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The logistics performance index of Belgium is 4.04. It indicates a good performance - the logistics system is well prepared and organised, shipments mostly arrive on time and do not suffer damage, and the infrastructure is ready to handle even unpredictably big amounts of traffic as long as it is not overwhelming.
Customs performance is rated at 3.8. It indicates a good performance - customs clearance is fast and effective, in some cases it may be at all absent (e.g. Schengen area borders), encouraging international business activity; the documents and fees needed are predictable and publicly available, as well as in some cases (mostly concerning visas) can be arranged at the customs office.
Infrastructure quality in Belgium is rated to be at 4.1. It indicates a good quality - roads, railroad, ports and other facilities are adapted and regularly maintained to handle high levels of traffic at all times, as well as most probably there are special facilities for handling high intensity and/or special traffic or vehicles (e.g. motorways a.k.a. autobahns and deepwater ports).
International shipment quality is 3.8. It indicates a good performance - the prices and the quality of international shipping services are quite good and attract foreign customers as a first choice when it comes to international transfers.
The competence of logistics service providers is valued at 4.11. The providers are very competent - they ensure a high quality of shipments and traffic handling at all times, and their performance is fast and reliabel; any mistakes that might happen are compensated for without question.
Tracking possibilities for shipments are rated at 4.11. It indicates a good performance - the tracking systems provide detailed and up-to-date information about most of the parameters of shipments, as well as often transcend national (both political and linguisitc) barriers and may be qualified as international shipment tracking systems.
Tracking possibilities for shipments are rated at 4.39. It indicates a good performance - shipments almost always arrive within the scheduled time brackets and often faster than expected.
In Belgium, 100% of the population has access to electricity. Belgium has 41 airports nationwide. There are 5,192,000 internet hosts in Belgium. The number of road motor vehicles per 1000 inhabitants in Belgium is 174.
Road network The total road length in Belgium is 154,012 km (95,719 miles). Out of them 1,756 km (1,091 miles) of roads are classified as motorways, freeways, or autobahns.
Gas price On average, you would pay 1.9 USD for one liter of gasoline in Belgium. One liter of diesel would cost 1.19 USD.
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Manufacturing is the largest economic sector in the world, which is also one of the most important, directly and indirectly accounting for a large part of all economic activity and all jobs worldwide. It processes items and is dedicated to either creating new goods or adding value by producing finished goods for sale to customers or intermediate goods to be used in the production process. After the industrial revolution that began in Britain a few centuries ago, labour-intensive textile production was successfully replaced by mechanization and the use of fuel. Today, manufacturing creates jobs, technological development and an increase in international investment.
For this reason, some jurisdictions are leveraging manufacturing output and value-added exports to increase their operations, business performance and revenue, and to address the challenges and opportunities that manufacturers face every day in conducting their businesses.
According to Deloitte's 2016 Global Manufacturing Competitiveness Index, China, the United States, Germany, Japan and South Korea are ranked as the top five most competitive manufacturing countries in the world. These countries generate about 60% of global manufacturing GDP.
China Canada and its provinces compete on a global scale for investments that result in low production costs, low wages for factory workers, and the adoption of globally popular product mandates. As a result, there are some significant trends in Chinese manufacturing that can easily be highlighted. These trends include creating a globally competitive, expansive manufacturing business model, helping to create a competitive business environment for manufacturing in China and increasing sales in domestic and overseas markets. This fact can encourage start-ups to grow, invest and compete with other successful manufacturing companies.
United States The United States is successful in attracting investment in many of the world's most active industries, such as aerospace, auto assembly, pharmaceuticals, to name a few. The USA has signed an agreement with Germany to implement a dual vocational training program for the advanced manufacturing sector. US business policies focus primarily on technology transfer, sustainability, monetary control, and science and innovation, giving manufacturing companies (automotive in Detroit and high-tech in Silicon Valley) a competitive advantage.
Germany Germany retains a relatively high share of manufacturing exports. The country provides long-term support in government-sponsored science labs and national programs created to foster manufacturing innovation in areas such as solar and wind power and renewable energy (renewable energy sources accounted for 28% of the country's electricity generation in 2014). In addition to an energy revolution in the manufacturing industry, the country is striving to phase out nuclear energy.
Japan Japan has a technology-intensive manufacturing sector that dominates the global manufacturing landscape in most advanced economies. The country maintains manufacturing competitiveness as there is a close link between manufacturing competitiveness and innovation. Japan has strong potential to become one of the most advanced manufacturing jurisdictions in the world. The Robot Revolution Realization Council was established in the country in 2014 as part of the Japan Revitalization Plan, introducing infrastructure and energy resources for next-generation vehicles. Japanese companies account for 50% of the global factory robot market.
South Korea As the world leader in the manufacture of liquid crystal displays (LCD), smartphones and memory chips, automobiles, and the world's largest shipbuilder, South Korea is actively pursuing growth in free trade agreements with more than 50 countries. The country invests heavily in education and produces a large number of researchers every year. It is also known that supporting manufacturing innovation in South Korea with venture capital investments to boost high-tech startups is identified as a strategic priority.
