Setting up and operating a business overseas is full of challenges, especially if you are doing it in a country that is new to you.
The Doing Business series of reports is published annually by The World Bank, especially for the guidance of those interested in doing business overseas. It is intended to answer some of the important, broad questions that may arise.
Russell Bedford International has been a 'global partner' in the World Bank's Doing Business annual projects since 2009, with Russell Bedford member firms contributing data on tax regulation, compliance and the real tax burden on businesses and entrepreneurs.
The following reports* provide information which is current as of 1 June 2019, except for the Paying Taxes indicators, which cover the period January-December 2018.
National Doing Business reports shed light on how easy or difficult it is for an entrepreneur to open and run a business when complying with relevant regulations. They measure and track changes in regulations affecting 11 areas in the life cycle of a business, including: starting a business, registering property, getting credit, paying taxes and trading across borders.
Doing Business in Asia Webinar Series
In the first webinar of the series, listeners heard from Van Anh Thai, a partner at Russell Bedford KTC (Vietnam), who shared information to help foreign investors capitalise on emerging opportunities in Vietnam. Van Anh also shed some light on:
In the second webinar of the series, listeners heard from Wong Kok Siong, partner at Steven Tan Russell Bedford PAC (Singapore), in a webinar based on Doing Business in Singapore.
Consistently ranked number one or two for world’s easiest place to do business by the World Bank, Singapore has always been a popular gateway for investing in Asia. Its development into a financial, logistics and transport hub with a transparent legal and regulatory framework are just some reasons that make it appealing.
In the third webinar of this Doing Business in Asia series, listeners learned about the business environment in Malaysia. Click below to watch the recording.
Doing Business in Australia
Regional Doing Business reports capture differences in business regulations and their enforcement across countries in a single region.