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Q&A

What are the development zones existing in Vietnam?

What are the development zones existing in Vietnam?

Foreign investors can establish their initial presence with a combindation of certain tax incentives and easier processes for registration or paperworks in one of these zones: Industrial zones specialize on producing industrial goods or the provis...

Q&A

What are the administrative procedures to set up manufacturing facilities in dev...

What are the administrative procedures to set up manufacturing facilities in dev...

The usual procedures to set up a manufacturing facilities in Vietnamese development zones include the following steps: Registration to verify your investment (i.e., the Board will issue the relevant investment certificates); Issuance of construct...

Q&A

What kinds of taxes exist in Vietnam and what are their rates?

What kinds of taxes exist in Vietnam and what are their rates?

The main taxes in Vietnam are: Corporate income tax - On June 19, 2013 the National Assembly approved CIT reduction from 25 to 22 percent, which will be further reduced to 20 percent by 2016; Value-added tax standard rate is ten percent. But depe...

infographic

Sourcing Model in China: Service Company

Sourcing Model in China: Service Company

The diagram shows how foreign investors can utilize a service company to create a sourcing platform in China.

Q&A

Why is ASEAN region worth the investors' attention for development zones?

Why is ASEAN region worth the investors' attention for development zones?

ASEAN region is a free trade area, which consists of ten countries. They are aiming to reduce tariff between themselves to zero by 2015. Given this favorable incentive, it is tipped to be development zones within each signatory will spring up across ...

Q&A

What are the benefits to locate businesses in development zones of Asian countri...

What are the benefits to locate businesses in development zones of Asian countri...

There are a number of general benefits that businesses enjoy in development zones located in different Asian countrie: Preferential policies – Companies in development zones receive a number of benefits and regulatory privileges which aim to...

Q&A

How many different development zones are there in China?

How many different development zones are there in China?

Although many tax benefits have been dried up after the 2008 Corporate Tax Reform, it is all the more important to understand which development zone will fit best with your business and your demands. Here is the list of development zones in China: ...

Q&A

What are the advantages and disadvantages of special economic zones in China?

What are the advantages and disadvantages of special economic zones in China?

Special Economic Zones are the oldest of all, thus they have advanced infrastructures, flexible legislations and great locations. Within these zones, more specialized zones are now set up to incentivize further investments. However, preferential tax ...

Q&A

What are the pros and cons of economic and technological development zones in Ch...

What are the pros and cons of economic and technological development zones in Ch...

These zones are built for the technologically sensitive industries. They provide great locations, access to local markets, advanced infrastructure, strong talent pools and, sometimes, governmental funding or rewards for relevant projects. Nowadays, t...

Q&A

What are the differences between economic and technological development zones an...

What are the differences between economic and technological development zones an...

Indeed, both zones have a focus on technology. However, High-Tech Industrial Development Zones have a specific scope to commercialize research and development and encourage technological industries to innovate by handing out additional incentives. Al...

Q&A

What are free trade zones in China?

What are free trade zones in China?

They are areas designated for export and international trade. They generally include industrial parks, bonded warehouses and export processing zones. Furthermore, the founding of Free Trade Zones is normally based on free trade agreements signed betw...

Q&A

What are export-processing zones in China?

What are export-processing zones in China?

Export-Processing Zones are essentially smaller and simplified Free Trade Zones – generally located within a development zone for the purpose of export processing. The keys advantages for Export-Processing Zones are that companies can be exempt...

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