ABSTRACT

Investing and carrying on business in a foreign country is a matter which involves knowledge of a number of facets influencing such an undertaking in a particular country. Political and economic factors affecting investment policy as well as ideological and cultural differences will have to be examined with regard to the possibilities and modalities of such a venture. Perhaps one of the most important considerations though, is the legal environment and the laws regulating the carrying out of such a venture. These laws will determine, amongst other things, the form such a venture may take, the areas which are closed or open to investment, incentives which are available for certain types of investments, the manner in which the business will be taxed, and employer-employee relations.