International Business Opportunities

With China turning into a global business hub, 77 business students from the Netherlands just got some first-hand experience in intercultural differences and business approaches.
full story

United Arab Emirates and Netherlands signed yesterday in Abu Dhabi a double taxation avoidance agreement.

The agreement means that companies will pay tax only in their home country, avoiding double taxation. Tax waiver agreements exempt countries from paying tax on income and capital in both countries.

The minister said the pact would enhance bilateral economic, commercial and tourism relations and would accelerate the flow of investments into the two countries.
(source)

A study by KPMG found that Singapore is the cheapest country, among the major industrialised nations, to run a business.
The bi-annual study is based on the costs of setting up and running businesses across different industries over a 10-year cycle.

The research - which covers 128 cities in nine countries, takes into account key factors such as wages, business taxes, rent, and energy costs.

Average wages lower in Singapore than in the other nations included in the study, pushed the Asian country at the top of this cost-competitiveness league, as labour costs are the most important factor for businesses when deciding where to locate their operations, the KPMG report explained.

Below the cost-competitiveness league (Source: KPMG-2006)
1- Singapore
2- Canada
3- France
4- Netherlands
5- Italy
6- United Kingdom
7- United States
8- Japan
9- Germany