Doing business in Asia Pacific
Kreston Global
Unlocking business potential by connecting ambitious global entrepreneurs with our accounting experts in 114 countries
Kreston Global capabilities in the Asia Pacific region are both geographically and commercially diverse. 21 exciting markets and locations are represented by 46 member firms with 146 offices and over 6, 000 professionals.
This is the first edition of 'Doing Businesses in Asia-Pacific', written by Kreston Global experts offering invaluable advice on navigating the market requirements in the region.
Click here to download your copy now or read the highlights below.
Investing in India
India was identified in recent research carried out by Kreston Global as one of the countries where entrepreneurs were the most likely to have expanded abroad.
India is a nation of 'interpreneurs' expanding outwards, it is also expected to attract $100 billion of foreign direct investment in 2023 inwards, with investor-friendly tax policies and attractive investment opportunities.
We spoke to Kreston Global expert Ganesh Ramaswamy in India about what the network needs to know about doing business in India.
Click here to read the full article
Investing in China
R&D tax incentives and policy to support foreign investment in post-Covid China during 2023 now make China significantly more appealing.
The recent growth target of around 5% is considered cautious by economists
given the stronger-than-expected economic activity in 2022.
Kreston Global research also revealed that the Chinese market developed the most outwardly-investing global entrepreneurs or "interpreneurs" than any other country surveyed.
Kreston Global experts Yiwen Ping from Zhonghou CPAs and Susan Li from Brighture share their predictions for investment trends, shed some light on this ambitious market and explain how foreign investors can profit from doing business in China.
Click here to read the full article.
Asia Pacific news
R&D tax incentives in China
R&D tax incentives in China have been made a permanent policy by China’s State Council. Last month they announced the extension of supportive tax and fee policies that are aimed at incentivising innovation and supporting industries that were affected by the COVID-19 pandemic.
New Bangladesh firm
Kreston Global has welcomed new Bangladesh-based firm Howlader Maria & Co., (HmAC) to the Kreston network.
Visitor economy gives Thailand a boost for 2023
Thailand expects between 25 and 30 million foreign visitors, meaning about 70% of the pre-pandemic figures.
Vietnam tax guide
One-Page Vietnam Tax Guide for Companies
Investing in Australia
Doing business in Australia, with a highly skilled workforce, and preferential regional trade agreements coupled with robust tax planning is still appealing to investors, even with supply chain issues and inflation challenges.
Thriving sectors such as renewable energy, infrastructure, and real estate and sustainable investing, infrastructure, health care, and real estate are expected to shape the Australian investment landscape, providing potential opportunities for investors.
To shed light on these trends and insights, we spoke to Michael Goodrick, managing partner and Kamal Thakkar, partner at Kreston Stanley Williamson in Sydney.
Click here to read the full article.
ESG in Asia Pacific
Experts in our ESG committee highlight the progress of ESG in Hong Kong, China, Malaysia and Australia exploring the implications of new legislation and how it affects doing business in the region.
The Securities and Exchange Board of India (SEBI) has made it mandatory for the top 1000 listed companies to create a “business responsibility and sustainability report” as part of annual reporting.
Investing in Thailand
Excellent digital connectivity, a highly skilled labour force and an excellent standard of living, plus the Thai government’s comprehensive policies and investment incentives, including the Foreign Business Act of Thailand, make Thailand an attractive prospect for foreign investment.
We spoke to Manuel Olliver, CEO at Kreston GSiA Thailand to learn more about doing business in Thailand.
Click here to read the full article.