Best of the Week
Most Popular
1.Bitcoin War Begins – Bitcoin Cash Rises 50% While Bitcoin Drops $1,000 In 24 Hours - Jeff_Berwick
2.Fragile Stock Market Bull in a China Shop -James_Quinn
3.Sheffield Leafy Suburbs Tree Felling's Triggering House Prices CRASH! - Nadeem_Walayat
4.Bank of England Hikes UK Interest Rates 100%, Reversing BREXIT PANIC Cut! - Nadeem_Walayat
5.Government Finances and Gold - Cautionary Tale told in Four Charts - Michael_J_Kosares
6.Gold Stocks Winter Rally - Zeal_LLC
7.The Stock Market- From Here to Infinity? - Plunger
8.Ethereum (ETH/USD) – bullish breakout of large symmetrical triangle looks to be getting closer - MarketsToday
9.Electronic Gold: The Deep State’s Corrupt Threat to Human Prosperity and Freedom - Stewart_Dougherty
10.Finally, The Fall Of The House Of Saud - Jim_Willie_CB
Last 7 days
Best Time / Month to Buy a Used Car From a UK Dealer - 16th Dec 17
Relief Rally in Gold Mining Stocks - 16th Dec 17
Amid Bad Fundamentals, Gold Sector Rally May Have Begun - 16th Dec 17
Gold Bullish on US Fed Interest Rate Hike - 16th Dec 17
The LORAX Explains What Happened to Sheffield's Street Trees 2017 - 16th Dec 17
Bitcoin Trading Alert: Bitcoin Pauses – Will Appreciation Follow? - 16th Dec 17
SanDisk Ultra 128gb 100mbs Micro SD Card for Smartphone's Speed Test - 15th Dec 17
Inflation is Spiking Globally… Bond Bubble Bursts in 3… 2… - 15th Dec 17
Sheffield's 'Real' LORAX Defending the Trees From the Labour City Council Patrol Units - 15th Dec 17
Stock Market Decline Signals are Near - 15th Dec 17
Santa Is Putting Christmas On The Blockchain And Saving Billions - 14th Dec 17
The Unprotected, the Protected, the Vulnerably Protected Classes—Which Are You? - 14th Dec 17
Gold’s Upside Target - 14th Dec 17
Year-end US Interest Rate Hike Again Proves To Be Launchpad For Gold Price - 14th Dec 17
2 Charts That Might Define the Fed’s Jerome Powell Era - 13th Dec 17
UK Stagflation Risk As Inflation Hits 3.1% and House Prices Fall - 13th Dec 17
Stock Market Elliott Wave Forecasts - Is the World coming to the end? - 13th Dec 17
A Method Traders Can Use to Confirm an Elliott Wave Count - 13th Dec 17
Best Time / Month of Year to BUY a USED Car is DECEMBER, UK Analysis - 13th Dec 17
A Former Wall Street Veteran: Good Traders Are Born, Not Trained - 12th Dec 17
Buy Gold, Silver Time After Speculators Reduce Longs and Banks Reduce Shorts to Continue? - 12th Dec 17
Masters of Economic and Political Illusion – in Taxes, Debt, Government, and Markets - 12th Dec 17
Approved Used Land Rover Main Dealer Real Customer Buying Guide - Hunters, Chester - 12th Dec 17
Gold Price 100% Bullish Signal - 12th Dec 17
Epic Stock Market & Fixed Income Bubble Will Not End Well - 12th Dec 17
Bitcoin can be stolen. Although Can’t be hacked - 11th Dec 17
Have Stocks Reached A Permanently Rigged Plateau? - 11th Dec 17
Trying To Beat The System Is A Fatally Flawed Investment Strategy - 11th Dec 17
Is This The Beginning Of The Next Silver Rush? - 11th Dec 17
The Dow Gold Ratio - 11th Dec 17
Evidence of a Stock Market Top Mounting - 10th Dec 17
Bitcoin Doesn’t Exist – Forks and Mad Max - 10th Dec 17

Market Oracle FREE Newsletter

Traders Workshop

Attractive Countries for Expanding your Business

Companies / SME Oct 06, 2017 - 01:27 PM GMT

By: Submissions

Companies

Most entrepreneurs start a small or medium-sized company and as the company begins to develop, they take into consideration the possibility of expanding the business to a new jurisdiction. This decision can have important strategic implications for the company, as it will open up a range of new possibilities and access to new customers.

Here are some countries in Europe and Asia that offer various advantages for investors. You can start considering these after you have decided that expansion is the next step for your company.


Business expansion in Europe

Bulgaria and Croatia have some of the lowest corporate income tax rates in Europe. Bulgaria has promising opportunities for investors who want to relocate in Europe and an important advantage is that the labour costs here are comparatively lower than in Western Europe. The corporate income tax in Bulgaria is 10% while that in Croatia is 18% and a lower rate of 12% applies to small businesses.

Cyprus offers an important geographical advantage to all investors who expand their business in the country: easy access to the European, African and Asian markets. The country has an attractive taxation regime, with a 12.5% corporate income tax rate. Moreover, dividends received by a resident Cypriot company are exempt from corporate tax. Cyprus has a special program for foreign citizens who are considering relocating to the country for business purposes. We recommend that you talk to a local expert about the process of obtaining citizenship by investment in Cyprus.

The Netherlands is known for its multi-cultural and welcoming business environment. Investors here benefits from the country’s central location in Europe and have access to a favourable foreign investment legislation.

Ireland is another location in Europe with a beneficial taxation regime, especially for certain categories of companies. The country has a 12.5% corporate income tax for trading income and a 25% corporate tax for non-trading income. Ireland is a hub for innovative companies and talented workers. The foreign direct investments sector is well-established and well-represented and the company formation process is simplified, all to the advantage of investors. If you are considering expanding your business to this country, you can ask for legal assistance from a law office in Ireland.

Expanding your business to Asia

Hong Kong is one of the top locations for investments in Asia. The Special Administrative Region is located close to Mainland China and investors who expand their business here can use their headquarters in the city for easy access to Shenzhen and other large Chinese cities. However, Hong Kong has more to offer than just a good location. The city has a well-developed infrastructure and a low and simple taxation regime. Moreover, it is a hub for foreign talent and English and Chinese are both official languages. If you need assistance for opening a company, you can contact a team of experts in forming companies in Hong Kong.

Singapore is another hub for innovative start-ups and foreign companies that are considering expanding to the Asian market. It has a good intellectual property protection regime and low taxes for companies. The city has a favourable business regime and many companies in the trade and service sector have expanded their business here.

Malaysia is best represented by the city of Kuala Lumpur. In Malaysia, foreign investors have access to a developed infrastructure and an ever-evolving business environment. English is widely used and the country has a large business community, especially in the Labuan International Business and Finance Centre, a special economic zone in Malaysia.

Before expanding to a new location, you should take the time to explore the market in that jurisdiction in order to have an image of how your products or services will gain recognition.

Expanding a business can be exciting and challenging at the same time. Choosing the right jurisdiction can be crucial for the future success of the company. We recommend that you talk to a local company formation agent once you have decided where your business is headed next.

By Andreea Paulsen

© 2017 Andreea Paulsen - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2018 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

Catching a Falling Financial Knife