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.
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.
If you are considering a region of South America for your business, Colombia's flexible legal system makes the country an excellent choice for entrepreneurs.
Bolivia is one of the South American countries that is extremely rich in natural resources. Opening a company in Bolivia is an interesting opportunity for many investors and entrepreneurs, as the country is experiencing increased trade and improved business opportunities.
Thailand has always been one of the most attractive places to do business in the Southeast Asian region. It is at the center of economic and business interactions among ASEAN member countries, with a wide range of customers and business opportunities.
The Democratic Republic of Congo (DRC) has the potential to soon become Africa's richest economy due to its abundance of mineral deposits such as copper, cobalt, gold, diamonds, zinc, iron and uranium. The DRC is also home to the second-largest freshwater river after the Amazon, as well as the second-largest rainforest in the world.
Laos is a Southeast Asian country that offers a wide range of opportunities for foreign investors looking to set up business here. It is one of the fastest growing economies in Southeast Asia, with a GDP growth rate of 7% over the past two decades.