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Q&A

What are the pros and cons of bonded logistics zones in China?

What are the pros and cons of bonded logistics zones in China?

Bonded Logistics Zones are areas where specific logistic activities are subject to a unique set of customs and duties. The rent of these zones, in general, stands high. They are to be used as storage, certain processing, exhibition of goods by foreig...

Q&A

What are cross-border economic zones in China?

What are cross-border economic zones in China?

They are designed to develop trade and export processing industries at China’s border areas. Usually, cooperation zones and/or joint projects with the neighboring countries are to be found. Preferential tax treatments, such as special value-add...

Q&A

Why should we utilize Indian special economic zones?

Why should we utilize Indian special economic zones?

With the Special Economic Zones Act 2005 and Special Economic Zones rules in place, the streamlined and simplified Indian Special Economic Zones provide the following advantages: Generation of additional economic activities; Promotion of export g...

Q&A

What kinds of special economic zones are there in India and what can a foreign e...

What kinds of special economic zones are there in India and what can a foreign e...

There are 4 of them: Special Economic Zones for Multiple Sectors – They are areas where manufacturing, trading and warehousing business may be set up within two or more sectors; Special Economic Zones for Specific Sectors – They are s...

Q&A

What are the land requirements on setting up a business in Indian special econom...

What are the land requirements on setting up a business in Indian special econom...

The zones are subject to the following conditions: Special Economic Zones for Multiple Sectors – Area rent out must be more than 1,000 hectares with 50% or above being industrial area; Special Economic Zones for Specific Sectors – Are...

Q&A

Is there any advice for conducting business in Indian special economic zones?

Is there any advice for conducting business in Indian special economic zones?

Here are a couple of advices: Indian authorities love seeking paper-work discrepancies. So, make sure all your documents and manifests are precise and correctly labeled. Hire an import-export expert if necessary. Some Zones are operated privately...

Q&A

What are the permitted foreign direct investment (FDI) activities in India?

What are the permitted foreign direct investment (FDI) activities in India?

FDI is allowed up to 100 percent for all manufacturing industries, except: • Arms and ammunition, explosives and allied items of defense equipment, aircraft and warships; • Atomic substances; • Narcotics and psychotropic substances and...

Q&A

What are the incentives to operate in Indian special economic zones?

What are the incentives to operate in Indian special economic zones?

Benefits and facilities offered in these zones are: Duty free import/ domestic procurement of goods for the development, operation and maintenance of Special Economic Zones units; 100 percent income tax exemption on export income for Special Econ...

Q&A

How many types of special economic zones are there in Vietnam?

How many types of special economic zones are there in Vietnam?

There are 4 types of development zones in China: Industrial Zones; Economic Zones; Export-Processing Zones; and High-tech Zones.

Q&A

What are industrial zones in Vietnam?

What are industrial zones in Vietnam?

These zones are tailored for manufacturing of goods and services supplementing thereto. In general, investment incentives, such as land rental exemptions or reductions, are offered. If the zone in question is located in “difficult socio-economi...

Q&A

What advantages are there for economic zones in Vietnam?

What advantages are there for economic zones in Vietnam?

For economic zones that are located in “especially difficult socio-economic conditions”, the benefits and incentives that investors enjoy in economic zones are equivalent to Industrial Zones and High-Tech Zones in the same conditions. Ot...

Q&A

What are the advantages of export-processing zones in Vietnam?

What are the advantages of export-processing zones in Vietnam?

Export-processing zones are industrial zones that focus on manufacturing goods for export and providing services therefor. The main advantages of export-processing zones include tax incentives, lower land rentals, exemption of import, export and valu...

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