigners plan to incorporate a company in Singapore, one name appears repeatedly during the process: BizFile. Whether you are setting up a new business, appointing directors, filing annual returns, or updating company details, BizFile is the official digital platform that makes these actions possible.
Understanding what ACRA BizFile is and how it works is essential for any foreign entrepreneur looking to establish and maintain a compliant Singapore company. This article explains what BizFile is, how it is used, who needs it, and why it plays such a central role in Singapore’s business environment.


How to Start Your E-Commerce Business in Taiwan
This essay explores the key steps and considerations for starting an e-commerce business in Taiwan, covering legal requirements, market dynamics, and strategies for success.


Boost Your Business Efficiency with Transferable Letters of Credit in Hong Kong
At Premia TNC, we specialize in Transferable Letter of Credit (TLC) services in Hong Kong, providing businesses with a secure and efficient way to manage international transactions. In this article, we’ll explore how TLC services can benefit your business and how we can help you leverage this valuable tool in global trade.


5 Things You Need to Know About Hong Kong’s Annual Return Filing and Company Information Updates
In Hong Kong, all companies are required to maintain accurate records and comply with local regulations to remain in good standing. One of the most important compliance tasks is the Annual Return filing, a crucial document that every company registered in Hong Kong must submit to the Companies Registry. This filing ensures that the Hong Kong government has up-to-date information about the company, including details about its directors, shareholders, business address, and other critical data.


Maximize Security and Efficiency in Trade with Our LC Services in Hong Kong
At Premia TNC Trading Team, we offer comprehensive LC services to help you navigate the complexities of international trade, ensuring smooth, secure, and efficient transactions. Here’s how our LC services in Hong Kong can benefit your business.


The Ultimate Guide to Family Visa Renewal in Dubai
Dubai is not just a city of opportunities—it’s home to thousands of expatriate families who enjoy a high standard of living. If you’re a resident sponsoring your family, keeping their residence visas up-to-date is essential. Delays or mistakes can result in fines, travel restrictions, or complications with healthcare and schooling. That’s why understanding the family visa renewal process is crucial, and at Premia TNC UAE, we make it easy.


Taiwan Withholding Tax Guide For Resident Payees
Whether you are an employee or business owner, understanding withholding tax is essential to navigating Taiwan’s tax landscape. This guide provides a detailed breakdown of withholding tax for residents and how you can ensure compliance while optimizing your tax liabilities.


Registered Office vs Business Address: Key Differences in Business Registration
When starting a business in Hong Kong, one of the essential requirements is the designation of both a registered office address and a business address. While these terms may seem similar at first glance, they serve distinct purposes in the eyes of the law and in the daily operations of a company. Understanding the differences between these two types of addresses is crucial for ensuring compliance with Hong Kong’s business regulations and for maintaining smooth business operations.


Selling Globally from Singapore: How a Singapore Company Powers International E-Commerce Expansion
If you are a foreign entrepreneur planning to incorporate a company in Singapore, understanding the identification framework used by Singapore’s regulatory authorities is crucial. Two terms you will encounter are the Unique Entity Number (UEN) and the ACRA registration number. Though they are related, there are important distinctions and nuances, especially if your entity was incorporated before 2009. This article explains what the UEN and ACRA registration number are, how they work, why they matter in your business setup, and what you need to do to ensure your company remains fully compliant.


Taiwan’s E-commerce Logistics: A Study of a High-Density Delivery Network
Taiwan has developed a mature e-commerce environment shaped by high internet penetration, widespread mobile device usage, and strong consumer familiarity with online purchasing. This environment has led to the formation of a logistics network characterized by extensive last-mile coverage and multiple delivery channels.


Dubai Ecommerce License: How to Get One & Everything You Need to Know
The rise of ecommerce has transformed the global marketplace, and Dubai, with its strategic location and business-friendly environment, has become a hotspot for entrepreneurs looking to establish online businesses. If you’re considering launching an ecommerce business in Dubai, obtaining an ecommerce license is an essential step. This comprehensive guide will walk you through everything you need to know about getting an ecommerce license in Dubai and how Premia TNC UAE can help you through the process.


How to Ensure Compliance with Hong Kong’s Health Product Regulations
Importing dietary supplements or health-related products into Hong Kong involves adhering to specific regulatory requirements. The type of license you need depends on the ingredients of your product. If your supplement contains pharmaceutical ingredients, you’ll need to apply for a Wholesale Dealer License for Medicines. If not, you may only need a Food Import License. This guide will walk you through the steps to ensure a smooth and compliant importation process.


What Should a Foreigner Do If He/She Wants to Work in Hong Kong?
Hong Kong, one of Asia’s most dynamic business hubs, attracts professionals worldwide. With its thriving economy, high living standards, and diverse job opportunities, working in Hong Kong can be a rewarding career move. However, for foreigners, there are specific steps to follow in order to secure employment and legally work in the city. This guide will walk you through the process of obtaining a work visa, finding employment, and preparing for life in Hong Kong.


