Connectivity
Supreme connectivity
Strategically located at the heart of Asia and perched on the doorstep of the Pearl River Delta, Hong Kong is the gateway to Southern China. All Asia’s major markets are within 4 hours’ flight and half of the world’s population can be reached within 5 hours.
Hong Kong is well-linked to Mainland China through a closely knitted transportation network covering air, river and land. The supreme connectivity further consolidates and elevates Hong Kong’s competitive edges and status as an international centre for trading and shipping. Setting up in Hong Kong provides unrivalled access to talent, customers and business partners.
Under the Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA), Hong Kong enterprises enjoy preferential access to the vast Mainland market. Overseas companies set up in Hong Kong can also enjoy this benefit.
Coupled with an advanced telecommunications infrastructure and mobile network, Hong Kong is a leading digital economy providing fast, reliable and affordable broadband services that put the world at your fingertips.
Haven for shipping business
With over 150 years of maritime development, Hong Kong has one of the world’s largest shipping communities, Members of Hong Kong Shipowners Association own or manage about 10% of the deadweight tonnage of the world’s merchant fleet and a vibrant maritime cluster of over 1 100 port and maritime-related companies providing a gamut of shipping services.
Hong Kong is the world’s freest economy, with free trade, free market, free flow of capital and freely convertible currency stably pegged with the US dollars
Hong Kong’s low and simple tax regime provides an attractive business environment. For shipping, Hong Kong has entered into Double Taxation Agreements or reciprocal tax exemption arrangements covering shipping income with 56 trading partners, allowing shipping companies to retain most of their business income.
Hong Kong is an international financial and business centre. Its governance and professional practices match the best global standards. Its long trading tradition, very efficient logistics and supply chain management expertise make it one of the world’s most active trading hubs.
Sound legal system
The rule of law is sacrosanct in Hong Kong. It ensures a level playing field for business and absolute protection of civil rights and private property rights.
The independent Judiciary in Hong Kong practices common law, which is familiar to the international shipping community.
A corruption-free society, clean government and rule of law ensure a level playing field for all companies and organisations – local and international, public and private.