Question 1

Advantages of Company Set Up in Hong Kong

Accepted Answer

Today, many investors and entrepreneurs are choosing to set up their businesses overseas – especially in jurisdictions like Hong Kong.  The rationale behind this trend is to primarily facilitate entry into an international market and to benefit from tax friendly jurisdictions.

Question 2

Strategic Location of Hong Kong

Accepted Answer

Hong Kong is strategically located at the heart of the Asian continent. A five to eight hours’ flight will connect you to most markets in the Asia-Pacific region.

Question 3

Ease of Doing Business in Hong Kong

Accepted Answer

Hong Kong is renowned for being an easy place to set up a business. You can establish your company within two weeks’ time in Hong Kong. It has no foreign ownership restrictions and no restriction on business scope for the companies established in Hong Kong.

Question 4

Simple and Low Tax System

Accepted Answer

Taxes are the main concern for any entrepreneur who intends to set up a business in a given jurisdiction.  In this regard, Hong Kong boasts of being one of the lowest tax jurisdictions in the world.

Question 5

World’s Freest Economy

Accepted Answer

Hong Kong is one of the world’s most dynamic economies driven by the principles of free enterprise, free trade and free markets open to all.

Question 6

Sound Legal Environment

Accepted Answer

Noted for its transparency, law and order is central to Hong Kong’s success.  All are considered equal before the law.  Hong Kong’s legal system is separate from China’s, and English common law prevails.  With the establishment of the International Arbitration Centre in 1985, Hong Kong has become a key center for arbitration in Asia and arbitration is now a popular method of dispute resolution in Hong Kong.  The law is committed to the protection of Intellectual Property Rights (IPR) and enforces stringent regulations for patents, copyrights, trademarks and registered designs.  The specially set up Intellectual Property Department monitors the IP regime in Hong Kong and is reputed to have extensive experience in handling IP matters.  There are distinct rules and regulations concerning trade and commerce, employment, taxation and other business-related areas, making it an attractive place to set up and operate a business.