Understanding the Singapore Standard Industrial Classification (SSIC)
If you are a foreign entrepreneur planning to incorporate a company in Singapore, understanding the identification framework used by Singapore’s regulatory authorities is crucial. Two terms you will encounter are the Unique Entity Number (UEN) and the ACRA registration number. Though they are related, there are important distinctions and nuances, especially if your entity was incorporated before 2009. This article explains what the UEN and ACRA registration number are, how they work, why they matter in your business setup, and what you need to do to ensure your company remains fully compliant.


M&A in Vietnam: Opportunities and How to Navigate the Legal Pitfalls
Mergers and acquisitions (M&A) have become a prominent force in Vietnam’s economic modernization. As local businesses mature and foreign enterprises seek expansion into Southeast Asia, deal-making is no longer sporadic


Vietnam Representative Office Compliance Regulations for Foreign Traders
Vietnam has rapidly transformed into a focal point of economic activity in Southeast Asia. The nation’s consistent GDP growth, favorable demographics, and strategic location have made it an attractive destination for foreign enterprises seeking to penetrate the regional market.


How to Legally Repatriate Profits from Vietnam: A Step-by-Step Guide
Vietnam has swiftly risen as one of Asia’s most attractive investment destinations. Foreign enterprises, particularly in sectors such as manufacturing, real estate, and services, have witnessed strong returns.


Sustainable ESG Implementation in FDI Enterprises in Vietnam
In today’s interconnected world, companies are increasingly being held accountable for the environmental, social, and governance (ESG) aspects of their operations. This shift is particularly significant for Foreign Direct Investment (FDI) enterprises in emerging markets like Vietnam. ESG represents a triad of principles: environmental sustainability, social responsibility, and corporate governance. For FDI enterprises, sustainable ESG implementation is no longer just a regulatory obligation; it has become a key determinant of long-term success and competitiveness in the global marketplace.


Exploring the Benefits of Vietnam’s Infrastructure Development for Small Investors
Vietnam has rapidly emerged as one of the most dynamic economies in Southeast Asia, and at the heart of its remarkable growth lies an infrastructure revolution. The country’s ambitious development plans have opened up a plethora of opportunities for investors. For small investors, the current wave of infrastructure expansion presents an enticing prospect to maximize returns while contributing to the nation’s progress. This article delves into the advantages that Vietnam’s infrastructure boom offers small investors, examining key sectors, government policies, and the potential for substantial financial rewards.


Vietnam Investment: The Rise of the KOL Industry
Vietnam is now one of the most rapidly expanding economies in Southeast Asia, fueled by industrial growth and an increasingly advanced digital environment. This shift has created a fertile ground for the rise of a new industry — the Key Opinion Leader (KOL) sector. Gaining momentum as a vital element of digital marketing, the KOL industry has attracted considerable investment. As the nation undergoes a digital transformation, this sector is reshaping Vietnam’s marketing and advertising strategies.


Vietnam – ASEAN: The door is open for foreign investment
Vietnam has increasingly become a key economic hub in Southeast Asia, both due to its strategic location and rapid economic transformation. Situated along the South China Sea, the country serves as a critical gateway for trade between East Asia and the Pacific. As part of the ASEAN Economic Community (AEC), Vietnam has positioned itself as a pivotal player in the region’s economic integration efforts. With the opening of its service sector, the country presents a wealth of opportunities for foreign investors, who can benefit from both its economic growth and the broader ASEAN market.


Impact of US Tariffs on Vietnam’s Economy
In a world increasingly shaped by interdependent economies, tariffs have become one of the most potent tools in the arsenal of governments seeking to protect domestic industries or reshape international trade relations. The recent imposition of tariffs by the United States on Vietnamese goods has sparked concerns about the impact on Vietnam’s economy. As Vietnam’s biggest export market, the new tariffs from the US have substantial consequences for both the country’s immediate economic performance and its long-term growth prospects.


How to Leverage Vietnam’s E-Commerce Boom: A Guide for Small Foreign Retailer
Vietnam has emerged as one of the fastest-growing e-commerce markets in Southeast Asia. With a young and tech-savvy population, increasing internet penetration, and a growing middle class, the country presents a goldmine of opportunities for foreign retailers.


Vietnam – Foreign Investment: Cost Saving & Faith
Vietnam is becoming one of Southeast Asia’s most sought-after destinations for foreign investment. A combination of cost efficiency, political stability, and a commitment to reforms has placed the country at the center of global investors’ attention. In recent years, the Vietnamese government has worked relentlessly to enhance its appeal by modernizing its legal system and fostering a business-friendly environment.


Foreigners can buy houses in Vietnam: Regulations and Implementation
Vietnam has witnessed a remarkable transformation over the past few decades, evolving from a largely agricultural economy to one of Southeast Asia’s most attractive destinations for real estate investment.


