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10 Reasons to Invest in Europe, Eurasia & Africa ……. Read more>>>>> : www.investonce.co.cc WHY INVEST /10 Reasons to Invest in Europe, Eurasia & Africa / The World`s Leading Reformers The World Bank hails meteoric five-year rise from 112thin 2005 to 11th in the 2010 World Bank & IFC “Doing Business” Index as unprecedented. “Since the World Bank began keeping records,” says survey author Simeon Djankov, “no other country has made so many deep reforms in so many different areas so consistently.” Strategic Geographic Location these countries strategic location is an asset to any investor. As a bridge between Europe and Asia, country offers direct access to European, GCC and CIS markets. Its three major oil and gas pipelines, Black Sea ports, well-developed railway systems, together with its airports are playing an increasingly important role in linking the East and West. Stable Macroeconomic Environment Consistent macroeconomic policies are producing strong economic growth, with GDP increases of close to 10% before the crisis, reaching max of 12% in 2007. Despite the slowdown caused by the global financial crisis, real GDP growth rate was 6.4% in 2011. Liberal Trade Regimes The country has low tariffs, streamlined border clearance procedures and preferential trade regimes with major partners, including the EU, the U.S. and free trade with Turkey and CIS countries. They have been members of the WTO since the 60’s and have no quantitative restrictions on trade. Low Taxes Tax System can be summarized as “Fewer Taxes, Lower Rates”. Since 2004, the number of taxes was decreased from 21 to only 6 today. These improvements have made these countries one of the most attractive tax regimes globally. In 2008, Forbes Magazine designated the countries as the “4th, 5th, & 19th Least Tax-Burdened Country”. Simplified Licensing and Permitting Procedures The Government is working hardly to sustain future development of the Economy. New Financial and Economic acts have been adopted by the Parliament, which obviously will help to maintain strong economic growth Developing Infrastructure In order to further exploit the full potential of the strategic location and encourage foreign investment in the sector, the Government, in cooperation with private enterprises, continues to develop infrastructure – roads, railways, sea ports, and airports, while simplifying customs and other administrative procedures including licensing reforms. Business Friendly Environment has been rated as the world`s one of the best countries for doing business on the basis of its business infrastructure, financial, legal and professional services, and its low and simple tax system. The WB s report on Doing Business 2011 can easily prove these countries as one of the best destinations for investors. World`s Leader in Labor Freedom and Labor Force Literacy new Labor Code, hailed as one of the world s best in international rankings, reduces labor costs and gives greater freedom of contract to employers and employees. Simultaneously, they offer literate workforce, and very competitive prevailing wage rates. Diverse Investment Sectors With well-diversified investment sectors in energy, healthcare, agriculture, telecommunications, real estate & construction and infrastructure development, these countries are not simply another marketplace, it is a genuine opportunity. WHO WE ARE WE ARE BUSINESS ORIENTED INDIVIDUALS THAT HELPS POTENTIAL INVESTORS TO GET QUICK INVESTMENT INFORMATIONS ON THEIR PROPOSED PLANS ON INVESTMENT IN SOME COUNTRIES OF EUROPE, EURASIA AND AFRICA. WE ALSO HELP PASS INFORMATION ON INVESTMENTS IN VARIOUS FIELDS OF THE FAST GROWING ECONOMY OF SUCH COUNTRIES AS THE POTENTIAL INVESTOR WISHES. WE SAVE YOU TIME AND COST ON YOUR INVESTMENT OUT SOURCING. WE GET YOU THE BEST LIST OF INVESTMENT OPPORTUNITIES AND REGISTRATION PROCEDURE. El84r166@yahoo.com www.investonce.co.cc ADVANTAGES Assistance from the governments Availability of Free Trade Zones with no taxation Cheapest land cost in regions with government incentives Guaranteed Investments and investor’s safety No minimum investment portfolio. As low as $100,000 Non cumbersome immigration criteria and conditions Up to 12 month stay with no visa required Loan access with very low interests APPLYING FOR LICENSES & PERMITS All these countries as a regional hub and transit country, the ability to register for businesses and apply for licenses and permits quickly and without bureaucratic delays continues to be an essential component of attracting foreign investment. IN BRIEF 1. Simplified procedures, with statutory time limits. 2. Silence is Consent” prevents bureaucratic delays. 