The following Commercial guidance note Produced in partnership with Jonathan Edgelow & Lydia Sadler of Vedder Price provides comprehensive and up to date legal information covering:
Updated in February 2019
Crime and healthcare
Freedom of courts from political interference
Approach to bribery and corruption
Investment controls and local partners
Working hours and culture
Ability to hire and dismiss employees
Protection of assets
Repatriation of profits
Businesses in the current Internet age are becoming increasingly global. However, while business itself may transcend jurisdictional borders, every jurisdiction will maintain its own regulatory approach and will have its own customs and practices.
There may be increased political or legislative risks that should be taken into consideration by businesses before they commence operations in certain jurisdictions. These risks will vary from country to country and their perceived importance will also vary depending on the specific operating sector and associated concerns of each business.
This note sets out some of the key considerations for a business before it decides to commence operations in a new jurisdiction. There are many organisations that provide assessments of a jurisdiction’s performance in important areas. The Global Competitiveness Report prepared by the World Economic Form includes many of the below areas as key indicators when assessing the attractiveness of each country as a place to conduct business.
At the end of this note is a set of links to further chapters containing a more detailed analysis of the main legal issues for consideration when starting a business in certain key jurisdictions.
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