Doing Business in Canada 2012 Finding Opportunities and Avoiding Pitfalls Cover photo: Panoramic view of the City of Vancouver in British Columbia‚ Canada Doing Business in Canada 2012 Finding Opportunities and Avoiding Pitfalls mccarthy.ca Managing Editor Robert W. F. Stephenson IN MEMORIAM This annual publication‚ like the ones before it‚ was edited by Robert Stephenson‚ a partner in our Business Law Group in Toronto‚ who passed away on February 12‚ 2012. Robert’s law practice
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Doing Business in Saudi Arabia | Saudi Arabian Social and Business Culture A Saudi Arabian Culture Overview Official name – Kingdom of Saudi Arabia Population – 28‚ 686‚ 633 note: includes 5‚576‚076 non-nationals* Official Language – Arabic Currency – Saudi riyal (SAR) Capital city – Riyadh GDP – purchasing power parity $582.8 billion* GDP Per Capita - purchasing power parity $20‚700* Overview A kingdom founded upon and unified by Islam‚ Saudi Arabia has fascinated travellers for centuries. From
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Doing Business in South Africa Introduction The South African culture compromise of: black Afrikaans ‚ white Afrikaans‚ mixed-race Afrikaans‚ Asian-Indian‚ White Chinese-Taiwanese (Koopman & van Muijen 1994). The black Afrikaans are the majority race in South Africa. The Zulu nation makes up the majority in the black Afrikaans‚ The white Afrikaans are the minority race and have the majority of the power. The white Afrikaans are predominately from the English origin. The mixed-race Afrikaans
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internet in doing business Convenience Reduced or no face to face contact with the customer. The business schedules time for customer response rather than being at the demand of the customer ‚ as in telephone or face-to-face contact Business can attend to their customers at any time‚ not just during normal trading hours Via social network‚ business can not only communicate with customers quickly but also retrieve customers’ feedback immediately and directly. Savings No shop rent if business is only
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Executive Summary In order to successfully introduce a product into a foreign market it is important to know the culture of the country you plan to do business in. In order to introduce mobile handsets into a market like Venezuela‚ the supplier must be well acclimated with the purchasing habits‚ tastes‚ and willingness to purchase the product that is being sold. Understanding these things starts with building a knowledge base about the major aspects of the culture and your target consumer. With
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Dr. M. Al Amri &Co. Doing Business in Saudi Arabia Dr. M. Al Amri &Co. DOING BUSINESS IN SAUDI ARABIA Contents ________________________________________________ Page Preface General Information Geography and climate Population and language Government Currency and foreign exchange regulations The calendar and international time zone Business hours Public holidays 1 The Economy General Basic resources Principal industries Banks Other financial institutions Stock exchange
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Doing business in Germany and UK I.Germany Business background in Germany Germany is the largest national economy in Europe and the fourth-largest by nominal GDP in the world. In Germany much greater attention has been paid to academic technical education and its value to business in general. Therefore‚ companies tend to be run by technical experts rather than lawyers and accountants and that is why German engineers are highly respected people. Diligence and competence are characteristics
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Doing Business in the Visegrad Group : Czech Republic‚ Hungary‚ Poland and Slovakia Monika Chabanová Basic Information Czech Rebublic Capital City Surface Population Currency PRAGUE 78 867km² 10 505 445 Czech Koruna (CZK) Hungary BUDAPEST 93 036 km² 9 938 000 Forint (HUF) Poland WARSAW 312 685 km² 38 538 447 Zloty (PLN) Slovakia BRATISLAVA 49 035 km² 5 397 036 Euro (EUR) Official language Logo Czech Hungarian Polish Slovak Prime Minister Petr Nečas Viktor Orbán
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Risks in Doing Business in China E &Y China Key Points For multinational companies‚ China’s market has started to come of age. Despite the opportunities along with China’s WTO entry and opening up‚ doing business in China remains very challenging at the operational level for MNCs. Regulatory Risks Managing the regulatory environment remains a real issue for foreign firms operating in China. They have to learn how to deal with red tape‚ “guanxi (relationship)”
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widely regarded in Colombia as a clean‚ well-organized and economically vibrant community. Its people are hard-working and industrious. Major industries include coffee and flower export‚ information technology and hotel services. It is also the fashion capital of Colombia. Each year the "Feria de Las Flores" (Flower Festival) attracts visitors from all over South America for parades and conventions. The city’s fast and efficient metro is the only public transit subway system in Colombia. In culinary delights
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