Questions

which country is Good for my IT security business for honest workforce, low corruption, easy PR, low tax?

now in india i am facing many issues like 1. Team is not honest, not creative 2. Govt is not supportive, high corruption, not seure for family. I am confused in choosing business re-location, i want to open my office in following one country Canada, Singapore, UAE, UK I have small 6 month daughter so i need good weather, good education for her.

4answers

I would suggest Ireland. The workforce is educated and hard-working. They speak English, which is critical for international work. Very favorable tax structure.


Answered 6 years ago

Hello,

According to AT kearney's report on Global Location and Services Index, Malaysia ranks third Globally for shared services & outsourcing location for the past decade.

You may also refer to PWC report on why Malaysia is a destination of choice:
http://www.pwc.com/my/en/services/whymalaysia.jhtml

The unique of Malaysia is the strong support from the Government. The support will ease you to start your operation in the country. Some of the Government Guarantees include:

1. World-class physical and information infrastructure,
2. Unrestricted employment of local and foreign knowledge workers.
3. Freedom of ownership
4. The freedom to source capital globally and the right to borrow funds globally.
5. Competitive financial incentives, including Pioneer Status (100 percent tax exemption) for up to ten years or an Investment Tax Allowance for up to five years and no duties on the importation of multimedia equipment.
6. No censorship of the Internet.
7. Globally competitive telecommunications tariffs.

Some of the corporations that are supporting regional and global from Malaysia are as follows: ExxonMobil, Shell, Schlumberger, Atos, Emerio, HP, IBM, Dell, HSBC, DHL, GSK, Paypal, Tata, Tech Mahindra, Prudential, DKSH, Fujitsu, AMD, LizardApps, Intel, E2 Power, RBC Investor & Treasury Services, BP, Wipro, BASF, Experian and many more.

Today, many corporations are using Malaysia as a launch pad to access Asia market due to strong support from the Government as well as multi-lingual capabilities.

I can also arrange site visits if you wish to hear directly from those industry players.

Do feel free to reach out to me anytime you need.

Regards, Atasha


Answered 6 years ago

The best IT security company is Russia, Kaspersky Labs. Russia has an honest work force, particularly the young generation that never knew the Soviet Union. Corruption when dealing with government entities is a burden but not that much worse than any western country (unlike what western media states) and there are very strong initiatives to fight it...reporting structures, etc. Corporate taxes are 20%. Social taxes (pension, etc) are 36%, salaries on average (outside of Moscow) are $2-3k for expert software developers.

Weather is not bad, central European Moscow is no worse than NY state in the winter, while summer temps tend to be in the 25-32C range. Southern Russia is subtropical, think along the lines of Sicily or South Carolina/Georgia.

Education is excellent and free. What my kids get at a state school you would pay $2-3k/month at a private school in the US. Private schools actually tend to have low education, they are for the rich dumb kids to buy diplomas.


Answered 6 years ago

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