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Q&A

What role does the manufacturing industry play in the growth of the Indonesian e...

What role does the manufacturing industry play in the growth of the Indonesian e...

The manufacturing industry counts for 24% of the country's GDP. This means that as of 2011, roughly 14.4 million out of a total of 250 million Indonesians work in this industry.  

Q&A

What are the predictions for the amount of economic growth in the manufacturing ...

What are the predictions for the amount of economic growth in the manufacturing ...

From 2006 to 2011, India's manufacturing sector has sustained a compound annual growth rate of 17.1% . At this rate, predictions are that by 2025, it could reach up to a value of US$ 1 trillion and account for 25-30% of India's overall GDP. It could ...

Q&A

What is an Early Harvest Scheme (EHS), and what role have they played in India?s...

What is an Early Harvest Scheme (EHS), and what role have they played in India?s...

An Early Harvest Scheme (EHS) is an agreement between two states (or regional trading blocs) which liberalizes tariffs on certain goods preceding the conclusion of a Free Trade Agreement (FTA). India is particularly fond of such EHS arrangements, and...

Q&A

Which regional economic blocs does India hold Free Trade Agreements (FTAs) with,...

Which regional economic blocs does India hold Free Trade Agreements (FTAs) with,...

India has concluded Free Trade Agreements (FTAs) with the 10 member states of the Association of South East Asian Nations (ASEAN) and the South Asian Association for Regional Cooperation (SAARC), an 8 member regional bloc with which India helped nego...

Q&A

What implications can India?s current and future Free Trade Agreements (FTAs) ha...

What implications can India?s current and future Free Trade Agreements (FTAs) ha...

Free Trade Agreements (FTAs) are complex arrangements for any country, and India’s tangled bureaucracy only increases its FTAs’ complexity. Whether an FTA impacts an investor depends on factors such as whether, and to what extent a given ...

Q&A

What are Double Tax Agreements (DTAs) and how might foreign investors in India b...

What are Double Tax Agreements (DTAs) and how might foreign investors in India b...

Double Tax Agreements (DTAs) are bilateral agreements under which two states formalize tax rates (for taxes ranging from corporate to withholding tax) for individuals and corporate entities. India has over 90 such arrangements with other countries. F...

Q&A

Why is Singapore such an important source of Foreign Direct Investment (FDI) int...

Why is Singapore such an important source of Foreign Direct Investment (FDI) int...

Singapore accounted for almost 25% of India’s total Foreign Direct Investment (FDI) in 2013-14. This large share is explained by a provision of Singapore Double Tax Agreement (DTA) with India – the Limitation of Benefit (LoB). The LoB pro...

Q&A

What requirements must be met to obtain a Production License in China?

What requirements must be met to obtain a Production License in China?

To obtain a Production License, an enterprise must: • Possess a business license, as well as technical personnel and production conditions suited to the product in question; • Have in place an effective system of inspection, qualit...

Q&A

What does China Energy Label (CEL) entail?

What does China Energy Label (CEL) entail?

In recent years, energy efficiency has become a greater focus of Chinese product regulations. The CEL is a system of compulsory certification for specified electronic devides, and is equivalent to the EU Energy Label. Introduced in 2005, CEL places p...

Q&A

What is the difference between "show business" and the "entertainment industry?"...

What is the difference between

There are a few critical structural differences between the West’s culture of “show business” and China’s administrative definition of the “entertainment industry” (娱乐业). Show business encompasses a plethora ...

Q&A

Why is business scope important when entering China?s entertainment industry?

Why is business scope important when entering China?s entertainment industry?

A company’s business scope is a one-sentence description of the industry or industries it is authorized to operate in. It defines a company’s operations in China and is important because there is a large legal risk of disingenuously opera...

Q&A

What did the 2014 VAT reform change for businesses in the entertainment industry...

What did the 2014 VAT reform change for businesses in the entertainment industry...

As of January 2014, taxation for “Modern Services” was made subject to Value-added Tax (VAT) rather than the previous Business Tax (BT). “Modern Services” includes radio, film and television production, distribution and broadc...

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