Knowledge Central

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How to Expand Your Business Globally: Tips From the Experts

Imagine this scenario: It has been three years since you launched that killer product in the US. You’ve experienced exponential growth in sales. Your market research shows that demand for your product is strong in EU and ASEAN countries, and you consider expanding globally. Make Sure You Understand Challenges Associated with Expanding Globally Before you hop on a […]

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Attractiveness of Latin America for Global Expansion

Global expansion can provide asset diversification, a richer talent pool, access to countless new markets, and fantastic business opportunities.  However, the world is a big place and it can be difficult to decide which country to choose. Fortunately, there’s a strong case for doing business in Latin America. Here’s why.  Untapped LATAM Markets  The U.S. […]

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Employment Spotlight: Taiwan Labor Laws Highlights

Companies looking toward expansion into Asia should consider Taiwan as a first target market. The country ranks 19th out of 190 economies in ease of starting a business, averages six percent growth in the gross domestic product (GDP) over the last 30 years, is a major platform for trade with China, and serves as a logistics hub for the entire Asia […]

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Entity Set Up – a Hong Kong or a Singapore Company?

Hong Kong and Singapore have always been seen as two fierce competitors that try to attract foreign investments. Both are similar in many ways, and yet, individually possesses competitive advantages over the other. Hong Kong is a Special Administrative Region (“SAR”) of China. Under China’s “one country, two systems” concept, Hong Kong retains its owns judicial […]

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10 Accounting Trends Every Business Should Follow in 2020

With the advent of new technologies and innovations around the world, the global economic environment continues to evolve and thrive. Change, therefore, becomes the new constant. As change becomes a necessity for growth, organizations that continue to reshape their business processes and business model need to also be aware of the latest accounting trends.  Accounting […]

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Choosing a Regional Location for International Expansion

When expanding internationally, a company normally weighs the pros and cons of each country to decide which best suits their needs. However, gaining a foothold in the new market involves more than a single overarching decision. Foreign businesses also face an abundance of location choices within the country and it can sometimes seem overwhelming. Luckily, […]

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International Expansion of a Non-Governmental Organization or Nonprofit

A non-governmental organization or nonprofit faces unique challenges in addition to those routinely encountered by business expanding internationally. NGOs and nonprofits may offer economic, environmental or social benefits in regions which can directly or indirectly highlight governmental and political issues. Consequently, it can be tougher for the organization to penetrate the market, but it isn’t […]

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Factors to Consider When Deciding on an International Expansion Location

International expansion can help your business generate more revenue and gain market exposure. However, your success depends on choosing the ideal international expansion location. With so many countries available for international business expansion, how do you know which offer the best opportunities? Companies should consider the following factors when developing their business expansion strategy.  Business […]

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Employment Spotlight: Korea Labor Law Highlights

Global businesses have long had their eyes on Korea. According to the latest World Bank annual ratings, the country is now ranked number 4 among global economies for ease of doing business. Business-friendly policies, leading technological and digital infrastructure and unparalleled education system investments highlight its emergence as a top target for global expansion and investment. […]

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Benefits of Starting a Business Overseas

As the world economies become increasingly inter-connected, benefits of a company starting a business overseas are significant. Companies have recognized the need and opportunity to expand their product and services offering beyond their domestic shores. Through advancement in technologies, communication, and transportation infrastructure, it is now possible to overcome constraints that once limited global expansion. Some of […]

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Employment Spotlight: Hong Kong Labor Law Highlights

Hong Kong continues to be a favorable destination target for foreign businesses looking to expand into Asia. Despite its small size geographically, Hong Kong was ranked as the world’s 7th largest trading entity. For 2018 as a whole, Hong Kong’s GDP grew by 3% in real terms. It measures as one of the top five easiest […]

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East Asia is the World’s Largest Economy at $29.6 Trillion USD, Including 4 of the Top 25 Countries Globally

East Asia contains the following countries: China, Hong Kong, Japan, Macau, South Korea and Taiwan. Since the late 1970s, China has moved from a closed, centrally planned system to a more market-oriented one that plays a major global role. China accounts for 71.36% of East Asia’s GDP. According to the World Bank, “China has implemented reforms in a gradualist fashion, resulting […]

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