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Every year over USD 1 trillion is distributed worldwide in the form of foreign direct investment. Investments by foreign investors and entrepreneurs are of significant value to the country and are seen as a sign of a healthy economic, political and legal environment. When it comes to investing your money, some countries are simply better than others. It depends on numerous factors such as the country's overall economy and growth prospects, political stability, taxation and the overall legal system, the complexity of starting a business, opening an account and the workforce.
In this article, we summarize three jurisdictions in terms of benefits and other features crucial to foreign investors. These countries have already proven their ability to attract multinationals and other investments, but when it comes to choosing the right place to invest, each country is different and might be better than others in one or more factors.
Singapore The first country to be analyzed is Singapore, which ranks 2nd among the best countries for investment and 15th among the best countries in the world in the US News Best Countries Ranking developed in cooperation with its international partners .
Located in Southeast Asia, Singapore is a bustling metropolis and home to one of the busiest ports in the world. As one of Asia's four economic tigers, the country has experienced impressive growth in recent years thanks to efficient production and manufacturing processes and innovations in the pharmaceutical and electronics industries. High GDP per capita and low unemployment make Singapore one of the wealthiest countries in the world.
United Arab Emirates The United Arab Emirates or UAE is listed as the 22nd best country in the world and is not mentioned among the best countries for investment according to the above ranking.
Before the discovery of oil in the mid-20th century, the UAE's economy was mainly based on fishing and the pearling industry. The country experienced rapid growth and general transformation along with the start of oil exports in the 1960s. Today the country's GDP can be compared to that of leading European countries and the World Economic Forum has named the UAE the most competitive place in the Arab world.
When incorporating a company in the United Arab Emirates, foreign investors can choose between offshore or onshore registration, whichever is more suitable for the type of company and the activities planned. Onshore registration means that the investor establishes a business presence on the UAE mainland. Offshore registration usually refers to a business presence in one of the UAE's free trade zones. The UAE does not levy corporate income tax at the federal level. However, most Emirates have some corporate income taxation and can even reach 55% for certain industries. In practice, corporate income tax is mainly levied on gas and oil companies and branches of foreign banks. Other factors: The UAE is among the most liberal places in the Gulf with a legal system that allows freedom of religion; No sales tax or VAT but with plans to introduce it in the future; In addition to traditional banking, Islamic (or Sharia-compliant) banking has seen tremendous growth in recent times.
Hong Kong Hong Kong is a special administrative region of China. While Hong Kong is often considered as a separate entity from China, it is not a country and therefore enters all lists and rankings under the name of China. China takes 26th place among best countries to invest in and 20th place among best countries in general.
Hong Kong’s legal system is characterised by the strict adherence to principles and the rule of law. It operates a free trade economic system and promotes minimal government interference in most sections of the economy. This reflects on the small number of tariffs and duties on traded goods and therefore it is a better place for investments than other parts of China. Foreign investments are attracted by promoting a favourable investment climate with low taxes, few restrictions and additional incentives to encourage investments. Corporate profits tax rate is 16.5% with a possibility to waive 75% of the tax. There is no tax levied on dividends. Company incorporation is a simple and fast-forward process. All applications for company incorporation also include an application for the business registry. The application can be submitted online and the processing generally takes one hour (as opposed to four days if the application is submitted in hard copy).
Due to its impressive growth and increasing immigration, Singapore attracts the best professionals to its workforce. The country offers cultural diversity and, with four official languages, is an important gateway for international trade. The corporate tax rate is 17%, but it can be reduced by taking advantage of numerous government subsidies, incentives, and other programs. Singapore's legal system is known for its integrity, efficiency and fairness, making the country better than many as a place to start and operate a business. The World Bank Group has recognized Singapore's political and regulatory environment as the most business-friendly in the world. Other factors: Least Corrupt Country in Asia; Best IP protection in Asia; Most popular country for arbitration in Asia.
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The monthly minimum wage in Argentina is USD 495. According to a 2012 estimate, Argentina has a public debt equivalent to 118% of the country's gross domestic product (GDP). In relation to consumer prices, the inflation rate in Argentina is 20.8%. The currency of Argentina is the Argentine Peso. The plural form of the word Argentine peso is pesos. The symbol used for this currency is $ and is abbreviated as ARS. The Argentine peso is divided into centavos; There are 100 in one peso. Every year, consumers spend around US$406,677 million. The ratio of consumer spending to GDP in Argentina is 70.27%, and the ratio of consumer spending to world consumer market is 95%. Corporate income tax in Argentina is 35%. Personal income tax ranges from 9% to 35% depending on your specific situation and income level. The VAT in Argentina is 21%. In 2013, Argentina received US$178.9 million in foreign aid. In 2014, foreign aid totaled $86.9 million.
