Course summary (Business in Hong Kong):
Hong Kong has a prime location at the geographical, financial and economic center of Asia.
- Business executives in Hong Kong have fast and easy access to all the major markets in the Asia Pacific region. This
key position is one of the main reasons for the popularity of Hong Kong as a location
for regional operations. Executives can travel back and forth to
Beijing,
Shanghai and other major Chinese cities in a single day while making their home
in Hong Kong.
- Situated on the southeast coast of Mainland China, Hong Kong has the huge
hinterland which, with 1.3 billion people, is the biggest single market in the world.
- Hong Kong is the biggest
Foreign direct investment (FDI) in Mainland China
- 100 mainland companies are listed on the
Stock Exchange of Hong Kong.
At least 1,800 Mainland-backed companies are incorporated in Hong Kong.
There are 26 Chinese banks and 7 representative offices operating in Hong
Kong.
- Free trade is the vision of Hong Kong. HK is one of
the most open, externally-orientated economies in the world.
- The Heritage
Foundation
have consistently rated it as the freest economy of the world.
Example of the course doing business in Hong Kong:
The Greater Pearl River Delta region, which consists of the Hong Kong
Special Administrative Region, the Macao Special Administrative Region, and the Pearl River Delta Economic development Zone
part of Guangdong Province, has
emerged as one of the most dynamic economic regions of the world.
The Closer Economic Partnership Arrangement (CEPA), which took effect
at the beginning of 2004, provides Hong Kong with additional and exclusive
Mainland international market
access benefits. Thousands of international companies implicated
in international trade with the People's Republic of China have chosen to set up their headquarters in Hong Kong.
Every investor has a broad range of business vehicles to choose from when
Doing business in Hong Kong. All
companies are subject to the same rules.
Requisites for establishing a business in Hong Kong are famous for being
simple and straight forward. You can set up a new company in 6 days and it
will cost you only a few hundred US USD.
The type of structure that is most appropriate will depend on tax issues, strategic plans, financial aspects, willingness to take on ongoing obligations
and much more. Because of the complex and long term impact of this decision, it
is advisable to seek professional advice.
The most common forms of business vehicles foreign investors choose are:
- Private limited companies
- Branch offices of foreign companies
- Rep offices
- Partnerships / sole proprietorships
- Joint ventures
|
Institutions, Agreements and FTA of Hong Kong:
Asia-Pacific Economic Cooperation (APEC) ©
Pacific Economic Cooperation Council (PECC) |
New Zealand Hong Kong
China Closer Economic Partnership
Asian Development Bank (ADB)
Economic and Social Commission for Asia and the Pacific (ESCAP)
World Trade Organization (WTO) |
EENI in Chinese: 国际贸易、全球营销及国际化硕士
