|
International Business:
International Trade And Free Tax Zone
 If you want to understand international trade and free tax zone, then you have to go back to nearly two thousand years when the Phoenicians in cities of Carthage and Tyre gave fiscal profits on goods which had not been sold in the market or which had been returned to their point of origin. More..
|
Sponsored Links :
|
|
International Business Checklist And Guidelines
If you are thinking of opening a business in another country, then it is very important to have an international business checklist and guidelines prior to setting shop. This will help you see things which are usually overlooked at the time of conducting international business only to repent later. |
|
| |
|
International Business Checklist and Guidelines:
- Are cultural influences or prohibition in the way of conducting the business?
- What are the neighboring countries and what sort of relationship does the host country have with its neighbors?
- What is type of judicial system -- political or impartial?
- Can foreign judicial decisions be enforced in the country?
- Can the investor choose to be subject to the country’s jurisdiction or not?
- What languages are spoken in the country?
- What is the state of the public services like water electricity, gas etc?
- What is the state of the country’s infrastructure like roads, railways etc?
- Are there any religious influences or prohibitions on the way business is conducted?
- What locales are available to an investor (industrial zones, duty free zones etc)?
- What are the sizes of the different markets?
- What are the other types of businesses being conducted in the country?
- What embassies and consulates are present in the country?
- Are there any restrictions on certain business dealings with the country?
- What is the attitude and state of environmental regulation?
- Has the government of the country been historically stable?
- What is the administrative decision making process like in the country?
- Does the country generally welcome foreign investment and international businesses?
- What is the rate of inflation?
- Are foreign investment restricted or prohibited?
- Should the investor be in association with a national of the country or a related state to be permitted to invest?
- Is the investor limited in the amount of his investment?
- Are there any treaties relevant to the anticipated investment?
- Are there tax incentives for exports?
- Is export financing available from government or private sources?
- Is there any governmental insurance for exports?
- Can the investor receive grants or subsidies?
- Are the grants and subsidies restricted by the type of activity?
- Are there national tax incentives for the investor? Make sure you check for regional tax incentives too.
- Are the incentives restricted by type of activity?
- Are incentives restricted by duration of activity?
- What kind of financial institutions exists and should the investor maintain a bank account in the country?
- Is there a stock market?
- Is there free determination of exchange rates?
- Are there restrictions on the transfer of currency into or out of the country?
- Are there restrictions on the remittance of profits abroad?
- Can hard currency be taken out of the country?
- Is the country a member of WTO?
- Is the country a party to a regional free trade agreement?
- Does the Customs Department value the goods?
- How are the goods cleared through customs?
- Are there applicable tariffs?
- Are restrictions on exports?
- Are export or import licenses required?
- Are there applicable export or import duties?
More Articles :
|
|
|
|
|
International Business Checklist And Guidelines
Company Facilities