Group 1 - The report by TMF Group highlights that countries like Greece, France, Mexico, Turkey, Colombia, Brazil, and Italy rank among the top ten in terms of business complexity, with Mexico, Turkey, Brazil, and Italy experiencing an increase in complexity [1] - Mark Weil, CEO of TMF Group, emphasizes that geopolitical instability continues to impact trade and investment flows, particularly affecting regions like Vietnam, the Philippines, and India due to wage inflation and employee turnover [1][2] - The report suggests that while business complexity can affect foreign investors and local growth companies, large multinational corporations can manage this complexity, with the real challenge being uncertainty rather than complexity [1][2] Group 2 - TMF Group's North Asia head, Chen Qi, notes that the increasing global uncertainty has become a barrier for multinational operations, and understanding compliance requirements in various jurisdictions is crucial for foreign investment enterprises in China [2] - The report indicates that companies need to diversify their supply chains to mitigate concentration risks, as there are still significant markets to explore beyond the US and China, which together account for 45% of global GDP [3] - Chinese companies are increasingly adopting a light-asset model for localized operations overseas, initially relying on local professional resources before hiring local employees as operations mature [4] Group 3 - To address the additional complexity brought by diversification, companies are advised to simplify management structures to reduce internal complexity, which can enhance efficiency and flexibility in uncertain environments [5][6] - TMF Group's research shows that even with similar industry and regional distributions, the complexity of corporate structures can vary significantly, suggesting that companies should streamline their operations by reducing the number of entities and suppliers [6]