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Dominican Republic Free Trade Zone

Dominican Republic Free Trade Zone

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Source: Flickr

If you are thinking of investing or starting a business in the Dominican Republic, the Dominican Republic Free Trade Zone is the perfect place to invest or start business. The Dominican Republic Free Trade Zone was established to catch the attention of foreign investors all over the world. The Dominican Republic Free Trade Zone provides numerous incentives through levies, tariffs and cost discounts for potential investors of the Dominican Republic.
The Dominican Republic is considered as one of the middle earning developing countries of the world. The economy of the Dominican Republic for the most part depends on its agriculture, trade, services and most of all its tourism industry. However, due to the major intensification of its tourism industry and the creation of the Dominican Republic Free Trade Zone, the service industry of the Dominican Republic has exceeded the agriculture industry as one of the leading employers of the residents of the country.
The Dominican Republic Free Trade Zone profits (along with the tourism industry’s earnings) from the fast growing export industry in the Dominican Republic economy. The Dominican Republic Free Trade Zone’s intention is to attract companies that are engaged in “hard goods” assembly or other types of industries that are involved in light manufacturing. On the other hand, service operation industries (like “call centers”) and other types of administrative activities can also be found on the Dominican Republic Free Trade Zone. These “service related industries” are now acknowledging the substantial tax benefits that are offered by the Dominican Republic.
The Dominican Republic Free Trade Zone is said to be one of the top five Free Trade Zones in the world that offer lots of opportunities. It is considered as one of the top five Free Trade Zones because of the strategic geographical location of the Dominican Republic. Also, it is due to the current trade agreements of the European countries and the United States with the Dominican Republic.
Investors who are doing business in the Dominican Republic Free Trade Zone are offered with numerous advantages by the government. Businesses on the Free Trade Zone are exempted from the following taxes: Municipal Taxes, Export Duties, Incorporation and Capital Gains taxes, property taxes, construction taxes, business taxes, VAT, corporate income taxes and mortgage title transfer taxes.
The Dominican Republic Free Trade Zones have low labor cost and also have low production costs which makes the Free Trade Zone an ideal location for medium sized and large sized business. The Free Trade Zone also has easy access for transporting and shipping the “goods” that the tenants manufacture. But one of the notable aspects of the Free Trade Zone in Dominican Republic is the low cost of labour. The government regulates the rate of the wages of the workforce of the Dominican Republic. The wage rate for its workers depends on the specified labor classification.

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About the Country

About the Country

Belgium is situated in the west of Europe. The land here mostly comprises of flat coastal plains in the northeast, and southeast is occupied by the Ardennes Forest. Dutch, Flemish, French and German are the official languages of Belgium, with Dutch being the widely spoken followed by French. The weather here is pretty predictable. Months from April to September are the warmest. Otherwise the weather is pretty humid and skies are gray, that explains why umbrellas and raincoats are a part of the dressing. So, if the visit is planned for holidays during the rainy season, one must not forget to carry sufficient cover for maximum protection, as this is a coastal region. In case of emergency call 100 or 112.

Culture

Belgians are English-friendly and will make every attempt to speak in English with a foreigner. Always remember to carry a small gift or at least flowers especially when invited over dinner. The dress to wear will be mentioned in the invitation, when invited for a party. Smoking in public is acceptable.

Shopping

Brussels, Antwerp, Bruges, Ostend, Namur, Mons, Liège, Ghent and Mechelen are the main shopping centers. Belgium is famous for ceramics and hand-beaten copperware from Dinant, laces from Bruges, crystals from Val Saint Lambert, woodcarvings from Spa and Belgium’s finest chocolates. In jewelry, diamonds from Antwerp are on high demand.

Eating Out

The specialty of most of the restaurants is horse and rabbit meat dishes. Although visitors can find a wide range of ethnic foods, but the most famous are frites and mayonnaise and mitraillette; mitraillette is a large bun filled with fries, donair meat and garlic sauce, the vegetarians can ask for a veg. substitute for the donair meat. While eating at a restaurant, tipping is considered customary along with the value-added tax. At the cinemas, leave a €0.50 tip for the attendant and €0.25 after using the public toilets.

Electricity

Voltage is 230 V and frequency is 50 Hz.

Travel

Delta Air Transport has inaugurated its new European airline SN Brussels Airlines recently. It flies to more than 58 destinations in Europe and as well as worldwide. The Brussels Zayentem airport is twelve km from the city and it takes 35 minutes to reach the city from the airport. The airport has facilities like duty free shops, car parking, taxi booking, car hiring, banks, post office, restaurants, and medical help. Internet and fax services are provided for the passengers. The Airport City Express train transports passengers to three main railway stations – Brussels North, Central and South. One can avail a bus which runs regularly from the airport, taxis can also be hired which wait outside the arrival hall. Tipping the taxi drivers is considered customary. Train runs every 15 minutes.

