The legislation of developing countries, as a rule, is aimed at attracting foreign investment. However, laws and business traditions often contain their "pitfalls". We talk about life hacks that will help you swim through these stones and not run aground.
The success of businesses depends on many factors, but one of the key ones is the choice of region. The location can determine how profitable and sustainable the project will be.
Opening a bank account abroad is a pressing issue for many Russian citizens, especially given the restrictions on international transactions.
Saudi Arabia boasts a sophisticated and modern banking infrastructure, considered one of the strongest in the Middle East. The banking sector is developing with an emphasis on innovation, a harmonious combination of traditional Islamic banking principles and advanced technology, which provides a reliable financial environment.
Georgia is a business and investment friendly country. Banking is one of the fastest growing sectors in the Georgian economy.
Georgia is a promising destination for starting a business and investing. The country strives for international standards and regularly works to improve its economic climate.
South Africa boasts one of the most robust banking sectors on the continent. It drives economic growth, supports businesses and promotes financial inclusion. The South African banking system has its own unique characteristics and has made significant strides in the implementation of new technologies over the past decade.
Qatar has experienced impressive economic growth over the past few decades, largely due to revenues from natural gas and oil production. For this reason, the country has been increasingly upgrading its financial and banking system to make it more efficient and secure.
Thailand is a promising destination for doing business and investing. The key point is opening a bank account in this country. It is important for foreign entrepreneurs to familiarize themselves with the specifics of the banking system in Thailand and learn all the nuances before starting their business here.
Successful business management in the UAE requires an understanding of the local banking system and its peculiarities. The process of opening accounts, documentation requirements and tax nuances here have their own rules, which are important to familiarize yourself with in advance.
Tunisia has always been a bridge between Europe, Africa and the Middle East. Opening your own company in Tunisia provides an excellent opportunity to enter the international business arena and invest capital profitably.
Issues of working with counterparties from unfriendly countries have become relevant for some Russian companies. In response to economic sanctions and political events, Russia has taken measures to limit or control transactions with such countries.
I am Pavel Patrikeev, co-founder of the legal service for entrepreneurs in the IT and e-commerce sector "Patrikeev and Partners" and I will tell you what preferences SEZ residents receive and what is needed to become one of them.