Doing Business in ASEAN

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Many business people find ASEAN presents an enticing investment opportunity. The ASEAN member nations have a combined GDP of over USD670 billion and a consumer base of half a billion people, mostly young and increasingly well educated The best business opportunities in the world may be found in such a setting. The recent development of ASEAN-China and ASEAN-India Free Trade Area presents a combined GDP of USD1.8 trillion and consumer base of 1.8 billion making this free trade area the largest in the world while ASEAN-India Free Trade Area presents a GDP of USD1.8 trillion and a consumer based of 1.6 billion. This book featured doing business in ASEAN; a compilation of procedures and essential information about business operation and opportunities found in the main six ASEAN member countries namely Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam. It provides the specific steps needed to set up an operation in those countries and their respective import and export regimes. Details of the tax regime, incentives offered and where to applied, customs requirements and practices are also provided. Doing Business in Asean will also helps the reader to understand the background of ASEAN Free Trade Area and the trade development schemes such as ASEAN Investment Area, ASEAN Framework Agreement on Trade in Services, ASEAN Dispute Mechanism, ASEAN + 3, ASEAN Industrial Cooperation, ASEAN Economic Community and others that it has adopted. In this addition, it also highlight the two major Free Trade Area arrangement between ASEAN - China and ASEAN- India. As AFTA operates within a global world order, the operating principles and programmes of the World Trade Organisation isalso included. This edition specifically designed to aid business leaders such as Chief Executive Officer, Managing Director, General Manager, Export / Marketing/ Finance / Logistic / Sales Manager / Legal Advisor makes informed decisions about investment opportunities and regulatory procedures to operate effectively in ASEAN. ESSENTIAL TOPICS THAT ARE COVERED IN THE BOOK: DOING BUSINESS IN INDONESIA, MALAYSIA, PHILIPPINES, SINGAPORE, THAILAND & VIETNAM Setting up operation, Reporting requirement, Tax regime, Incentives & where to apply for them, Banking, Trade, Expatriate employment ASEAN FREE TRADE AREA Common Effective Preferential Tariff , ASEAN Industrial Cooperation ASEAN Investment Area , ASEAN Framework Agreement on Trade in Services , ASEAN + 3, ASEAN Economic Community , ASEAN & other trade groupings ASEAN CHINA FREE TRADE AREA Framework Agreement on Comprehensive Economic Cooperation, Early Harvest Programme , Normal track, Sensitive track, Rule of Origins , Services Investment, Application for preferential tariff INDIA-AFTA REGIONAL TRADE AND INVESTMENT AREA Objectives of RTIA, Free Trade Area in goods, services and investment, Early Harvest Programme , Others areas of cooperation, Other non-EHP goods, Normal track, Sensitive track WORLD TRADE ORGANISATION General Agreement on Tariffs & Trade , General Agreement on Trade & Services , Agricultural Agreement, Multifibre Agreement , Trade-Related Aspects of Intellectual Property Rights , Non tariff barriers, Anti-dumping agreement