Hong Kong's Advantages

Hong Kong is an ideal place to invest or to do business. It is characterised by -

• A free trade and investment policy
• A level-playing field
• Upholding firmly the Rule of Law
• Complete freedom of capital movement
• Clean and efficient government
• Low and simple taxation
• A robust and efficient financial market
• Close proximity to other markets in Asia, including Mainland China
• World class infrastructure with sophisticated support services
• Highly skilled and multicultural talent pool
• International lifestyle

Hong Kong has long been regarded as the World’s freest economy and it is easy to do businesses. We are also a founding member of the World Trade Organisation, and participate in our own rights as a full and separate member using the name “Hong Kong, China” from the Mainland of China.

The Belt and Road Initiative refers to the Silk Road Economic Belt and the seafaring “21st Century Maritime Silk Road”. It is a visionary, long-term initiative launched by the Chinese Government to foster closer international co-operation and connectivity across Asia, the Middle East, Europe and Africa. It features co-operation priorities in enhancing policy co-ordination, strengthening infrastructural facilities connectivity, facilitating unimpeded trade, deepening financial integration and building people-to-people bond among countries along the routes. For further details, please visit this dedicated website on the Belt and Road initiative.

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. Visit the Greater Bay Area development website to learn more.

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 from its website.

BrandHK “Hong Kong for business”: https://www.brandhk.gov.hk/html/en/HongKongsAdvantages/HongKongforBusiness.html GovHK Business page: https://www.gov.hk/en/business/ Hong Kong as a Gateway to China: https://www.gov.hk/en/business/businessmainland/businessinfochina/