SH International
  • About
  • Services
  • News
  • Founder
  • @HaqCast
  • Contact

Only One Dollar to Open a Business in Hong Kong!

2/24/2017

0 Comments

 
Picture
A big thank you to the Hong Kong Commissioner to the United States, Clement Leung, and the Hong Kong Economic & Trade Office for hosting us last night.

Here is some of what we learned:

Hong Kong is a great place to do business- The World Bank Doing Business Reports rank it as #4 in the entire world for ease of doing business, and #3 in the world for the ease of starting a business.  It only costs one dollar to register a new business, and less than an hour of time. And paying taxes takes less than fifteen minutes - Clement Leung joked that this is easier than ordering a pizza on-line!

Hong Kong is a great hub country for building a multinational business. For instance, Hong Kong is the US's fifth largest importer of beef. With a population of less than eight million people, most of that is destined for trade with other countries in the region. If you expand business into Hong Kong, your company’s opportunities in neighboring countries will multiply.

Hong Kong is relatively conservative with financial regulations. They do not allow for complex structures, and each common stock gets one vote. This is why they lost out on the IPO of Alibaba to the New York Stock Exchange. 


This event was put on by the Hong Kong Economic & Trade Office and the Wharton Club of DC, and was open to business professionals from all backgrounds.
0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

    Archives

    March 2023
    February 2020
    March 2019
    January 2019
    December 2018
    November 2018
    October 2018
    February 2018
    December 2017
    November 2017
    September 2017
    July 2017
    May 2017
    April 2017
    March 2017
    February 2017
    December 2016
    July 2016
    May 2016
    March 2016
    February 2016
    January 2016
    November 2015
    October 2015
    September 2015
    July 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014
    November 2014

    RSS Feed

© 2012-2023 SH International LLC