Since Hong Kong started operating as a free port, it has emerged as an unbeatable financial hub. It is the undisputed fort that every investor would dream of as a Launchpad to fire a business to regional and international realms. For startups, Hong Kong nurtures and sets them on the path to prosperity. Why look elsewhere when a ready, tested & proven, and highly viable that is Hong Kong is open for you? Simply check the Hong Kong investor visa process and make your entry right away.
In this post, we explore the core reasons why Hong Kong stands out from the rest and is, therefore, the best for you.
Good business operation environment.
Hong Kong has gone to great lengths in ensuring that the business operation environment is always pro-business. In fact, this has become the norm in this Special Administrative Region of China. World Bank has ranked Hong Kong among the top economies in ease of doing business.
The process of incorporating a new business is simple and fast while migratory requirements are very straightforward. Besides, the tax regime is light, and the Hong Kong administration is very protective of investors to ensure they support the economy.
Hong Kong Administration support for investors.
As a business driven economy, Hong Kong works around the clock to ensure that investments grow steadily. It ensures that every department works towards supporting investment at all levels. From immigration to Inland Revenue Department among others, the focus is ensuring that your investment is nurtured to become the multinational you dreamt of. Besides, the administration also works with the main Chinese government to identify and support startup businesses using key programs such as the Innovation and Technology Fund, Cyberport Creative Micro Fund and the Design Center.
Huge mobile penetration.
One component of identifying a good operational niche is ease of communication. In Hong Kong, reaching the target market is easy and fast because of super high mobile penetration.
With a penetration rate hitting a high of 170%, you are sure of reaching the targeted audience and driving huge sales. If you are in the apps business, well, this is no doubt the best place to develop top applications, test, launch, and make a lot of money. Global business giants in telecoms, banking, hospitality industry, and other sectors have their eyes trained on Hong Kong.
Very high population density.
Because of space limitation, Hong Kong has invested in Skyscrapers that help to house more businesses, investors, and clients. Globally, Hong Kong is the 2nd most populated city. The high population is the best for a business startup because it presents a ready market that will make the business to grow faster. Whether you want to deal with high-value products or target business-to-business operations, no other place is better than Hong Kong.
Conclusion.
The Hong Kong business environment, supportive administration, and ease of doing business make it the ideal place for a startup. Check out the Hong Kong Investor Visa Process to apply and enjoy seeing the business grow from strength to another in a very short time.
