Open Business Environment

As an international centre for finance, commerce and trade, Hong Kong is a major hub for investment, transport and logistics. The city was recently recognised as one of the world's most competitive economies by the International Institute for Management Development (IMD) World Competitive Yearbook 2022, which ranked Hong Kong 5th out of 63 economies. More than three-quarters of the world's top 100 banks have branches in Hong Kong, and 15 of the world's 20 largest private equity funds have established a presence here, many of which have set up their regional headquarters here.

Since reunification in 1997, Hong Kong has kept its capitalist system and own currency and maintained judicial independence from the Mainland under the principle of "One Country, Two Systems". By providing a level playing field for all businesses and the free flow of goods, capital, talent and information, the city has continued to flourish as an international business hub while enjoying the benefits of unparalleled access to opportunities in the Mainland.

Hong Kong boasts world-class infrastructure, including efficient local and regional transport networks, advanced air and sea freight systems, and world-class digital and telecommunications facilities. English is the preferred language for business and contracts, so the procedures for company registration and business registration are straightforward and streamlined.