This edition of Doing business in Asia Pacific,
edited by Michael Joyce, is the latest in a series which has
addressed business needs in the region over much of the past
decade. It reports on the business environment in Australia, China,
Hong Kong, India, Indonesia, Japan, Malaysia, Singapore, South
Korea, Taiwan and Thailand.
Doing business anywhere in the Asia Pacific region is
extraordinary. At times the challenges can be immense, but so too
the rewards. The region is dynamic, entrepreneurial and, now, fully
entitled to claim its place on the world stage as the principal
driver of global economic and business growth. There is nothing
than can compare with the excitement of concluding a successful
transaction in any one of the jurisdictions here. One deal leads to
another. Relationships accumulate layer upon layer of knowledge and
We have been active here for several decades now. Each year, for
the last five years, we have published a comprehensive guide to
doing business in the region. All the facts are here. We cover
visas and work permits, types of business entity, the business
environment, policy on foreign investment, government initiatives,
government incentives, taxation, the workplace, health and safety,
and the means to forestall or resolve a dispute.
This new edition of Doing business in Asia Pacific
bundles up our local market knowledge, our emphasis on quality and
our geographic reach to provide you with a key reference source. We
wish you great success in all your business dealings in Asia
The Australian Government has recently passed legislation that has clarified and widened the definition of managed investment trusts (MITs) to apply to certain unregistered wholesale funds and government owned funds in respect of the withholding tax concession. This amended definition will also be relevant for trusts making the capital account election. These recent changes should attract further foreign investment in Australian funds, assist Australian fund managers to compete with fund manager
Organisations are reviewing strategic directions and many are opting for change to strengthen competitive positions..
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