Another airport, Brussels South Charleroi, is 5 km away from Charleroi and 46 km from Brussels. Ryan air serves as the local airline here and has cheap deals for several European destinations to and from Charleroi. The facilities provided here are bus and train services, café, car hire, and duty free shops.

Ostend airport is 5 km away from the city and car parking, car hire, duty free shops, and restaurants are provided here.

Antwerp airport is just 2 km away from the city. Buses run to the Brussels Central Station every few minutes.

Liege is situated at a distance of 5 km away from the city. Buses run at regular interval here.

The departure tax at Brussels Zayentem is €20.93, Brussels South Charleroi is €3.49, Ostend and Antwerp is €10, and at Liege is €7.

There is a network of high-speed trains, which are operated by Thalys, from Belgium to France, connecting Brussels with other destinations like Bordeaux, Chambéry, Cannes, Marseille, Lyon, Nice, Valence Perpignan, and Rennes. Booking should be made in advance for these trains. The national railway operates through out the day providing service every few minutes to destinations such as Andorra, Austria, France, Czech, Germany, Italy, Poland, Luxembourg, Switzerland, the UK and the Netherlands. Insiders can avail the Inter-Rail pass which allows visitors to travel almost 29 European Countries. This service is valid for residents who have been settled there for more than 6 months.

Duty Free Items

Visitors can carry alcohol, tobacco, cigarettes, coffee and tea without getting customs duty levied on them, but only the goods should be limited. Check out for the limits before carrying such goods. Food items that are not preserved are better avoided.

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About the county (11)

About the county

Cape Leeuwin First Light
Source: Flickr

Ukraine which is located in Eastern Europe is one of the largest country in that region of Europe bordering Russia in the northeast, Belarus in the north, Poland, Slovakia and Hungary in the west, Romania and Moldova in the southwest and also Black Sea and Sea of Azov in the south. It is a popular tourist destination especially for tourists from Western Europe and North America. The main selling point is the rich historical character of the country with as many five hundred cities dating back as early as nine hundred years. Visitors are spellbound by the architectural beauty of Ukraine. Kiev is the capital and the largest city of Ukraine where most travelers begin their journey.

Population & Languages

Ukraine has a population of roughly 46.7 million and the official language is Ukrainian. The other languages spoken here are Russian, Romanian, Polish and Hungarian.

Electricity

Voltage – 220 volts, Frequency – 50Hz. Standard European Round pin attachment plug

Geographic Location

Ukraine is located in Eastern Europe bordering Russia in the northeast, Belarus in the north, Poland, Slovakia and Hungary in the west, Romania and Moldova in the southwest and also Black Sea and Sea of Azov in the south. The strategic location of Ukraine between Asia and Europe made it a transportation hub in the region.

Local Customs

Ukrainians are warm hearted and welcoming people. Casual dressing is mostly worn here though it will be a good idea to wear smartly for theatres. Small gifts are appreciated. Tipping is not very common; service is usually included in fine restaurants and hotel bills.

Places to see
St Sophia Cathedral – As old as nine centuries, it is one of the architectural marvels of Ukraine.
Kiev-Pechersk Lavra (Caves Monastery) – These caves are as old as one millennium and dating back to 11th century.
Great Patriotic War Museum
Statue of the Motherland, Kiev

Travel

By Air – The national airline of Ukraine is Ukrainian International Airlines. In collaboration with Aer Fi Group and Austrian Airline it links Kyiv to Amsterdam, Barcelona, Berlin, Brussels, Copenhagen, Frankfurt, Lisbon, London, Madrid, Milan, Paris, Rome, Rotterdam, Vienna and Zurich. There is one more airline in Ukraine called Air Ukraine which serves relatively less number of European cities. Lviv is also connected to New York, Warsaw and Washington. It is connected to Turkey through Simferopol and to UK through IvanoFrankivsk. The major airport is Boryspil State International Airport (KBP) which is located twenty five miles from Kiev.

By Sea – The primary ports of Ukraine are Izmail and Odessa which are situated on the River Danube. The ferry services connect Ukraine with Russia and Georgia. They also connect various cities on the Black Sea and the Mediterranean Sea. Sevastopol is the port which connects Istanbul, Turkey.

By Rail – Ukraine has approximately 14,000 miles of railway tracks linking most towns and cities. Kyiv and Lviv are the main stations which connect with Moscow on a daily basis. Ukraine also has direct lines to Berlin (Germany), Budapest (Hungary), Warsaw (Poland) and Bucharest (Romania).

By Road – Ukraine has an extensive network of roads with approximately 107,000 mile of road network out of which nearly 18,000 mile is main or national roads.

Duty Free Items
1. Up to 200 cigarettes or 50 cigars or 250 gm tobacco
2. 1 liter spirit over 22% or 2 liter wine or 32 liter beer
3. Goods for personal use with a combined value of €200

Prohibited Items
Narcotics, firearms, ammunition, weapons, most meat and dairy products, eggs, plants, endangered species, fireworks and alcoholic beverages that contain more than sixty per cent alcohol.

