Doing Business in Hong Kong
Hong Kong’s low tax and open investment regime, advanced infrastructure and unique access to China and its manufacturing capacity makes it an attractive international business and financial centre.
20 January 2024
At a glance
The Hong Kong Doing Business Guide is an essential resource for Australian businesses and investors seeking to grow in Hong Kong. Whether you are just starting out or already established in Hong Kong, this guide provides practical and detailed information to support your business growth, plus links to reputable external resources for further information.
The report features:
- A detailed overview of Hong Kong’s economy, highlighting its rapid economic development and the key sectors instrumental to its growth. With a focus on its highly competitive services sector including financial and professional services, trading and logistics, the guide provides insights into the drivers of Hong Kong’s economic success.
- Essential information to help you understand and navigate Hong Kong’s business culture and identify a suitable partner. The guide covers the importance of relationships, the hierarchical nature of Hong Kongese business practices, and the nuances of communication that are vital for successful business dealings.
- Insights into consumer preferences, purchasing habits, and market trends in high-priority sectors to inform your go-to-market strategy. The guide explores the opportunities in sectors such as professional and financial services, infrastructure, technology, green economy, health and medical, education and agribusiness.
- Advice for both investors and businesses on common market entry models and key risk factors. The guide offers strategies for market entry, including direct exporting, establishing joint ventures, or setting up wholly-owned subsidiaries.
- Business practicalities such as laws and regulations, important information about tax, customs duties, and other regulatory requirements that are essential for the success of any foreign-owned business venture. The guide also provides an overview of the legal and financial frameworks that govern business operations in Hong Kong.
Expanding a business internationally requires extensive knowledge and preparation. This guide will help build your Hong Kong business capability so you can increase your chances of commercial success and avoid common traps. The Hong Kong Doing Business Guide is your starting point on this journey. Asialink Business also offers training programs and other resources to support your business goals.
