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Kind regards, Chris Devonshire-EllisSince China’s economic reforms in the late 1970s,
Asia’s investment landscape has changed. World
Trade Organization rules and the advent of a
fair global trading system have undoubtedly
contributed to this, as have
regional trade blocs such as
the ten-country Association
of Southeast Asian Nations
(ASEAN).
These developments have
enabled Asia’s place within
global trade tobecomemore
pronounced. Part of this is
driven by demographics, as
large numbers of relatively
low-cost workers come into
the labor pool and can assist
with manufacturing competitive products, both
for the local Asian and overseas markets. Coupled
with this is the region’s growingmiddle class, which
creates a consumer dynamic that is attractive
for foreign investment. As a result, there are now
numerous locations in Asia where a foreign entity
can run a successful business.
In this issue of Asia Briefing Magazine, we have
set out to produce a guide to investing and
establishing a business in Asia, focusing on the
markets of China, India and Vietnam. We begin by
analyzing how investment is
treated in specific industries
across these three countries.
We then take a look at the
investment vehicles that
a foreign business can
select, with an emphasis on
representative offices (ROs)
and liaison offices (LOs).
Finally, we highlight the
various forms of taxation that
a foreign company should be
aware of when entering the
Asian market.
With our experience across Asia, Dezan Shira
& Associates is well positioned to help foreign
businesses expand their operations to anywhere
in the region. We hope that this issue can serve as
a good starting point.
This Month’s Cover Art GoudL154 K. LAXMA GOUD 119.4 x 132.1cm, Gouache on Paper Delhi Art Gallery www.delhiartgallery.comIntroduction
All materials and contents
© 2015 Asia Briefing Ltd.
For queries regarding the content of
this magazine, please contact:
editor@asiabriefing.comReference
Asia Briefing and related titles
are produced by Asia Briefing Ltd.,
a wholly owned subsidiary of
Dezan Shira Group.
Content is provided by
Dezan Shira & Associates.
No liability may be accepted for any
of the contents of this publication.
Readers are strongly advised to seek
professional advice when actively
looking to implement suggestions
made within this publication.
Chris Devonshire-Ellis Chairman Dezan Shira & Associates