Asia has a very rich cultural heritage that has been carefully carried out throughout the centuries of history. Today, Asia is very attractive to international investors as it has several major economies as well as several special areas with thriving economies and favorable tax regimes.
Below is our top list of international investment jurisdictions in Asia.
Hong Kong Modern Hong Kong can boast a free market economy that relies heavily on international trade, the financial sector, the volume of exports/imports including a fairly large proportion of re-exports. Hong Kong imposes zero tariffs on imported items. In addition, only four categories of goods are subject to excise duty: strong liquor, tobacco, hydrocarbon oil and methyl-based alcohol. Currently, Hong Kong has no quotas on import/export of anything. The Hong Kong government continues to peg the local currency (Hong Kong dollar) closely to the US dollar, supporting an agreement dating back to 1983.
The local government is actively developing the Special Administrative Region (SAR) to make it a desirable target for the mainland Chinese renminbi to achieve its internationalization in the business world. Local residents are allowed to open savings accounts in RMB currency; In addition, corporate and Chinese government bonds were publicly issued in RMB currency in Hong Kong; and currently in the private and public sectors, settlement of RMB agreements is permitted. The Hong Kong government is currently trying hard to increase the additional RMB investment in Hong Kong’s financial markets and is looking for a way to greatly increase the RMB quota.
Macau Since establishing its local casino industry hotspot in 2001, Macau has managed to attract tens of billions of dollars in international investment and fully transform the area into one of the largest global gambling hotspots. Macau’s gambling and tourism industries have been heavily impacted by China’s decision to ease travel restrictions on Chinese nationals looking for an opportunity to visit Macau. In 2016, Macau’s gambling taxes were estimated to account for over 76% of total budget revenue.
Macau’s economy suffered quite a bit in 2009. It was the result of a global economic crisis, but rapid economic growth continued somewhere into 2013. In 2015, Macau hosted about 31 million tourists with a city population of 646,800 people. About 68% came from mainland China. Services rendered, mainly gambling, have boosted Macau’s economic output several times. Recently, however, the anti-corruption campaign carried out by the Chinese mainland government has slightly affected Macau’s gaming industry.
Singapore Singapore currently has a prosperous, well-developed, free-market oriented economy. The Singapore government has done very little to achieve an open and almost 100% corruption-free governmental and business environment, as well as a strong economy and a fairly competitive (even by Western standards) per capita GDP. Employment rates are extremely high, while Singapore’s budget mainly relies on exports, particularly consumer goods and electronics, IT software, medical technology and devices, pharmaceuticals, as well as a buoyant business, banking and finance industry.
Singapore is a popular destination for many international investors and entrepreneurs, especially in certain industries. According to financial analysis data, it will continue to develop and become the most important business and high-tech hotspot in the Pacific Rim. Singapore is a proud member of the 12-nation Trans-Pacific Partnership Free Trade Agreement. It is also part of the Regional Comprehensive Economic Partnership Agreement. Singapore founded the ASEAN Economic Community together with the other ASEAN participants in 2015.
China Starting back in the late 70s, China has been working on it’s economy and market, rapidly going from internal government controlled closed market, to more liberal, open government planned system with profoundly internal market-oriented economy, leading to an increase of China’s impact on the global market. By year 2010, China has turned into the largest global exporter. Changes and reforms have started with slowly abandoning collectively planned agriculture, developing to introduce free-market pricing, decentralizing taxation, granting more autonomy for government-owned companies, expansions of the private sector, fast development of stock markets and introduction of a modern banking system as well as China’s access to international trade and investment.
China did undergo a number of reforms lately. During last few decades, Chinese government has renewed its support for government-owned companies in industries, which are strategic for country’s security and development. Such decision was made specifically to boost certain industries and make them more competitive on a global market. Such change of economy and the following benefits have dramatically impacted to a China’s GDP making more than ten times increase since year 1978.
Taiwan Modern Taiwan has a prosperous free-market economy with overall decreasing government control over international investment and trade industries. Strategic production industries, such as production of electronics, machinery and petrochemicals, have given the major boost and factors necessary for rapid growth of economy. However, such factors as Taiwan’s diplomatic isolation, extremely low birth rate, and quickly aging population are several major long-term challenges that Taiwan’s government needs to face and solve.
The total population of Australia is 24,772,247 people. The people of Australia speak the English language. The linguistic diversity of Australia is diverse according to a fractionation scale, which for Australia is 0.3349. The average age is around 38.3 years. Life expectancy in Australia is 82.1. The female fertility rate in Australia is 1.9. About 27% of Australia's population is obese. Ethnic diversity is nearly uniform according to a fractionation scale, which is 0.0929 for Australia. Details of the language, religion, age, gender distribution and advancement of the people of Australia can be found in the sections below, as well as the section on education in the country.
