Posts tagged as:

international business

International Business Travel and Opportunities: Have You Ever Been to Central Asia?

by Noobpreneur on October 20, 2008

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I actually love traveling. However, my business and work chain my leg to the office - Living the 4-Hour Workweek’s Tim Ferriss way is a vision and dream yet to achieve :)

When the time comes, there are places I am eager to visit, either for business and leisure.

If you are a budding entrepreneur look to invest overseas, I suggest you to consider the Central Asia region.

Investing in the Silk Road and ex-Soviet Union members

Central Asia travel, either for business or leisure, is interesting and fascinating.

Kazakhstan, Kyrgyzstan, Turkmenistan, Tajikistan, Azerbaijan, Armenia, Georgia and Uzbekistan travel destinations and business prospects are, in my opinion, underrated.

Known for oil and gas wealth, the Central Asia region is full of potential, mainly dominated by investors from Russia - the world’s largest natural gas producer. It is about time for small(er) investors to partner with local businesses.

Overall, the Central Asia is growing constantly, since the spin-offs from the Soviet Union.

I suggest you to partner with local representatives that can aid you in business deals with local businesses, as well as helping you to understand the people’s customaries, as well as business customs and other business-related issues.

Traveling in Central Asia

Of course, in-between your business dealings and negotiations, there are plenty of places of interest to visit and local delicacies to savour.

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International Business - Understand International Tax Law Might Save You a Headache (and Money)

by Noobpreneur on October 1, 2008

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International business is truly a complex and exciting way to do business.

However, you might already understand that businesses always involve tax issues, and doing business overseas adds the complexity of tax issues. Such tax issues include tax law, such as export-import tax laws, local area tax regulations, and other tax issues.

You need to have as much tax law help as possible

Understanding international tax law is one of the key success factors in determining your success in doing business in other countries.

You certainly need all the help you can, as you definitely not knowing the details of local area tax issues, no matter how expert you are in international business.

Have international tax law specialist as your team member

I recommend you to look for international tax law specialists, to join your international business team.

Why forming a team? What is a team, actually?

Your team is not only your internal management team. Your team involves lawyers, public accountants, and tax consultants, to name a few.

Having a complete team with a tax consultant specialising in international tax law will aid you in your go international business mission.

How to choose an international tax law specialist

Basically, you are recommended to choose an international tax law specialist that:

Has dealt with clients that are successfully go international
Has dealt with local authorities overseas, focusing on the country you target your business expansion to.
Has a local area partner overseas.

If you have any other ideas, please add to the list :)

Good luck going international.

Ivan Widjaya
International business

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