Doing Business in Hong Kong

Business, Trade and Investment

Thanks to its international advantages, talented workforce, world-class infrastructure and excellent business tradition, Hong Kong is one of the best business cities in the world. The city is a leading international financial center and has for decades been ranked as the world’s freest and most competitive economy.

The Hong Kong government and relevant trade and business organizations work in tandem to improve the effectiveness of the city’s business environment so that companies can adapt and stay ahead of the competition.

Learn more about Business, Trade and Investing in Hong Kong here.

US Trade and Hong Kong: Keeping Up with Developments

The Hong Kong Trade Development Council has launched a dedicated US trade resource to help you keep up-to-date on the latest developments and offer support for companies doing business with or through Hong Kong.
Please check in often for the latest updates and regulatory alerts.

Please check Visa / Entry Permits regarding visa information

Doing Business in Hong Kong

Find out more about business environment in Hong Kong here. Information about employment, pensions, market and law of Hong Kong can also be found here.

Setting up a Business in Hong Kong

Setting up a business in Hong Kong is fast and easy. Our dedicated government department, Invest Hong Kong, offers free advice and services to support companies from the planning stage right through to the launch and expansion of their business.

The Invest Hong Kong website offers a range of pertinent information from business registration to opening a bank account. Invest Hong Kong will guide you through the set-up process from start to finish.

Government Policies on Business and Trade

Commerce and Economic Development Bureau

The Commerce and Economic Development Bureau comprises the and the Communications and Creative Industries Branch. The Commerce, Industry and Tourism Branch is responsible for policy matters on Hong Kong’s external commercial relations, inward investment promotion, intellectual property protection, industry and business support, tourism, consumer protection and competition.

The Communications and Creative Industries Branch is responsible for policy matters on broadcasting, film-related issues, overall view of creative (including film) industries, development of telecommunications, and control of obscene and indecent articles. Click here for more.

Trade and Industry Bureau

The Trade and Industry Department is responsible for Hong Kong’s relations with its trading partners and works to promote bilateral and regional economic and trade cooperation to maintain a fair and stable trade regime. It promotes trade and investment liberalization and facilitation and assists Hong Kong’s enterprises in exploring foreign markets and enhancing their competitiveness. Click here for more.

Industries of Hong Kong

Four Pillars Industries

Hong Kong has undergone a remarkable transformation over the decades with the rapid expansion of its services sector. Financial services, trading and logistics, tourism, and professional services are the traditional four pillar industries in Hong Kong. They have been the driving force of Hong Kong’s economic growth, providing impetus to growth of other sectors and creating employment.

Financial Services

As one of the world’s top four international finance centres, Hong Kong is a prime location for conducting financial services business. Built on a prudent and robust financial regulatory regime with a well-educated workforce and the absence of capital control, financial services companies are given all the tools needed to succeed. Click here for more.

Tourism & Hospitality

With a local population of 7.5 million and 86 million from the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), Hong Kong’s food services and trading companies have a large customer base. 95 percent of food is imported and the free trade port makes it easy for restaurants to source new and unique ingredients. Click here for more.

Transport, Infrastructure and Advanced Manufacturing

With an enviable position in the heart of Asia, Hong Kong is the regional home to many local and global companies seeking to manufacture, source and trade products. Whilst manufacturing takes place in Mainland China and Southeast Asia, many choose Hong Kong as a base due to higher value functions including design, R&D, prototype production, technology applications, quality control, supply chain management, business development and product marketing. Click here for more.

Business & Professional Services

Hong Kong boasts a vibrant and diverse professional services sector. Strategically located at the heart of Asia, services companies can use their position in Asia’s regional business hub to serve clients both locally and regionally. Together with the Central Government’s Belt and Road initiative, there are tremendous opportunities for business and professional services including legal, accounting, human resources, consultancy, education and training and more. Click here for more.

New Growth Industries

New growth industries include creative industries, Fintech, multicultural talent pool, innovation and technology, testing and certification services, and creative industries. They are identified by the Hong Kong government as the industries where Hong Kong enjoys advantages for further development.

Creative Industries

Hong Kong’s creative industries features a broad spectrum of areas spanning art and culture, design, media, digital marketing, advertising, entertainment, film, music, gaming, eSports, multimedia and more. As Asia’s creative hub, international fairs and events such as Art Basel attract hundreds of international and local galleries annually. Click here for more.

FinTech

An international FinTech hub characterised by a diverse, resilient, and dynamic landscape, Hong Kong is a deep market on the rise with a large number of financial institutions and FinTech startups looking to rapidly scale-up. Throughout the COVID-19 pandemic, the Hong Kong FinTech sector bucked the global trend as companies continued to grow, raise capital and hire more talent. Click here for more.

Multicultural Talent Pool

Hong Kong is home to a diverse talent pool, equipped with the skills and knowledge to drive business in Hong Kong and beyond. Click here for more.

Innovation and Technology

With its proximity to Mainland China and strong support from the government, Hong Kong is well positioned to develop innovation and technology. Major R&D infrastructures such as the purpose-built Hong Kong Science and Technology Park and Cyberport are helping drive innovation and technology whilst the vigorous enforcement of intellectual property protection provides a sense of security for companies. Click here for more.

Testing and Certification Services

Environmental industries in Hong Kong mainly include sewerage and waste management, environmental engineering and consultancy services as well as import/export and wholesale trading of waste and scrap. Click here for more.

Creative Industries

Hong Kong’s creative industries features a broad spectrum of areas spanning art and culture, design, media, digital marketing, advertising, entertainment, film, music, gaming, eSports, multimedia and more. As Asia’s creative hub, international fairs and events such as Art Basel attract hundreds of international and local galleries annually. Click here for more.

Key Topics

Check out the topical issues in Hong Kong.