Hong Kong, an autonomous territory located in southeastern China, is internationally recognized as a leading financial center. Since its handover to the People’s Republic of China on July 1, 1997, Hong Kong has enjoyed the status of a Special Administrative Region, thereby preserving its own distinct legal and judicial system.

Hong Kong’s economy is based on principles of free-market and economic liberalism. Unlike many other jurisdictions, Hong Kong offers a business environment without exchange controls, allowing for the free flow of capital and currencies. Additionally, opening bank accounts in Hong Kong is relatively straightforward, with minimal requirements and great ease of management.

In addition to its role as a global financial center, Hong Kong benefits from exceptional connectivity, with over 5,000 international flights and one of the busiest ports in the world. Its modern infrastructure and advanced communication network make it a strategic commercial hub in the region.

As a member of the Association of Southeast Asian Nations (ASEAN), Hong Kong actively participates in regional cooperation, notably contributing to the elimination of tariffs in the region in 2019.

With a dynamic business environment, political stability, and attractive tax regime, Hong Kong has become a preferred destination for offshore company formation. Its attractiveness is reflected in the increasing number of new businesses registered each year, attracting investors and entrepreneurs from around the world, thereby solidifying its status as one of the best jurisdictions for international business activities.