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 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.
Tropical climate, fast-growing market, high entry barrier for new companies, and a wealth of technological and financial opportunities are all reasons why entrepreneurs choose Indonesia to scale their existing businesses or launch pilot products.
How to do business in Indonesia? Just open a company! Indonesia offers attractive opportunities for foreign investors due to its large and young population, growing consumption rates, abundant natural resources and accessible labor force.
Serbia is one of the attractive jurisdictions for Russian citizens: in 2022 alone, the Russian diaspora in the country grew from 3.5 thousand to 200 thousand people. Among the advantages: a visa-free regime, ease of company registration, a warm attitude towards Russians (including after NATO's military aggression against Serbia, when the Russian Federation acted as a sympathetic side), Orthodox culture and, of course, the prospect of joining the European Union.
Sri Lanka is ideally located along the major shipping routes of South Asia and the Far East. Combined with an educated and inexpensive workforce, the country offers excellent investment opportunities for companies exploring new markets. Government incentives and a favorable tax regime make Sri Lanka a very attractive place to start a business. If you are a foreign entrepreneur and want to set up an office here, there are a few rules you need to know before registering your company.
Bosnia and Herzegovina is a country located in the heart of the Balkans and is part of the Western Balkans region of Southeastern Europe. Thanks to their history as part of the Yugoslav state, strong ties still exist between the Balkan countries, which provide excellent business opportunities.
In the new reality, Russian startups aimed at international markets began to actively look at Southeast Asia — in particular, Indonesia. The share of the middle class is growing here, and GDP is slowly but steadily increasing.
Little is said about this country yet: it is less fortunate than the LATAM region, which has been hotly discussed in recent months. The market here has not yet been attacked by “moved” businesses, and the audience demand is already high.
Zambia, located in the heart of South Africa, offers promising opportunities for foreign entrepreneurs looking to establish a presence in the region.
Bangladesh has become the top choice of countries for foreign investors to set up foreign companies due to its developing economy and huge local customer base. The introduction of various policies aimed at foreign investment, including tax exemption, simple registration procedures and many other reforms, has made the country a favorable place for business. In addition, Bangladesh allows the registration of 100% foreign-owned corporations (BIDA).
Over the past few years, the demand for the service of opening representative offices of companies from Russia in Kazakhstan has grown significantly. Companies from this country are not obliged to sell foreign currency earnings; they can receive payments from any foreign companies, and also enter into agreements with government agencies in Russian.