ESTABLISHING A BUSINESS ENTITY IN HONG KONG -
1. Introduction -
Hong Kong as an international centre for finance, commerce and trade is often considered as one of the most attractive places to do business owing to its unique advantages such as its prime location, business-friendly policies, simple tax regime, world-class infrastructure, sound legal system and robust regulatory regimes. This Asia’s world city has consistently topped various global rankings in business and economic competitiveness – more recently it ranked the 7th most competitive economy by the International Institute for Management Development in its World Competitiveness Yearbook 2023, topping the ranking in business legislation and being in the top five positions in tax policy, international investment, international trade and technological infrastructure.
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