3. Required licenses & permits reduced by 84%. LAW ON LICENSES & PERMITS The Law on Licenses and Permits dramatically simplified licensing and permitting requirements to ease constraints on business. The total number of licenses and permits was reduced by 84%, in reforms that eliminated 756 licenses and permits and streamlined procedures. Many licenses were shifted to pure informational obligations, whereby a business can start operations and simply inform the authorities. Only 45 licenses and 52 permits now exist, which are reflected in the Law on Licenses and Permits. Licenses and permits can only be required for: Safety .and health protection Security of living conditions and cultural environment of individuals. Protection of state and public interests. KEY BENEFITS OF NEW LAW From 2005- 2010, these various governments implemented a number of reforms that improved the business climate and encouraged foreign investment. The role as a regional hub and transit country, the ability to register for businesses and apply for licenses and permits quickly and without bureaucratic delays continues to be an essential component of attracting foreign investment. HIGHLIGHTS OF THE REFORMS ARE BELOW: 1. ONE-STOP SHOP PRINCIPLE – the issuing agency is responsible for collecting all relevant information from different government agencies. 2. STATUTORY TIME LIMITS – the following statutory time limits are imposed: 30 days after filing an application for a decision on granting a license and 20 days after filing an application for issuing a permit. 3. SILENCE-IS-CONSENT RULE – if the agency fails to respond within defined statutory time limits, the license or permit is automatically granted. 4. UMBRELLA PRINCIPLE – general and special licenses are introduced and holder of a general license is not required to apply for a specialized license. Precisely one may carry out certain activities based on the general license and is not required to obtain licenses for each activity separately. REGULATORS INFORMATION Firms requiring a License or Permit to establish or operate their business activities should apply directly to the supervising regulator. Register the company at the National Agency and obtain an identification number and proof of state and tax registration Time to complete: 1 day / immediately Cost to complete: no charge Name of Agency: National Agency Comment: Registering the company requires filing the following documents: 1. Application for registration; 2. Permission of the owner of the premises address of which shall be used as a legal address of the company; 3. Document evidencing payment of a registration fee. Furthermore, application for registration must be signed in presence of a person authorized for company registration. Registration of a company shall be carried out upon submission of the above listed documents. All firms must register with the National Agency of the Public Registry of the Ministry of Justice (National Agency). In order to register, a firm must provide its Charter (Articles of Association, By- laws) or a Shareholders’ Agreement in which the founders may articulate the details of management and operation of the company. The Charter must be presented to the National Agency for the registration purposes and maintained on company premises. For foreign firms, documents executed outside Georgia must be translated, notarized and legalized or apostillized. Entrepreneurs and firms can either form their Branch Offices or choose from 6 legal forms when setting up their business, including: Cooperative Individual Entrepreneur General Partnership Limited Partnership Joint Stock Company Limited Liability Company IN BRIEF 1. Straight forward system for business startups 2. Registration process can be completed in 1 day. 3. Total cost to register/start a business is USD $150 – $10,000 INVESTMENT OPPORTUNITIES AVAILABLE IN ALL COUNTRIES ARE LISTED BELOW Tourism & Hotels Free Tourism zone Sports Complex Development of the Four Season Ski Resort Spa and Wellness Resort Real Estate Over 50 Government Properties For Sale And Highly Profitable For Investors, High returns on investments Apparel Apparel Sector Investments Agriculture Agriculture Sector from all perspective The Dairy Value Chain and Demo Farm Project Producer of Hatching Egg Wine Plants Over 5 (wine & whisky) plants to be sold and have nearness to raw materials. Less than 5-8 km distance. Agricultural chemical & animal feeds manufacture and sales Pharmaceutical Pharmaceutical Sector investments in all ramifications ICT ICT Investments from all perspective and study Light Manufacturing Light Manufacturing Sector Investments Automotive Automotive Sector Investments Heavy trucks and machinery manufacture Heavy equipments manufacture All Others Wood Processing Sector Herbs and Medical Plants Air transportation sector General transportation sector Banking sector General Manufacturing sector Mortgage & other financial sectors CONTACT: OLUWOLE INVESTMENT CONSULT FOR MORE INFOS El84r166@yahoo.com www.investonce.co.cc