Our Latest Round-Up of Business News Affecting China-Based Businesses Investing in Asia
In this edition of China Outbound, we start with an overview of the current state of the e-commerce landscape in India and Vietnam. We also include a guide to Vietnam’s import and export restrictions, which is closely related to the development of the country’s e-commerce industry. Then, we examine the corporate establishment procedures, regulations and key considerations when setting up businesses in other ASEAN nations such as Singapore and the Philippines.
A Guide to Vietnam’s Import and Export Restrictions
For those interested in the import or exportation of goods from Vietnam, careful due diligence is critical in ensuring that business can be carried out in a seamless fashion. Regulations as well as restrictions can play a significant role in trade, and all those with cross boarder operations should keep close watch on regulatory developments.
Leveraging Emergent Trends in Vietnamese E-Commerce
Vietnam’s e-commerce and start-up landscape is young, supported by strong fundamentals, and primed for investment. As of 2015, 39% of the Vietnamese population – 36.5 million people – were online, primarily through smartphones and tablets. Furthermore, e-commerce multinationals, such as Amazon, having yet to establish a foothold within the Vietnamese market, allow for highly developed start-ups targeting young consumers, like TicketBox, to gain traction.
Double Bind: Government Refuses to Define the “Online Marketplace”
Moving back on its earlier position, the Bharatiya Janata Party (BJP) led National Democratice Alliance (NDA) government has decided against defining the ‘online marketplace’ in India. The lack of clarification on what constitutes retail, wholesale and marketplace selling on online platforms is perpetuating confusion for foreign investors.
The Guide to Corporate Establishment in the Philippines
With annual growth projected to exceed 6 percent in 2016, the Philippines is among ASEAN’s most attractive destinations for foreign capital. Business confidence has been riding high and, as of 2015, the nation has seen substantial improvements in its competitiveness – rising five places in the World Economic Forums Global Competitiveness Index as the 47th most attractive economy in the world for business.
The Guide to Corporate Establishment in Singapore
Renowned for its highly skilled workforce and competitive business environment, Singapore is a valuable entry point to ASEAN, and filled with investment opportunities for firms seeking to establish themselves within Southeast Asia.
Asia Briefing Ltd. is a subsidiary of Dezan Shira & Associates. Dezan Shira is a specialist foreign direct investment practice, providing corporate establishment, business advisory, tax advisory and compliance, accounting, payroll, due diligence and financial review services to multinationals investing in China, Hong Kong, India, Vietnam, Singapore and the rest of ASEAN. For further information, please email email@example.com or visit www.dezshira.com.
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An Introduction to Doing Business in India 2015 (Second Edition)
Doing Business in India 2015 is designed to introduce the fundamentals of investing in India. As such, this comprehensive guide is ideal not only for businesses looking to enter the Indian market, but also for companies who already have a presence here and want to keep up-to-date with the most recent and relevant policy changes. We discuss a range of pertinent issues for foreign businesses, including India’s most recent FDI caps and restrictions, the key taxes applicable to foreign companies, how to conduct a successful audit, and the procedures for obtaining an employment visa.
An Introduction to Doing Business in Vietnam 2014 (Second Edition)
An Introduction to Doing Business in Vietnam 2014 (Second Edition) provides readers with an overview of the fundamentals of investing and conducting business in Vietnam. Compiled by Dezan Shira & Associates, a specialist foreign direct investment practice, this guide explains the basics of company establishment, annual compliance, taxation, human resources, payroll, and social insurance in the country.
An Introduction to Doing Business in China 2015
Doing Business in China 2015 is designed to introduce the fundamentals of investing in China. Compiled by the professionals at Dezan Shira & Associates, this comprehensive guide is ideal not only for businesses looking to enter the Chinese market, but also for companies that already have a presence here and want to keep up-to-date with the most recent and relevant policy changes.
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