Tuesday, 14 April 2015

Doing Business in Hong Kong- Introduction

Hong Kong Overview

Hong Kong consists of Hong Kong Island, Kowloon, the New Territories, Lantau Island (where the airport is located) and more than 260 outlying islands. It is situated on Mainland China’s southern coast and is the traditional (and current) gateway to China. It is less than 40 kilometres from the Pearl River Delta, China’s manufacturing hub (“the World’s workshop”).

Hong Kong’s time zone is GMT +8 hours.

After 155 years of British rule, the British government transferred sovereignty of Hong Kong to China at midnight on 30 June 1997. Hong Kong became a Special Administrative Region with its own economic, judicial and education systems, guaranteed for 50 years by the “one country, two systems” arrangement.
Since then, the city has had its ups and downs but the work ethic of its people has ensured that, overall, it has continued to prosper, and it lays strong claim to being the business and financial capital of Asia. Over 3,500 overseas companies have based their Asia-Pacific operations in Hong Kong, employing around 250,000 people. 

Hong Kong has a rich Chinese and British heritage, and Chinese and English are the city’s official languages, with English used as the main language of business. Hong Kong is a compact, efficient, and energetic city that is also one of the safest in the world.
It is home to a large expatriate community that numbers over 500,000 out of a population of seven million, and it has over 50 international schools for all age levels. Residents of Hong Kong enjoy one of the highest standards of living in the region and benefit from world-class services and amenities.

Hong Kong is an open, tolerant and pluralistic society. People are free to air their views and follow their individual religious and political beliefs. Freedom of the press is constitutionally guaranteed.

Hong Kong is ultra-modern, but there are many old buildings featuring both Western and Chinese architecture – and it has many widely recognised structures including some designed by world famous architects such as I. M. Pei and Norman Foster.

Nevertheless, one is never far from the countryside in Hong Kong and there are hiking trails within even a few hundred metres of the city. In addition, there are mountains, forests, wetlands, nature reserves, beautiful (and usually uncrowded) beaches, country parks and islands.

There is likewise great range of sporting and cultural pursuits available and plenty of dining and nightlife options.


Need more information?
Please contact:
John Barclay -Email
Teresa Tam - Email 
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Website: Primasia HK / Primasia China
LinkedIn: Primasia
Primasia Corporate Services Limited
Tel: +852 2882 2088
Suite 1106-08, 11/F., Tai Yau Building, No. 181 Johnston Road, Wanchai, Hong Kong

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