Somit Kapoor is an Indian businessmen dealing in manufacturing of antique designer jewels. He has retail shops across all major cities in India. He wants to diversify his business geographically and plans to open retail

For the purpose of making investment overseas and choosing location outside India, the following issues should be considered by Mr. Somit Kapoor: 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. Economic aspects: Ease of doing business: entering, establishing, restructuring and closing the business, visa availability; Cost of doing business: return on investment computations vis-à-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 FATCA, TRC etc. Political aspects: Friendly country, MFN status; Long standing and established legislative precedents with companies going through regulatory recourse; Their relations with nearing countries and neighbours and your country. Social aspects: Trade bodies, interaction between commercial entities of both nations; Expatriate-friendliness of the nation for relocation key employee personnel. 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 coastal issues like infrastructure, geography, time zone, political, considerations/conditions, safety of investment, 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.