Gross domestic product The total Gross Domestic Product (GDP) calculated as Purchasing Power Parity (PPP) in Argentina is US$964 billion. The gross domestic product (GDP) calculated as purchasing power parity (PPP) per capita in Argentina was last at 21,578 US dollars. The PPP in Argentina is considered good compared to other countries. A good purchasing power parity indicator suggests that citizens in this country rarely find it difficult to buy local goods. Local goods can include food, shelter, clothing, healthcare, personal hygiene, essential furnishings, transportation and communications, laundry, and various types of insurance. Countries with good purchasing power parities are relatively safe locations for investments. The total gross domestic product (GDP) in Argentina is 579 billion. Based on this statistic, Argentina is considered a small economy. Countries with small economies generally support fewer industries and investment opportunities. However, worthwhile investment opportunities can be found. The gross domestic product (GDP) per capita in Argentina was last at 12,950 US dollars. The average citizen in Argentina has a lot of wealth. Countries with high wealth per capita employ highly skilled workers with competitive wages. Labor in wealthy countries is expensive compared to countries with lower GDP per capita. However, it is easy to find highly qualified workers in Argentina. The annual GDP growth rate in Argentina in 2014 was -1.7% on average. According to this percentage, Argentina is currently experiencing a significant decline. Countries that experience significant declines could see dramatic declines in personal consumption, employment rates, and personal income. A significant drop in GDP should alert investors that this location is high risk and should not be considered a safe place to invest.
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In Macedonia, the amount of alternative and nuclear energy consumed amounts to 3.4% of the total energy use. Macedonia emits 4.5 metric tons per capita of CO₂. The number of road motor vehicles per 1000 inhabitants in Macedonia is 28.
Forest Total land area of Macedonia is 25,713 km2 (approx. 9,928 mi²). 10285 km2 of Macedonia's territory is covered in forests. and forest land comprises 40% of all the land in the country.
Issues Macedonia faces As of now, Macedonia does not face any immediate concerns or dangers.
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Government expenditure on education is 11.3% of GDP. The education index of Kiribati is 0.602 - formal education levels in the country are average, but most of the population has a secondary school education at least; higher education is possible and not uncommon. People in Kiribati speak the Kiribati, and English languages.
English language In Kiribati, around 0% of the population or 23,000 people speak English. 23,000 of Kiribati's population use English as either foreign or second language.
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Confidentiality is a legal term in corporate law that refers to a level of privacy that companies can enjoy in order to keep certain information and documents secret. In many countries, a list of directors is publicly available. From a tax planning perspective, confidentiality is important. There is a very fine line between protecting and hiding assets, and this issue can be resolved by consulting professional and competent lawyers and accountants.
In many countries, you are legally required to declare all worldwide assets, including real estate, vehicles, business assets, cash, stocks and shares, etc., and based on this, the tax authority calculates the tax to be paid. This is the case, for example, in Russia. In Spain, non-residents only need to declare property and wealth in Spain and are not entitled to an exemption from wealth tax. In any case, many countries require individuals to fill out tax reports and failure to do so can result in financial penalties. Failure to provide a declaration may result from ignorance of how the process works.
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Zambia's logistics performance index is 2.46. It indicates mediocre performance - transit procedures are relatively unreliable, punctuality and safety of transported goods are often an issue, although such a system can work relatively well when traffic is not too heavy.
Inch performance is rated at 2.54. This indicates satisfactory performance - the customs clearance procedure is generally effective, although a long time can occasionally be a problem; the customs system certainly does not discourage international business activities; required documents and fees are generally publicly available.
The infrastructure quality in Zambia is rated at 2.31. It indicates mediocre quality - roads, railways, ports and other facilities are capable of handling some significant traffic, but not enough to ensure smooth transit at all times.
International broadcast quality is 2.13. It indicates a mediocre performance - the services provided are reasonably attractive to foreign customers, and the price is right up there with the quality, which is still not very competitive.
The competence of logistics service providers is rated at 2.47. The providers are of mediocre competence - they can ensure a certain quality of their services, sometimes even outstanding, although their overall performance can still be deficient in many aspects.
Tracking options for shipments are rated at 2.47. It indicates mediocre performance - the tracking systems provide some information, which usually includes the most necessary subjects, such as the current location of a shipment, the arrival and departure dates and the status of a shipment; however, there is usually a lack of more detailed information on the status and multilingual accessibility options.
Tracking options for shipments are rated at 2.91. This indicates satisfactory performance - most shipments arrive on time and within scheduled time frames; late arrivals are still possible, albeit uncommon.
In Zambia, 22.1% of the population have access to electricity. Zambia has 88 airports nationwide. There are 16,571 internet hosts in Zambia. The number of road motor vehicles per 1000 population in Zambia is 114.
Road network The total road length in Zambia is 40,454 km (25,142 miles). Of these, 0 km (0 miles) of roads are classified as freeways, dual carriageways, or freeways.
Gas price On average, a liter of petrol costs USD 1.68 in Zambia. A liter of diesel would cost $0.67.
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29.07.2024 13:48