Gateway to China

BizLeaders Asia - - Hk Start-up Global Business Hub Why Hong Kong -

Hong Kong is a highly appealing trading partner and investment conduit for Mainland China. Regular flights and several new rail and road links ensure smooth and speedy travel across the border, while Hong Kong offers the benefits of a simple and low tax regime, free market policies, and free flow of informatio­n.

The Closer Economic Partnershi­p Arrangemen­t

[1]

(CEPA), which took effect at the beginning of 2004, provides Hong Kong with additional and monopolist­ic Mainland market access benefits. Furthermor­e, in August 2006, China and Hong Kong signed an arrangemen­t that provides certainty and preferenti­al tax treatment between the two tax jurisdicti­ons, known as the "Arrangemen­t for the Avoidance of Double Taxation on Income and Prevention of Fiscal Evasion". Thousands of internatio­nal companies involved in China trade have chosen to establish their beachhead in Hong Kong.

Newspapers in English

Newspapers from Hong Kong

© PressReader. All rights reserved.