Business Culture in China: 10 Elements

  If the Shanghai Skyline, the disappearance of bicycles in the big cities or the success of luxury brands can make us believe that China has been transformed into the most important capitalist market in the world, reality is that, from a cultural viewpoint, there exist some values proceeding from a millennial culture, with strong rural roots, which mark deep ... Read More »

India Investment Guide

India permits 100% foreign equity in most industries. Companies setting up in export-processing zones or special economic zones, operating in electronic hardware or software technology parks, or operating as 100% export-oriented units also may be fully foreign owned. Foreign direct investment (FDI) in India is approved through two routes: automatic and government approval. The automatic route is the simplest for ... Read More »

Keys to negotiate in Brazil

  Brazil is the third emerging economy, after China and India, and the largest market in Latin America (about 40% of total). Here are some keys to negotiating with Brazilian companies: In the initial interviews Brazilians do not give many details and may even give confusing information; they expect the other party to do the same until some degree of ... Read More »

Russia Investment Guide

  Russia Investment Guide: practical Guide from the Economist Intelligence Unit that includes a checklist of document required for a foreign legal entity (FLE) to open a representative office in Russia. Besides other issues about foreign investment in Russia are treated: Establishing a local company Requirements for a Joint Stock Company (JSC) Acquisition of an existing firm Acquisition of real ... Read More »

Main Changes in Incoterms 2010

The Incoterms 2010 rules have made some significant changes that will be in force, at least, till 2020. These changes include both the elimination and creation of new terms, modification of certain uses of the existing terms and adapting the rules to the operational logistics, Internet communications and security procedures that have been implemented at the borders of countries. A ... Read More »