Advantages of doing business in Hong Kong
Hong Kong is an ideal place to invest or to do business. It is characterised by its:
- Free trade and investment policy
- Rule of law
- Complete freedom of capital movement
- Clean and efficient government
- Low and simple taxation
- Close proximity to markets in Asia
- Highly skilled workforce
Belt and Road Initiative
The Belt and Road Initiative refers to the Silk Road Economic Belt and 21st Century Maritime Silk Road. It is a visionary, long-term initiative launched by the Chinese Government to foster closer economic, political, cultural and social links across Asia ti the Middle East, Europe and Africa. The Initiative features “five areas of connectivity”: policy co-ordination, facilities connectivity; unimpeded trade: financial integration; and, people-to-people bonds.
Learn more about Belt and Road Initiative and Hong Kong’s participation
Greater Bay Area
The Guangdong-Hong Kong-Macao Greater Bay Area (the Greater Bay Area) is a world-class cluster of nine municipalities in Guangdong Province, plus the Special Administrative Regions (SARs) of Hong Kong and Macao. A major national initiative of China, the Greater Bay Area offers tremendous opportunities to the global community, in particular business, investors and professionals. Hong Kong is proud to act as "facilitator" and "promotor" to help global businesses to tap on the opportunities.
Learn more about the Greater Bay Area and Hong Kong’s participation
Powerpoint about Greater Bay Area [as at November 2018]
Pamphlet about Greater Bay Area
Gateway to Mainland China
Hong Kong is also known as the gateway to China as it offers easy access – commercially and geographically – to Mainland China business opportunities. The Pearl River Delta (PRD) region, the largest and most productive manufacturing region in China, is immediately to the north of Hong Kong and business people commute regularly and easily between the two.
Learn more about doing business in Hong Kong
Closer Economic Partnership Arrangement (CEPA)
The Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA) is the first free trade agreement between Mainland China and Hong Kong. It opens up huge markets for Hong Kong goods and services, greatly enhancing the existing close economic cooperation and integration. In brief, the Mainland applies zero import tariffs for exports from Hong Kong meeting CEPA origin rules for goods and preferential market access for Hong Kong companies in 47 service sectors, including banking, logistics, legal, audio-visual, transport and mining. Overseas companies can also benefit from CEPA in various ways.
Learn more about CEPA here.
Useful business links
At the south-eastern tip of China, Hong Kong covers Hong Kong Island, Lantau Island, the Kowloon Peninsula and the New Territories, including 262 outlying islands. Between Hong Kong Island and the Kowloon Peninsula lies Victoria Harbour, one of the world's most renowned deep-water harbours.
- Business & Trade in Hong Kong
The Business & Trade section of the Hong Kong Government one-stop portal (GovHK) is useful for foreign investors and companies and features information to assist you in planning and establishing your business in Hong Kong.
- Employment in Hong Kong
The Employment section of GovHK features information and services about recruitment, labour legislation, employees' protection and compensation, the Mandatory Provident Fund Scheme, and occupational safety and health in Hong Kong.
- Tax Obligations of Non-Resident Business Operators
Find out how to register your business and what kind of tax you need to pay when you invest or operate business in Hong Kong.
- Mandatory Provident Fund (MPF) System
This section of GovHK directs you to a range of information about the MPF system, from how it works to the obligations of employers and employees.
- Capital Investment Entrant Scheme
The scheme allows people who make capital investments in Hong Kong to be granted entry into the territory for residence purposes.
The Government has announced that the Capital Investment Entrant Scheme would be suspended with effect from 15 January 2015 until further notice. The Immigration Department will continue to process applications received on or before 14 January 2015, whether already approved (including approval-in-principle and formal approval) or still being processed. For details and FAQs, please click here.
- Entry Arrangement for Investment (to establish/join in business) in Hong Kong
Learn more about the entry arrangement for investment (to establish/join in business) in Hong Kong here.
- Business & Company Registration
Find information and online services for business registration, licensing and permits here.
- General Information for Foreign Enterprises
Learn about the support and services for foreign enterprises looking to establish or expand their presence in Hong Kong.
- Gateway to the Mainland Market
Learn more about how your business can benefit from Hong Kong’s status as a gateway to the Mainland Chinese market here.