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Q&A

What are the differences between economic and technological development zones an...

What are the differences between economic and technological development zones an...

Indeed, both zones have a focus on technology. However, High-Tech Industrial Development Zones have a specific scope to commercialize research and development and encourage technological industries to innovate by handing out additional incentives. Al...

Q&A

What are free trade zones in China?

What are free trade zones in China?

They are areas designated for export and international trade. They generally include industrial parks, bonded warehouses and export processing zones. Furthermore, the founding of Free Trade Zones is normally based on free trade agreements signed betw...

Q&A

What are export-processing zones in China?

What are export-processing zones in China?

Export-Processing Zones are essentially smaller and simplified Free Trade Zones – generally located within a development zone for the purpose of export processing. The keys advantages for Export-Processing Zones are that companies can be exempt...

Q&A

What are the pros and cons of bonded logistics zones in China?

What are the pros and cons of bonded logistics zones in China?

Bonded Logistics Zones are areas where specific logistic activities are subject to a unique set of customs and duties. The rent of these zones, in general, stands high. They are to be used as storage, certain processing, exhibition of goods by foreig...

Q&A

What are cross-border economic zones in China?

What are cross-border economic zones in China?

They are designed to develop trade and export processing industries at China’s border areas. Usually, cooperation zones and/or joint projects with the neighboring countries are to be found. Preferential tax treatments, such as special value-add...

Q&A

Why should we utilize Indian special economic zones?

Why should we utilize Indian special economic zones?

With the Special Economic Zones Act 2005 and Special Economic Zones rules in place, the streamlined and simplified Indian Special Economic Zones provide the following advantages: Generation of additional economic activities; Promotion of export g...

Q&A

What kinds of special economic zones are there in India and what can a foreign e...

What kinds of special economic zones are there in India and what can a foreign e...

There are 4 of them: Special Economic Zones for Multiple Sectors – They are areas where manufacturing, trading and warehousing business may be set up within two or more sectors; Special Economic Zones for Specific Sectors – They are s...

Q&A

What are the land requirements on setting up a business in Indian special econom...

What are the land requirements on setting up a business in Indian special econom...

The zones are subject to the following conditions: Special Economic Zones for Multiple Sectors – Area rent out must be more than 1,000 hectares with 50% or above being industrial area; Special Economic Zones for Specific Sectors – Are...

Q&A

Is there any advice for conducting business in Indian special economic zones?

Is there any advice for conducting business in Indian special economic zones?

Here are a couple of advices: Indian authorities love seeking paper-work discrepancies. So, make sure all your documents and manifests are precise and correctly labeled. Hire an import-export expert if necessary. Some Zones are operated privately...

Q&A

What are the permitted foreign direct investment (FDI) activities in India?

What are the permitted foreign direct investment (FDI) activities in India?

FDI is allowed up to 100 percent for all manufacturing industries, except: • Arms and ammunition, explosives and allied items of defense equipment, aircraft and warships; • Atomic substances; • Narcotics and psychotropic substances and...

Q&A

What are the incentives to operate in Indian special economic zones?

What are the incentives to operate in Indian special economic zones?

Benefits and facilities offered in these zones are: Duty free import/ domestic procurement of goods for the development, operation and maintenance of Special Economic Zones units; 100 percent income tax exemption on export income for Special Econ...

Q&A

How many types of special economic zones are there in Vietnam?

How many types of special economic zones are there in Vietnam?

There are 4 types of development zones in China: Industrial Zones; Economic Zones; Export-Processing Zones; and High-tech Zones.

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