Population In Australia, the population density is 2.8 people per square kilometer (7 per square mile). Based on these statistics, this country is considered very sparsely populated. The total population of Australia is 24,772,247 people. Australia has approximately 6,763,663 foreign immigrants. Immigrants in Australia account for 2.8 percent of the total number of immigrants worldwide. Immigrants in Australia account for 27.7 percent of the total number of immigrants worldwide. Australia's ethnic diversity is nearly uniform according to an ethnicity-based fractionation scale. Ethnic Fractionation (EF) deals with the number, size, socioeconomic distribution, and geographic location of diverse cultural groups, usually within a state or some other demarcated area. Specific cultural characteristics can refer to language, skin color, religion, ethnicity, customs and traditions, history, or other distinctive criteria, alone or in combination. These characteristics are often used for social exclusion and power monopolization. The index of ethnic fractionation in Australia is 0.0929. This means that the people living in Australia come from a narrow group of ethnicities, all related to one another. EF is usually measured as 1 minus the Herfindahl concentration index of ethnolinguistic group proportions, which reflects the probability that two randomly drawn individuals from the population belong to different groups. The theoretical maximum of EF of 1 means that each person belongs to a different group. Below are Australia statistics on average age and gender distribution at different ages.
Age The average age is around 38.3 years. The average age of men is 37.5 years and the average age of women is 39 years.
Gender The sex ratio, or number of males per female (estimated at birth), is 1.055. It can be further broken down into the following categories: sex ratio under 15 - 1.05; sex ratio from 15 to 64 - 1.03; sex ratio over 64 - 0.84; Overall sex ratio - 1. The overall sex ratio differs from the sex ratio estimated at birth. This is because some newborns are included in the sex ratio estimated at birth, but die within the first few weeks of life and are not included in the overall sex ratio.
Religion Australia's majority religion is Christianity, whose adherents make up 67.3% of all religious believers in the country. Christianity is an Abrahamic monotheistic religion based on the life and teachings of Jesus Christ as presented in the New Testament. Christianity is the largest religion in the world with over 2.4 billion followers known as Christians. Christians believe that Jesus is the Son of God and the Savior of mankind, whose coming as Christ or Messiah was prophesied in the Old Testament. Besides Christianity, there are several other religions in the country. Other religions in Australia are Islam, Hinduism, Buddhism, folk religions, Judaism. Australia's religious diversity is very diverse according to a fractionation scale based on the number of religions in Australia. The Index of Religious Fractionalization in Australia is 0.8211. This score means that several major religions in Australia coexist with each other and with some subordinate beliefs.
The development of telecommunications and economic globalization have made it possible for interested investors to set up companies all over the world. With proper research, financial investment and legal backing, business ventures can be safely incorporated in almost any country in the world. Building an international business used to be a complicated entrepreneurial venture, but today it is commonplace with the help of experienced legal and business advisors.
The advantages of founding a company abroad are as numerous as they are obvious. Many countries offer specific locational advantages, ranging from natural resources and well-established infrastructure to beneficial laws and regulations that encourage growth in a particular industry. Likewise, it can be difficult to start a business or an acquisition in your own country due to adverse situations: political or regulatory environment, lack of resources and more. In this situation, it makes sense to consider an overseas option that offers greater opportunities for growth, development, and success.
Company registration in Guadeloupe When starting a business in Guadeloupe, an interested investor must conduct due diligence on legal procedures, international regulations and sufficient investment for success. It is crucial to understand cultural, social and political factors that influence starting and growing one's business. Failure to do so may result in unintended consequences. Poorly researched and toneless international launches often end in disaster as time, money and energy is wasted due to poor planning.
Legal Documents Every country in the world presents its own intricate challenges when it comes to starting, developing and maintaining a business. Owners, financiers and investors must make these commitments with the support of a knowledgeable and experienced legal team. Only someone with in-depth knowledge of local and international corporate law will be able to set up an overseas business while avoiding the pitfalls that plague many new businesses.
Additionally, smart business people can consider ways to invest in foreign companies without actually starting their own businesses. In these situations, it is still beneficial for the investor to partner with a knowledgeable global economics and litigation advisor. International investments create a truly diverse portfolio that offers growth opportunities that were unthinkable decades ago.
Potential investors, venture capitalists and entrepreneurs should consider the existing infrastructure in Guadeloupe when planning to start a new business. While extensive infrastructure and systems can help make the process of starting a business a smooth one, it could also represent market saturation and reduced growth potential. On the other hand, a lack of infrastructure is often a major obstacle to growth; However, the lack of infrastructure points to a clear market opening for a creative and efficient new business.
Opening a bank account in Guadeloupe In connection with the formation of a company, it is necessary to open one or more bank accounts in Guadeloupe. Confidus Solutions offers the ability to open a bank account in over twenty jurisdictions, making it easy for you to avoid challenging language barriers or bureaucratic hassles.
Virtual office in Guadeloupe Since a registered address is a necessity for international business, Confidus Solutions enables foreign investors to set up a virtual office in Guadeloupe. This address allows international entrepreneurs to accept mail, arrange for shipping and set up a registered bank account in their country of business.