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A Quick Glance at the Canada-China Foreign Investment Promotion & Protection Agreement

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A Quick Glance at the Canada-China Foreign Investment Promotion & Protection Agreement Powered By Docstoc
					 A Quick Glance at the Canada-China Foreign Investment Promotion & Protection Agreement


With every country having different regulations for licensing taxes, compliance laws, and for data privacy, it is
important to be fully aware of the laws of that particular country before setting up a foreign operation. To protect
investors from arbitrary government actions, the Governments of Canada and China have signed a bilateral
investment treaty. Specific provisions of the treaty will be announced once it gets approved by the parliaments of
both the countries.


The Canada-China Foreign Investment Promotion and Protection Agreement (Canada-China FIPA) may include the
following provisions:


         A transparent process for issuing decisions or making laws that can affect investments and investors;
         Facility for easy transfer of funds generated from investments;
         Compensation against expropriation of investments;
         In line with the international regulations, investments will be accorded with a minimum global standard of
         treatment; and
         Provision of non-discrimination rights to benefit investors; whereby they do not suffer from notable
         disadvantages in comparison to the counter party/ foreign country investors.


How a business consultant can help
Expanding a business across borders requires a great deal of planning, extensive market surveys, insightful
strategies, and a great amount perseverance. As there is a lot at stake when you decide to embark upon an
international business expansion, it is important to have the right partner on your side.


Once you determine that you want to join forces with a reliable business consultant, you need to hire the one who
is financially stable and whose operations are transparent. Forming partnership is a major decision to be weighed
carefully to improve the chances of your success. A reliable partner can help you avoid major lapses that can bring
about penalties. With a trustworthy consultant by your side you can ensure that you get all the necessary
assistance in all the areas of your business be it global transfer pricing, or transfer pricing audit or international
financial reporting.


Read more on - eu vat rules, business registration overseas, international accounts payable

				
DOCUMENT INFO
Description: With every country having different regulations for licensing taxes, compliance laws, and for data privacy, it is important to be fully aware of the laws of that particular country before setting up a foreign operation.