Best 5 reasons to start your business in Hong Kong - PowerPoint PPT Presentation

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Best 5 reasons to start your business in Hong Kong

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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 :- – PowerPoint PPT presentation

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Title: Best 5 reasons to start your business in Hong Kong


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Government Initiatives
  • 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.

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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.

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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 Kongs fertile policies towards
    cryptocurrency gives new investment chances.

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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.

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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.

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