Hong Kong is a special administrative region of the People’s Republic of China, a member of the WTO, FATF and APEC. This jurisdiction is a recognized center for trade and business in the Asia-Pacific region. Hong Kong has been ranked first in the ranking of economic freedom according to The Heritage Foundation for several years.
The trade partners of this jurisdiction are: Japan, USA, China, United Kingdom and Taiwan.
The legislation significantly differs from Chinese jurisdiction and is based on English law.
Hong Kong jurisdiction is characterized by the absence of taxation for the companies, which are operating outside of Hong Kong, low tax rates and favorable conditions for business development in general.
Hong Kong is not offshore and is not included in the “black” lists of other states.