Centre for Responsible Business
Centre for Responsible Business
We provides seamless support for businesses looking to expand internationally.
Centre for Responsible Business
The Global Chamber of Commerce & Industry (GCCI) provides seamless support for businesses looking to expand internationally. Below is a structured approach to setting up a business globally with GCCI’s assistance.
GCCIs’ Business Hub offers essential guidance, insights, and resources on four key topics: Joining Global Chamber of Commerce & Industry (GCCI), Setting up your business, Expanding globally, Engaging with a vibrant business community, Explore each section to learn more about the tailored support available to help your business thrive at every stage of your journey.
- Identify Global Business Opportunities
- Conduct market research to identify potential markets for expansion.
- Assess demand, competition, and economic stability in the target country.
- Utilize GCCI’s trade reports, business intelligence, and advisory services.
- Choose the Right Business Structure
- Decide on a suitable legal entity:
- Branch Office – Extension of an existing business.
- Subsidiary – Independent company owned by a parent company.
- Joint Venture – Partnership with local entities.
- LLC (Limited Liability Company) – Most common structure for international businesses.
- Decide on a suitable legal entity:
- GCCI provides legal consultation and incorporation assistance for selecting the right entity.
- Business Registration & Licensing
- Register the business with the relevant trade and commerce authorities in the target country.
- Obtain necessary business licenses and industry-specific permits.
- GCCI assists with company formation, registration, and legal documentation.
- Banking & Financial Setup
- Open an international business bank account.
- Understand foreign exchange policies and taxation regulations.
- GCCI provides banking partnerships, tax advisory, and financial planning support.
- Compliance & Legal Framework
- Understand local labor laws, business regulations, and compliance policies.
- Protect intellectual property (IP) by registering trademarks and patents.
- GCCI offers legal advisory services and connects businesses with international law firms.
- Office Setup & Infrastructure
- Choose between physical office spaces, co-working hubs, or virtual offices.
- Identify logistics and supply chain partners for seamless operations.
- GCCI offers real estate and infrastructure consultation for global business setups.
- Recruitment & Workforce Planning
- Hire local talent or relocate employees based on visa and labor policies.
- Set up HR policies, payroll management, and employee benefits.
- GCCI provides HR solutions, talent acquisition networks, and visa assistance.
- Digital Presence & Marketing Strategy
- Develop an official website, digital marketing plan, and localized branding strategy.
- Utilize GCCI’s global business network for brand exposure.
- Partner with local advertising and PR agencies to reach the target audience.
- Trade Facilitation & Business Networking
- Join GCCI business delegations, B2B trade forums, and investment summits.
- Establish relationships with local trade bodies, chambers of commerce, and investors.
- GCCI facilitates partnerships, trade agreements, and supply chain collaborations.
- Risk Management & Business Continuity Planning
- Conduct risk analysis and implement business continuity plans.
- Ensure compliance with political, economic, and cyber-security risks.
- GCCI provides risk assessment reports and crisis management support.
