Key Facts
Hong Kong is one of Asia’s leading business and financial centres. A dynamic, fast-moving, open and accessible market, it offers great opportunities and provides an unparalleled platform for accessing the China market and tapping into dynamic Asian economies more widely.
Their Business Claim to Fame
The Chamber’s membership ranges from SMEs to large corporations, covering an exciting and diverse spectrum of business activities.
Their Sterling Members comprise Accenture, Baker McKenzie, Bank of China, Barclays, Berkley Group, Bryan Cave Leighton Paisner (BCLP), BT, CK Infrastructure, CLP, Clyde & Co, DLA Piper, Eversheds Sutherland, EY, HSBC, ICAEW, Jardines, KPMG, Mayer Brown, McKinsey & Company, Prudential, PwC, St James’s Place, Standard Chartered, Swire and Tricor.
Their Most Exciting Sector Opportunities
Hong Kong is an efficient and user-friendly business hub, which key characteristics that include:
· an open and transparent market, with virtually no tariffs or import duties
· low and simple taxation
· a familiar and effective commercial legal system based on UK common law
· strong intellectual property protection
· the use of English as an official and widely spoken business language
· unbeatable connectivity to mainland China, and strong business and investment links with the mainland.
Their Top Business Culture Tips
· Respect diversity
· Respect Hong Kong traditions and annual celebrations/holidays
· Provide Lai See (red packets) at Chinese New Year
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Thanks to our colleagues in The British Chamber of Commerce in Hong Kong for these insights!