Business Friendly Environment
Hong Kong makes hospitality, convenience and professionalism its business. A global trendsetter in business and leisure, Hong Kong’s robust economy, world-class infrastructure and facilities, international mindset, safe streets, and vibrant culture, make it the only MICE destination in Asia to tick every box.
A free market
Hong Kong’s open-market policies and free flow of information give it a local business edge with global appeal, allowing event participants to make the most of its low tax rate, zero customs tariff on imported and exported goods, minimal licensing, sound legal and judicial system, and protective intellectual property legislation. The Hong Kong dollar is a freely convertible currency that’s pegged to the US dollar, and can be easily exchanged at banks, hotels and foreign exchange shops.
For more than two decades Hong Kong has been ranked as the ‘World’s Freest Economy’ by the Heritage Foundation and Wall Street Journal, and has been awarded the same accolade by The Fraser Institute for 18 consecutive years since 2000*.
A welcoming, world city
English is widely spoken in Hong Kong – especially in business – and citizens from about 170 countries can stay between seven and 180 days without the hassle of a visa. Reliable and advanced telecommunications keep our visitors hooked up to the world, with Wi-Fi and broadband internet readily available across town.
In safe, stable hands
Hong Kong is proudly considered one of the safest cities in the world, with a highly efficient and effective police force. As a Special Administrative Region of China, the territory is administered by a stable government and independent judiciary, and is largely autonomous.
The best of both worlds
The true definition of ‘East meets West’, Hong Kong’s dynamic business culture is a unification of its enterprising Chinese roots and international influence. As a world centre of trade with a highly motivated workforce of educated professionals, Hong Kong takes a truly global approach to business that encourages networking, knowledge exchange, and the forging of new partnerships.
*up to 2018