Hong kong is emerging as entrepreneurs' choice. so we are here to present 5 reasons to start your business in Hong Kong. Learn new business opportunities with pcex :- https://www.pcex.io/business-in-hong-kong/
Best 5 reasons to start your business in Hong Kong
1.
2.
3. ● The Government of Hong Kong allows foreigners
to own and operate their business solely.
● The government has a separate department
established solely for foreigners which gives them
free investment promotion.
● Hong Kong has eradicated a number of taxes to
promote the business investment. The land also
follows a zero corporate tax policy which makes
tax payable only for business activities within the
country.
Government
Initiatives
4. A Diversity of
Banks● In Hong Kong one can choose from a wide
variety of facilities in Banking sector.
● According to HKMA Register of Authorized
Institutions and Local Representative Office there
are around 190 banks in Hong Kong.
● About 50 foreign banks have a local branch in
Hong Kong.
5. Great Opportunities in
Cryptocurrencies
● Hong Kong is well known as the global and
regional hub for cryptocurrency.
● Hong Kong has the highest rate of Fintech use at
29.1%
● Wide number of Crypto-exchanges help start-ups
to raise their capital and advance in the market.
● Hong Kong’s fertile policies towards
cryptocurrency gives new investment chances.
6. Lenient Write-Off
Policy● Hong Kong offers a very beneficial write-off
policy making allowing businessmen to save
money.
● Businessmen can save money on travel for
work purposes.
● Meals and entertainment is deductible upto
50%.
● Charges for seminars, year-end parties etc are
upto 100% deductible.
7. Living standards and
health facilities.
● Hong Kong offers dynamic lifestyle and
excellent residence.
● Hong Kong offers lifetime insurance offer
which keeps one covered in all the aspects.
● There are around 180 hospitals in Hong Kong,
making healthcare available to all.
8. Thank you for your
time!
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