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China - Hong Kong
The Closer Economic Partnership Arrangement (CEPA), which took effect
at the beginning of 2004, provides Hong Kong with additional and exclusive
Mainland market access benefits. Thousands of international companies involved
in China trade have chosen to establish their beachhead in Hong Kong.
Every investor has a wide range of business vehicles to choose from when
doing business in Hong Kong. All enterprises are subject to the same rules.
Requirements for establishing a business in Hong Kong are famous for being
simple and straight forward. You can set up a new company in six days and it
will cost you only a few hundred US dollars.
The type of structure that is most appropriate will depend on tax issues,
strategic plans, financial aspects, willingness to take on ongoing obligations
and much more. Because of the complex and long term impact of this decision, it
is advisable to seek professional advice.
The most common forms of business vehicles foreign investors choose are:
- Private limited companies
- Branch offices of overseas companies
- Rep offices
- Partnerships/sole proprietorships
- Joint ventures
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