Hong Kong becomes a special administrative region (S.A.R.) of the People's Republic of China since 1^st July 1997. Under the terms of the Joint Declarations signed between Great Britain and China, Hong Kong maintains its capitalist economic structure and high degree of autonomy as well as its distinct features from the rest of China. The infrastructure of Hong Kong including its legal, administrative and government machinery remained unchanged and is basically a British system which has been practising in Hong Kong since it became a British Crown colony in 1842.

There is a lot of advantages of doing business in Hong Kong and we simply list out a few as follows :-

• geographical location : as a gateway to the hinterland of mainland China which is a vast market for consumption and capital goods


• political and social stability


• efficient and simple government structure


• a tax regime with low tax rates


• free port : no import and export tariffs, no sales tax, no exchange control


• Languages : English is predominantly used in commercial activities and government administration


• well-developed infrastructure such as Mass Transit Railway System, New International Airport at Chek Lap Kok, New Port and Container Terminal facilities - you feel very convenient and efficient


• Well-educated and industrious workforce