Ascendia Partners Empowers Shanghai Hongqiao, Precisely Navigates Southeast Asian Expansion

November 2025, Shanghai – Invited by the Shanghai Hongqiao International Central Business District, Ascendia Partners recently hosted a seminar for enterprises seeking to expand into Southeast Asian markets. The event focused on the practical needs of enterprises going global, featuring substantive content and lively interaction.

During the seminar, Managing Director Mr. King Lee opened the session by comparing listing requirements across major capital markets including Hong Kong, Singapore, Thailand, Malaysia, Indonesia, Vietnam, and Nasdaq. He pointed out that 2025-2026 is a period of intensive policy adjustments in Southeast Asia's tax and finance landscape, and professional forward-looking structural design is key to enterprises' steady growth.

[Photo: Mr. King Lee, Managing Director]

Subsequently, Singapore Managing Partner Ms. Lyn Tan systematically introduced Singapore's strategic advantages as an international headquarters, highlighting the "Singapore+1" collaborative development model. She also shared the establishment and tax advantages of family offices, noting that as of August 2024, 1,650 single-family offices had received tax incentives.

[Photo: Ms. Lyn Tan, Singapore Managing Partner]

Thailand Managing Partner Mr. Ace Lu then interpreted the latest BOI policy benefits, particularly the opportunities for new energy vehicles and the electronics industry in the Eastern Economic Corridor (EEC), providing practical guidance for enterprises to seize Thailand's manufacturing upgrade window. He explained Thailand's BOI tiered incentive system, noting that A1+ emerging industries in the EEC can enjoy up to 15 years of corporate income tax exemption. He pointed out that Thailand is actively promoting the "Thailand Electronics Circuit Asia 2025" (THECA 2025) initiative, and the new energy vehicle sector has created historic opportunities for battery, e-drive, and component suppliers.

[Photo: Mr. Ace Lu, Thailand Managing Partner]

Vietnam Managing Partner Ms. Elena Nguyen delivered the closing presentation. Based on her "Vietnam FDI Investment Advisory Practice and Client Development Strategies," she systematically analyzed Vietnam's core advantages as an investment destination. She detailed the full lifecycle service process for FDI enterprises – from pre-investment legal advisory, site selection, and investment registration certificate application, to operational phase accounting, work permit processing, and year-end audit and profit repatriation. She particularly emphasized the distinction between charter capital and total investment capital, the mandatory requirement for consular legalization, and key points for obtaining work permits and temporary residence cards for foreign experts.

[Photo: Ms. Elena Nguyen, Vietnam Managing Partner]

Representatives from different countries provided targeted guidance and advice based on each enterprise's specific situation. The Q&A session featured in-depth exchanges, and enterprises responded positively.

Ascendia Partners expressed its gratitude to the Shanghai Hongqiao International Central Business District for the invitation and looks forward to continued deeper cooperation in the future, leveraging its professional strengths to help more Chinese enterprises achieve steady global expansion.

About Ascendia Partners

Rooted in Asia, reaching out to the world. As a one-stop corporate service platform, Ascendia Partners is committed to providing full-chain professional services for enterprises going global, including IPO financing, tax and financial compliance, family offices, and sustainable development – making global expansion simpler and growth more steady.

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Ascendia Partners 
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