PRESENTATION OF JURISDICTION
Hong Kong is the wealthiest city in China and one of the largest business hub of Asia. Home for the highest concentration of fund managers, and banking international institutions, it has served for centuries as a commercial gateway for mainland China. Its history and geopolitical situation have created a fertile ground for the development of one of the most advanced economy with one of the highest and most stable growth.
Hong Kong is more than a great economic performance, it also has one of the most robust, transparent and business friendly judicial framework. Based on Common Law and developed adapting to the circumstances of Hong Kong, the judicial framework has attracted thousands of companies, and has also been ranked the same as one of the most attractive in Asia for foreign-skilled professionals.
Hong Kong’s tax regime is also favorable for companies to grow, with no capital gains tax, no withholding tax, no interest and inheritance tax, nor VAT, and furthermore, foreign-sourced income is not taxed.
Hong Kong is an international hotspot that is well regarded all over the world, it will promote the quality of your relationships with your customers and partners.