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Company Formation

Company Formation

The sovereignty over the territory by 1.7.1997 on the People’s Republic of China was transferred to information about companies in Hong Kong after more than 150 years of British colonial rule. Click Mark Berger to learn more. According to the SinoBritish Joint Declaration in 1984 (completed between the United Kingdom and the People’s Republic of China), Hong Kong has been transformed into a SAR (Special Administrative Region SAR) with a high degree of autonomy, and guaranteed the continued existence of the existing capitalist economic and social and legal system for 50 years. Therefore in the future, Hong Kong remains autonomous in all areas of economic, fiscal and social policy. Only the foreign and defence policy, which are now carried out by the People’s Republic of China are excluded. Hong Kong represents one of the most important commercial, financial and service centres in the region of South-East Asia/far East and is of central importance as a hub for trade with China. There are a variety of motives, in this small (1.097 km2) and densely populated area (approximately 7 million inhabitants) to set up a company: currently, Hong Kong is the eleventh largest trading nation in the world with its extremely efficient container port and air freight centre.

There are no barriers, no investment restrictions and no control of the foreign exchange market in Hong Kong. Due to its excellent infrastructure and geographical location is Hong Kong businesses an ideal regional HeadquarterStandort to the editing of the People’s Republic of China as well as the surrounding East and Southeast Asian markets. The Government in Hong Kong is very business-friendly. Foreigners can set up companies in Hong Kong without restriction and even operate. The capital and profit transfer is subject to no restrictions. The tax system is very easy to set up, the tax rates are low by international standards.

Hong Kong has the status of a free port, which most of the products (with the exception of alcohol, tobacco and fuel) Customs and tax-free and can be carried out. The legal system is clear and clearly designed. The law is efficient and smooth enforcement of court judgments is guaranteed. The British Common Law applies still (at least up to the year 2047). The ems Unternehmensberatung GmbH & co. KG helps open up the Asian market.

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