Business in Hong Kong. Entering the Hong Kong Market

Our services

Save your business tens of thousands of dollars
when entering Hong Kong

Save your business tens of thousands of dollars
when entering Hong Kong

Learn more about our services Learn more about our services

Market research

We will conduct a comprehensive study that includes an analysis of market trends, the business climate, and the competitive landscape. We will identify your target audience and examine its behavior, expectations, and needs. This will allow you to precisely adapt your product and develop a market entry strategy that takes into account local specifics and actual demand.

Market research

Business plan & strategies

We will prepare a detailed business plan that takes into account economic conditions, cultural specifics, and your strategic goals. The document will cover all key sections — from market analysis and marketing strategy to the financial plan and risk assessment.

Business plan & strategies

Business setup consultation

We will develop personalized recommendations based on the specifics of your business, target audience, and competitive environment. We will help you gain a deeper understanding of local market needs and explain the key nuances of launching and adapting within Hong Kong’s business ecosystem.

Business setup consultation

Positioning strategies

We will create a detailed profile of your target audience, analyzing their needs, motivations, and behavioral patterns. We will highlight key market trends and competitive factors. Based on this, we will develop a positioning strategy that enhances the value of your product in the eyes of local consumers and ensures a sustainable market presence.

Positioning strategies

General information

Population
7 488 865 people
Official language
English and Cantonese dialect
Main religion
Buddhism and Taoism
Currency
Hong Kong dollar (HKD)
Time zone
UTC+8

Economy of Hong Kong

GDP per capita
59 770 USD
Economic growth
2,5%
Unemployment
3,7%
Inflation
1,9%
Investment inflow
140,7 billion USD

Business in Hong Kong

Popular type of legal entity
Limited liability company (LLC)
Minimum number of shareholders
1
Company registration period
2 days
Minimum share capital
1 USD
Restrictions for foreigners on starting a business
No
A local director is required?
No
Corporate tax
16,5%
VAT
0%

Advantages and disadvantages

Advantages
a convenient and straightforward jurisdiction for doing business, strategic location, competitive tax rates, developed infrastructure, and a transparent and stable legal system
Disadvantages
dependence on China and geopolitical uncertainty, high cost of living and rent, limited domestic market, strict banking requirements