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
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