WHY HONG KONG? As a commercial hub between east and west, Hong Kong has created an economic model focussed on promoting commercial activity and providing the best possible environment for economic activity:
- Efficient government and one of the lowest corruption levels in the world.
- Legal system based in the rule of law – Full legal guarantees.
- English, second language.
- Free Port (no tariffs or quotas except specific cases).
- Simple, business friendly fiscal system (No VAT, low fiscal pressure).
- CEPA agreement (preferential Access to the Chinese market).
- Logistics hub (second seaport in the world by number of containers, second airport in the world by cargo).
- Financial hub (third financial capital of the world, China’s second most important stock exchange).
- Trade Fairs hub (several of the largest trade fairs in Asia, constant source of contacts)
Using Hong Kong as its headquarters, the client can reach its objectives in the region with greater speed and efficiency while minimising risks and obtaining preferential access to China. In the specific case of companies in the luxury market, Hong Kong has the advantage of being one of the largest per capita consumers of luxury goods in the world.
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