May 10 – The new issue of Asia Briefing Magazine, titled An Introduction to Development Zones Across Asia, is out now and will be temporarily available as a complimentary PDF download on the Asia Briefing Bookstore throughout the months of May and June.
The use of development zones in their different guises has been an effective model essentially brought to prominence by China over the past 25 years to help both foreign investors and domestic companies meet in a relationship that provides tax advantages to both. Development zones typically permit the foreign investor to bring component parts into a country for assembly without having to pay import duties. Investors may then add in locally-sourced components, assemble the final product, and warehouse it all duty free before then having the option of exporting the finished product (collecting some VAT rebates on the locally sourced portion) or entering the domestic market with a product assembled at local labor costs. Continue reading




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Dec. 3 – Over the past few months as I’ve been speaking at events across the United States, many questions have been raised about all sorts of subjects – from the differences in tax rates and legal structures within individual countries, such as China or India, to the primary differences between entire countries. Concerning the latter, the country-to-country comparison that gets raised most often is between China and Vietnam.
