OK, Asia Trade! But How?
You know the reasons to take your business to Asia...
- Customer pull
- Attractive market
- Competitive threat
- Operational efficiencies cost savings
- Shareholder/board push
But how to establish yourself successfully in the market?
- Where to incorporate – India/China or Hong Kong/Mauritius?
- Where should you be active - proximity to suppliers, raw materials; customers; ports and other related infra-structure; costs of land and staff; available incentives?
- Invoice locally or from New Zealand?
- Are you researching the market or are you committing to a larger scale operation?
- Production-oriented entity for goods/services or rep office?
- Is your sector fully open to foreign participation or do you need a local partner?
- Do you need to operate alone or do you need a local partner's expertise?
- Operate directly in Asia or via a distributor or other local party?
- How do you ensure that profits are quickly and efficiently sent to NZ?