Technocom Ltd. is a company engaged in the business of communication and networking. The company specializes in providing solutions for virtual meetings, e-offices, digitization of records, etc. After getting good respon

Choosing business location is depends on the entry barriers in the governing law as some of the countries provide easy access to the businesses such as Property transfer, Reliability of electricity, Labor market regulation, Trade regulation and costs, Court efficiency, Creditors' rights, Credit information, Shareholders' rights, Tax regulation, Foreign direct investment, Overall business regulatory environment. However, the same can be categorised as under: A. Geographical Location of the Business Infrastructure (ports, airports, storage, specific storage types - such as cold-storage, secure storage); Access (transportation of goods, materials and personnel); Relevance to supply-chain: raw material sourcing, processing, despatch of finished produce); Availability of talent pool for productions (labour), services and management. B. Economic Aspects Ease of doing business: entering, establishing, restructuring and closing the business, visa availability; Cost of doing business: return on investment computations vis a-vis comparable locations; Laws relating to labour; Laws relating to taxation: investment allowances, subsidies, distribution of profits, repatriation of profits, withholding taxes, existence of double-taxation avoidance agreements, information sharing requirements such as Foreign Account Tax Compliance Act (FATCA), Tax Residency Certificate (TRC), etc. C. Political Aspects Friendly country, Most Favoured Nation (MFN) status; Long-standing and established legislative precedents with companies going through regulatory recourse; Their relations with nearing countries and neighbours and your country. D. Social Aspects Trade bodies, interaction between commercial entities of both nations; Expatriate-friendliness of the nation for relocating key employee personnel. E. Technological Aspects Intellectual property protection - create, maintain and extract IP at the location or provision thereof from another location to the nation with free entry and egress; Power, communication, telecom - availability, quality and cost issues like infrastructure, geography, time zone, political considerations/conditions, safety of investments, economic policy and stability of the country, culture and language have a critical bearing on the strategy for globalization. Value systems and institutions are also becoming increasingly important from a long-term perspective, in order to have the support of stakeholders. Ultimately, any chosen business strategy has to be executed within the parameters of legal and regulatory compliances. At the same time, it is necessary to factor in global tax costs and plan to the possible extent within the framework of law.