Business in Hong Kong

Who is Hong Kong suitable for?

Unlike Singapore, which is heavily regulated, and mainland China, where administrative barriers can be a major obstacle to overseas business, Hong Kong offers a unique combination of flexibility, transparency and legal stability. Hong Kong is a harmonious blend of Eastern and Western business practices.

The main advantages of Hong Kong for doing business:

“Our experience shows that Hong Kong is particularly beneficial for industries such as IT, fintech and international trade. IT startups value the jurisdiction for predictable intellectual property protection and convenient corporate governance. Fintech companies find access to a developed banking infrastructure here, and trading companies use Hong Kong as a strategic hub for operations in Asia and beyond." Anastasia Romanovskaya. Head of International Commercial Practice права

The most transparent tax system

Hong Kong's tax system is based on the territorial principle - the tax on profits earned directly in Hong Kong is 16.5%.

If the profit is received outside of it, no tax is levied. More details - Taxation in Hong Kong.

English Law – Predictability and Protection of Investor Rights

Hong Kong's jurisdiction is based on English common law, which ensures predictability and protection of investors' rights, developed international commercial arbitration and a high level of trust in the judicial system, confirmed by global rankings.

Easy access to Chinese and Asian markets

Hong Kong is a strategic business hub and the “gateway to China”, providing easy access to the mainland market and favourable conditions for trade and investment in Asia.

Global Business Hub

Hong Kong is the largest financial center in Asia with a developed banking system, convenient international settlements and a powerful infrastructure for logistics and trade. This makes Hong Kong an ideal platform for global business.

Industries

IT and startups

Hong Kong is actively developing its digital economy and supporting startups through accelerators and grant programs.

Enterprise Support Scheme is a large government fund created to develop the private sector of the economy and support research organizations

HKSTP (Hong Kong Science and Technology Parks) – government support for deep tech startups.

Fintech

With low taxes, minimal exchange controls and access to investment, Hong Kong is one of the world's leading hubs for fintech companies.

InvestHK FinTech Initiative is a government program supporting startups in the fields of digital payments, blockchain and regtech.
Cyberport FinTech Hub is an innovation hub that attracts international fintech companies and provides access to grants and venture capital funding.

Trade and distribution

With zero customs duties, free movement of goods and a prime location, Hong Kong is one of the world's largest import-export hubs.

AsiaWorld-Expo is a key exhibition platform for international trade.
HKIA Logistics Park is a new logistics hub for expedited delivery of goods from China to Hong Kong.
SME Export Marketing Fund is a fund under the Hong Kong Department of Trade and Industry, aimed at start-ups entering international markets.

"Working with clients developing IT startups and fintech projects, we have repeatedly seen that Hong Kong actively supports innovative businesses through public and private initiatives. For example, Cyberport and Hong Kong Science and Technology Park (HKSTP) provide not only financial grants and tax incentives, but also access to infrastructure, mentoring and global investors. The clients we work with value this ecosystem for its combination of openness and real financial support, which allows them not only to attract investment, but also to successfully compete internationally." Eleonora Lapina. Юрист

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knowledge base

Read also

Hong Kong - About the country's legal system

Main taxes in Hong Kong

services

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