Geography and culture:What are the cultural influences on business? What languages are spoken? What are the neighboring countries?
Investment environment:Are there diplomatic relations established with the country? What are the environmental requirements? Does the country welcome investment, and is it restricted in any way?
Investment incentives: Are there tax incentives for exports? Are there grants or subsidies? Are there national or regional tax incentives?
Financial facilities: What kind of financial institutions exist? What are the requirements for banking?
Exchange controls: Are there restrictions on direct investment? Is there a free determination of exchange rates? What are the restrictions on transfers of money in and out of the country?
Import/export regulations: Is the country a member of any trade treaties or of the European Commission? Are there restrictions on exports? Is an export license required? What are the foreign trade regulations?
Structures for doing business: How are companies structured? Are there limited liability opportunities?
Requirements for establishment of business: What are the antitrust laws? Alien business law? What government approvals and insurance are required?
Operation of the business: What are the accounting requirements? Costs of construction? Price controls? Business ethics? Trade associations?
Cessation or termination of business:What is required to close an operation? How long does it take? Does it need government approval?
Labor legislation, relations and supply:What are the employment regulations? Are there statutory benefits? What about trade unions? Is there a ready labor pool?
Tax on corporations and other entities: What are the major allowances? What are filing and payment requirements? What are the registration duties? What social security or other welfare contributions are required?
Tax on individuals: How is the taxable base determined? What are the filing requirements? What social security or other welfare contributions are required? What about stock options, savings plans, etc?
Tax on other legal bodies: How is the taxable base determined? What about capital gains, special tax themes, tax losses and territory rules?
General tax considerations: Are there ways to structure payments and the company in a favorable manner?
Immigration requirements: Are there immigration quotas? Are there banned countries? What is the duration of visas?
Expatriate employees:What are the costs for expatriates training, evacuation, protection, benefits, moving costs, tax liability, etc.?
Source: Darryl A. Weiss
Mary E. Medland is a freelance business writer based in Baltimore.
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