Hong Kong offers numerous advantages for starting a business, including:
Prime Location – Hong Kong serves as a gateway to China and connects easily to other major global markets, making it ideal for expanding your business.
Business Support – With entrepreneur-friendly policies, starting and running a business here is straightforward.
Tax Advantages – Hong Kong has adopted a business-friendly tax regime, which is considered one of the lowest rates in Asia. This includes Low corporate taxes, tax breaks, and tax incentives for businesses.
Trade Freedom – Hong Kong operates on free-market and trade principles, eliminating foreign exchange controls and ownership restrictions.
Access to China – Businesses gain access to the mainland market with preferential treatment under the CEPA agreement with Mainland China.
Flexible Visas – The immigration policy is designed to help entrepreneurs move and work here with ease.
Legal Protection and Limited Liability – The Hong Kong legal system is characterized by transparency, safeguarding of intellectual property rights, and offers limited liability for corporations.