Birmingham is located in West Midlands in the U.K. It is the second most populous city and is referred as the second city of the U.K. It was the pioneer of the industrial revolution in England and has now developed into a commercial city. It is rated as the second best destination for investment in UK, to set up a business investing in patents everything a startup investor needs to know pdf. It is also ranks fourth in the tourism sector and has the second largest economy in the U.K.
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The city is linked conveniently via motorways and railways. The International Airport of Birmingham is one of the fastest expanding air bases in Britain investing in patents everything a startup investor needs to know pdf. It is also only a 90 minute journey to London via train. Hence, it is very easily accessible. Tourism and sightseeing is a major business in Birmingham. There are many popular tourist destinations here. They include Cadbury World in the Bourneville area, theaters and art centers. Museums such as Soho house and Sutton Park are also popular. There are also plenty of canals to explore in Birmingham and express trains to enjoy startup company
Good Option For Investment in UK
It has the Bullring shopping complex and House of Fraser and other retail showrooms which are an added attraction. Many tourists visit this city regularly and hence it is a good area for investment and future growth. Industries such as information technology, engineering, automobile manufacturing and telecommunication are prevalent here. Birmingham is also a leader in nanotechnology. World renowned brands such as Cadbury, Goodyear, Dunlop, Trebor Bassett and Deloitte have operations in the city of Birmingham investing in patents everything a startup investor needs to know pdf.
The automobile industry in Birmingham deals with full fledged manufacturing plants to design and support companies. Jaguar, the renowned car manufacturer, has a base here. Birmingham has a qualified workforce in this area. Precision engineering is also strength of this city and it has a significant workforce in this area. These sectors offer a lot of promise too. The financial sector is yet another booming sector in Birmingham. It ranks second to London in this arena. Price Water house Cooper has operations in Birmingham. This sector is growing and is a significant contributor to the city’s economy. This is thus a good area for foreign investment.
Birmingham has a highly developed telecommunication network in place. It is the leader in Wi-Fi services and also fiber optic networks. The city’s telecommunication sector is completely digital and is broadband enabled. Other services such as SDH, MPLS, and ATMs are easily accessible. Businesses can thus have access to all these advanced amenities, making this sector is a great option for investment.
Birmingham’s three universities also place importance on research. The Aston Science Park is a world class facility for businesses. The University of Birmingham Research Park has provisions for accommodation to businesses seeking to undertake research with the University. Hence, all research and research-related businesses can invest in these parks and benefit.
In short, Birmingham has a great infrastructure and telecommunication network which is a plus for all businesses. In addition, it has a strong transportation network and accessibility. So we can say that Birmingham is good investment destination in UK. These factors, coupled with the availability of a skilled workforce, make Birmingham a great area for foreign investment.…
The business risk faced by an investor when investing in a company is related to beautiful beaches, spicy culinary sensations and amazing shopping have long made Thailand a tourism mecca. For someone starting a business in Thailand these scenic and cultural attractions don’t hurt, but aren’t enough to seal the deal. Sound development incentives, attractive tax arrangements, clear government policies and transparent Thai business laws are critical.
The Business Risk Faced By An Investor When Investing In A Company Is Related To
In a nation marked by political unrest and changing social times, the challenge in attracting new business investment to Thailand requires new thinking according to Industry Minister Wannarat Channukul.
Like his political predecessors, he has vowed to change the country’s investment promotion strategies to improve Thailand’s regional and global competitiveness investment companies
New Strategy Needed to Boost Business Investment in Thailand: Minister
He believes a fundamental shift in the way the country’s Board of Investment offers privileges and incentives is critical. “We have to keep revising (privileges) to catch up with our pace of development. As well, we can see investors comparing rivals in the region before making decisions,” he said in a recent press interview.
Board of Investment
The BoI is an important reference for business advice in Thailand and the business risk faced by an investor when investing in a company is related to under Thai law has a key role in promoting foreign direct investment. It offers tax incentives and Thai business law exemptions to businesses which meet certain criteria.
Mr Wannarat said that for decades the BoI had offered incentives for investors making a business investment in Thailand’s lower-income provinces. However this had been a ‘hard sell’ as investors were more likely to start a production business in Thailand where there was existing infrastructure.
Newer industries such as renewable resources needed to be targeted as Thailand moved away from labour-intensive industries to higher-value production. This includes plans to increase biodiesel production to 8.5 million litres per day by 2012. This new fuel has a ready supply source in Thailand by way of palm oil – production has been tipped to reach 2.23 million tons.
Attracting foreign investment also relies on transparent laws and policies. According to one international law firm in Thailand, BSA Law, some of the main issues which concern prospective investors include:
• Foreign ownership laws. The Foreign Business Act is a key piece of Thai law which restricts certain business activities for foreign companies;
• Trademark and patent protection, which is covered by Thailand law;
• Corruption in business dealings, which under Thai business law and other foreign laws can lead to heavy fines and jail terms.
• Thailand work permits and Thai labor laws, which set minimum wages, working hours and conditions such as severance pay.
The Thai government has recently established a sustainable energy plan to secure the country’s energy needs.
Its rich agricultural and manufacturing base has this kingdom uniquely poised to establish itself as a leader in alternative energy production.
Providing better incentives for direct foreign the business risk faced by an investor when investing in a company is related to investment and more transparent foreign ownership laws (these are a minefield best negotiated with the help of a Thai law firm) can only be a step forward.…