Doing Business and Investing in Hong Kong
Hong Kong offers a dynamic, investor-friendly and resilient economy for those wanting to invest in Hong Kong. Hong Kong has both an international, informed, educated and affluent domestic market, and immediate proximity to China, the world’s second largest economy, and one of the fastest growing. Hong Kong therefore offers both a significant marketplace in itself and a springboard to the Mainland. Indeed, many companies use an initial investment into Hong Kong as part of their marketing strategy for the Mainland China market.
Relationship between Hong Kong & China
The long trading history between Hong Kong and Mainland China means both that Hong Kong companies are familiar entities to the Mainland authorities, facilitating set-up in China, and that Hong Kong through its Double Tax Arrangement and its CEPA agreement (Closer Economic Partnership Arrangement) with the Mainland enjoys preferential tax and trading terms with China. So, to invest in Hong Kong is one of the best ways to invest in China.
Advantage of Hong Kong
Hong Kong is an open economy based on the common law system. It is a free port, with import duties on only a very restricted range of products (primarily fuel and cars). It was also one of the earliest jurisdictions to focus on attracting start-ups, from 2013, including fintech, and offers a range of incentives for entrepreneurs. There is a vibrant co-working infrastructure, and numerous firms, such as Primasia Corporate Services Ltd., offering advice and tailored support to start-ups who want to invest in Hong Kong.
Primasia Corporate Services Limited offers full-service support in Accounting, Payroll, Tax, Visas and Company Secretarial.
Primasia will advise on set-up and structuring of entities in Hong Kong, and employment of staff, and guide clients through the rules and regulations to remain compliant with Hong Kong’s tax, employment, social security, and other legislation.
Our Network
Primasia will also advise on a variety of regulatory and business issues in Hong Kong and China (offices in Shanghai, Beijing and Guangzhou), and can also, through its extensive network, introduce anyone wishing to invest in Hong Kong to other suitable and reputable service providers and to the appropriate government departments for assistance with grants or licensing issues, thereby helping to fast-track getting the business off the ground.
Reputable Service Providers
IP Support
Employee Insurance/ MPF providers
Co-working Space
Anyone can invest in Hong Kong and working, and investment visas are available for individuals who can be shown to bring potential skills, knowledge and employment opportunities to the Hong Kong economy.
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