About Us > Hong Kong > Business Environment

  Business Environment

  • Asia’s most popular city for international business with no foreign ownership restrictions, rule of law and an independent judiciary, and free movement of capital, talent and goods
  • Consistently ranked as the world’s top financial centre and a gateway to China’s high-growth markets
  • Most competitive location in the world based on 331 different competitiveness criteria
  • Operates a low and simple tax regime with a maximum 16.5% corporate income tax and maximum 15% salaries tax
  • No. 1 location for regional operations in Asia, with 1,285 regional headquarters and 2,353 regional offices
  • World-class transportation, telecommunications, IT connectivity and utilities
  • Best judicial system and best corporate governance in Asia

International Rankings

  • #1 in competitiveness in the world (Source: World Competitiveness Scoreboard 2011)
  • #1 freest economy in the world for 17 consecutive years (Source: The Heritage Foundation and Wall Street Journal 2011)
  • #1 lowest tax misery in Asia Pacific and #3 lowest in the world (Source: Forbes Tax Misery Index 2009)
  • #2 lowest costs of doing business and business risk worldwide (Source: Opacity Index – Milken Institute)
  • #2 in the world in terms of ease of access to capital (Source: Capital Access Index 2008 – Milken Institute)

Hong Kong IPO Market

  • HKEx remains the world’s largest IPO exchange for 3 consecutive years (2009 – 2011), with 90 new listings and total fund raising size of HK$271.4 billion in 2011
  • In terms of industry, IPO activities were most active in the retail and consumer sector in 2011, with a number of global brands launching their IPOs in Hong Kong. Backed by the mega IPO of Glencore, the energy and resources sector raised the highest proceeds in 2011
  • Market sentiments that approximately 100 companies are expected to list in the Hong Kong stock market in 2012, raising an anticipated total proceeds of HK$230 billion