Investment Opportunity in International Financial Center in Vietnam
Vietnam’s dynamic economic transformation over the past few decades has made it a beacon of investment opportunities in Southeast Asia. A significant development in this growth is the rise of international financial centers (IFCs), which have become crucial in fostering global investment, facilitating financial innovation, and integrating the country into the international financial system. Vietnam’s emergence as a regional financial hub represents a unique opportunity for investors seeking to capitalize on a burgeoning market with significant long-term potential.


Taipei Business Location Pre-Check: What Entrepreneurs Must Know Before Company Registration
Starting a business in Taipei requires careful planning, and one of the most crucial steps before company registration is the business location pre-check. While the Ministry of Economic Affairs provides standardized forms and documents for company registration across Taiwan, Taipei City imposes an additional requirement: a pre-approval of the business address to ensure compliance with zoning and building regulations.


Taiwan Retail “Points Economy”: Market Scale and Industry Trends
In recent years, Taiwan’s retail sector has been experiencing a strategic shift in customer engagement, with loyalty programs and pointbased incentives becoming central to how brands attract and retain consumers.


How to Change Your Registered Office Address in Singapore: A Step-by-Step Guide
If you are a foreign entrepreneur planning to incorporate a company in Singapore, understanding the identification framework used by Singapore’s regulatory authorities is crucial. Two terms you will encounter are the Unique Entity Number (UEN) and the ACRA registration number. Though they are related, there are important distinctions and nuances, especially if your entity was incorporated before 2009. This article explains what the UEN and ACRA registration number are, how they work, why they matter in your business setup, and what you need to do to ensure your company remains fully compliant.


Vietnam’s Personal Income Tax: What Foreign Entrepreneurs Should Consider
Vietnam’s rapidly growing economy and burgeoning entrepreneurial landscape present an appealing environment for foreign investors. However, navigating the local tax system, particularly personal income tax (PIT), is a crucial aspect that every foreign entrepreneur must understand.


Vietnam – Singapore: Partners for a New Era
The relationship between Vietnam and Singapore is one of the most vibrant and mutually advantageous in Southeast Asia. With both countries positioning themselves at the forefront of regional and global challenges, the strategic partnership is entering a new chapter.


Legal Framework for Energy Transition in Vietnam
The world is increasingly recognizing the urgency of transitioning to cleaner, more sustainable energy sources to mitigate the impacts of climate change


Pre-Launch Checklist for Foreign Businesses Entering the Vietnamese Market Introduction
Vietnam’s market has steadily emerged as one of the most dynamic and attractive destinations for foreign businesses. With a young, tech-savvy population, a robust economy, and strategic positioning within ASEAN, the country offers immense opportunities for growth and expansion.


The Relation Between ESG and Foreign Direct Investment Flows in Vietnam
The world of investment has evolved significantly over the past few decades. Among the key drivers of this transformation are the concepts of ESG—Environmental, Social, and Governance. These principles have gained prominence not only in corporate governance but also in shaping the patterns of foreign direct investment (FDI) flows across the globe.


What You Need to Know About Taxation for Foreign-Owned Businesses in Vietnam
Vietnam’s booming economy has attracted a surge of foreign investors seeking to tap into one of Southeast Asia’s most dynamic markets. As the government continues to open its doors to global businesses, understanding the complexities of Vietnam’s taxation system is essential for foreign-owned enterprises looking to thrive.


A Comprehensive Guide to the Hong Kong Dependant Visa
The Hong Kong Dependant Visa is an essential option for foreign nationals seeking to reunite with their family members in Hong Kong. This visa allows the spouse, children, and in some cases, other dependents of Hong Kong residents to live and work in the region. This guide will outline what the Hong Kong Dependant Visa is, who qualifies for it, and how to apply for it.


Dubai Mainland Company vs ADGM/DMCC vs Free Zone: A Comparison of Company Formation Types
In this blog post, we will compare the Dubai Mainland Company, ADGM/DMCC, and Free Zone options, focusing on their setup processes, features, advantages, and disadvantages to help businesses make the best choice for their needs.


What You Need to Know About Importing Cosmetics into Hong Kong
When importing cosmetics into Hong Kong, businesses need to understand the regulatory requirements regarding product ingredients. While the importation of cosmetics is relatively straightforward, if the product contains pharmaceutical ingredients, the process becomes more complex.


Mastering eCommerce Law in Vietnam: What You Need to Know to Stay Compliant
In recent years, Vietnam has become one of the fastest-growing markets for eCommerce in Southeast Asia. As businesses embrace the digital economy, understanding the intricate web of laws regulating online trade becomes essential.


Labor Costs and Human Resources Advantages When Establishing a Company in Vietnam
As Vietnam continues to experience rapid economic growth, it has positioned itself as an attractive destination for foreign investment. One of the key factors influencing business decisions when establishing a company in the country is the labor market, which offers a mix of competitive labor costs and an increasingly skilled workforce.