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Recipe: Miang Kham


Source: Flickr

Miang Kham (Mieng Kam)

This recipe requires a great deal of preparation time, but it’s well worth it – especially if you’ve eaten a tasty miang kham before and have a craving. There’s nothing like it. The blend of coconut, ginger, fresh bitter leaves, peanut, lime and chile is a fantastic flavor and one that goes very well with the American palate. While the easiest way to enjoy miang kham is to have it at your local Thai restaurant, it takes so much effort to make that many restaurants are not likely to offer it.

Filling
3/4 cup grated coconut, roasted in a low-heat oven until lightly brown
2 small limes, unpeeled (try to get limes with thin skin), cut into small cubes
6 tablespoons shallots, peeled and cut into small cubes
6 tablespoons roasted peanuts
6 tablespoons small dried shrimps
4 or 5 fresh hot chile peppers, cut into slivers
4 ounces fresh ginger, peeled and cut into small cubes

Mix together.

Sauce
1 tablespoon shrimp paste, roasted until fragrant
2 ounces fresh galanga, cut into slivers and roasted until fragrant (see note below)
1/4 cup grated coconut, roasted in a low-heat oven until lightly brown
4 ounces small dried shrimps
2 ounces shallots, peeled and coarsely cut
1 1/2 teaspoons fresh ginger, sliced
8 ounces palm sugar, broken into small chunks
2 tablespoons granulated sugar
Salt for seasoning

Sauce In a mortar and pestle, pound together the shallots and galanga until fine (note about galanga: it’s ok to use dried galanga as long as it’s placed in a dish of lukewarm water for a few minutes to reconstitute). Add roasted shrimp paste, ginger, coconut and dried shrimp, and continue pounding until smooth. Remove the mixture and place in a pot with 1 1/2 cups water. Bring to a boil over medium heat, add palm sugar and table sugar, then reduce heat and simmer, wait until reduced to 1 cup or a bit less. Taste, and adjust by adding a bit of salt. Remove from heat and transfer to a small bowl.

Wrapping Leaves: The choice of what leaves to use is up to you. Some use lettuce or spinach leaves due to ready availability, but to get an authentic flavor you can visit an Asian grocery store and try to find cha-phloo leaves. These leaves are also known in English as Betel Leaves, or Piper Sermentosum. In Vietnamese language, these leaves are labeled as La Lop.

Serving: Spoon the roasted coconut into a serving plate. In separate small bowls, arrange each filling ingredient listed above. With a fresh wrapping leaf in hand, fold it once across the bottom then sideways to form a pocket. Place about 1 teaspoon roasted coconut in the leaf together with a small amount of each filling to create a bite-size quantity. Spoon the sauce on top, pop in your mouth and enjoy!

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ARUBA CUSTOMS REGULATIONS

ARUBA CUSTOMS REGULATIONS

Duty free shopping? Your eyes probably popped out of their sockets. And why not? But before you start taking out the money you stashed from five Christmases ago, list down only the most important things you need to buy. Those pennies and cents may be more than enough to buy you a year’s worth of perfume and a different wardrobe for each day of the year, but are you sure you can take home that much?

Well, sorry to pop out your balloon this early, but Aruba is not exactly a duty free port. Before you decide to spend your vacation watching reruns on TV, lighten up. Aruba is not considered duty free port for nothing. Shopping here makes you get away with great buys because the duty is low, especially on such merchandise as perfumes, jewelries, clothes, and electronic gadgets.

So before you splurge, make sure you’re aware of the Aruba Customs Regulations, and shopping can be more fun!

* According to Aruba Customs Regulations, guests at least 18 years old are allowed to bring into the country not more than 2 liters of liquor, 200 cigarettes, 50 cigars, and 250 grams of tobacco, on top of those they have for personal use.
* Aruba Customs Regulations has set that you are only allowed $600 worth of duty free goods back home. Families traveling together can add up their exemptions. For Canadian guests who have been outside their country for at least 7 days, duty free shopping is allowed up to $500. Exemptions cannot be pooled with any other member of the family.
* The next $1000 goods bought is taxed at a 10% rate, as stated in the Aruba Customs Regulations.
* Tourists who are not staying for at least 48 hours are allowed to bring only $25 worth of duty free items.
* On top of the $600 exemption, a tourist can mail unlimited number of duty free mailed parcels, except alcohol or tobacco, or more than $5 worth of perfume, provided the addressees are different.
* A $200 worth of items can also be mailed for personal use, with a list of their contents and retail value.
* Tourists who wish to send home used items duty free should indicate “American Goods Returned” on the package.
* Goods sent home as gifts may be mailed provided that the package is labeled “Unsolicited Gift’.
* All the mailed items do not, in any way, affect your exemption allowance upon your return.

Well, Aruba Customs Regulations does not really prohibit you from spending until all of next month’s pay, however, be sure that you have gotten well acquainted with the regulations before you splurge. You don’t want to end up paying as much tax as your flight costs.