Invest hong kong Review

About Invest hong kong

Invest Hong Kong: Strengthening Hong Kong's Position as the Leading International Business Location in Asia

InvestHK is a government department of the Hong Kong Special Administrative Region (HKSAR) that aims to attract and retain foreign direct investment (FDI) into Hong Kong. The department was established in 2000 and has since been working tirelessly to promote the city's business-friendly environment, world-class infrastructure, and strategic location as a gateway to Mainland China and other Asian markets.

With its vision to strengthen Hong Kong's status as the leading international business location in Asia, InvestHK offers a range of services and support for companies looking to set up or expand their operations in the city. From providing market intelligence and advice on regulations, taxes, and incentives to facilitating introductions with potential partners or clients, InvestHK is committed to helping businesses succeed in Hong Kong.

One of InvestHK's key strengths is its deep understanding of different industries' needs. The department has dedicated teams focused on sectors such as fintech, innovation & technology (I&T), start-ups & entrepreneurship, creative industries, logistics & maritime services, tourism & hospitality services, among others. These teams work closely with industry associations, chambers of commerce, academic institutions and other stakeholders to identify opportunities for growth and development.

For instance:

- In fintech: InvestHK has been actively promoting Hong Kong as a leading global fintech hub by showcasing its strengths in areas such as digital payments & remittances; blockchain; regtech; wealthtech; insurtech; virtual banking; etc. The department also organizes events like the annual Fintech Week that brings together industry leaders from around the world.
- In I&T: InvestHK supports tech companies at all stages of their growth journey - from incubation programs for early-stage start-ups at co-working spaces like Cyberport or Science Park -to funding schemes like Innovation & Technology Venture Fund (ITVF) that invests up-to HKD 50 million per project.
- In Startups: Invest HK provides comprehensive support for startups through various initiatives such as Startmeup.HK which includes an annual startup competition with cash prizes worth over HKD 5 million.
- In Creative Industries: With an aim towards developing creative talent within local communities while promoting cultural exchange between countries through art exhibitions etc., they have launched CreateHongKong initiative which provides funding support for projects related to film production/ distribution/ promotion/ training etc.
- Logistics Services: With one of the busiest ports globally along with excellent air connectivity makes it an ideal location for logistics firms looking at expanding their operations across Asia-Pacific region.

Apart from these sector-specific initiatives mentioned above they also provide general assistance such as visa applications or company registration procedures making it easier than ever before for businesses looking at setting up shop here.

In addition to these sector-specific initiatives mentioned above they also provide general assistance such as visa applications or company registration procedures making it easier than ever before for businesses looking at setting up shop here.

Hong Kong offers many advantages over other cities when it comes down setting up your business:

1. Strategic Location – Located right next door Mainland China makes it easy access not only Chinese markets but also Southeast Asian ones too!

2. World-Class Infrastructure – With excellent transportation links including one of Asia’s busiest airports along with modern office buildings equipped latest technologies make doing business here hassle-free experience

3. Low Tax Rates – One major advantage offered by investing into this region are low tax rates compared against other developed economies worldwide

4. Skilled Workforce – A highly educated workforce coupled with strong English language skills means you can easily find talented employees who can help grow your business quickly

5. Stable Political Environment - As part HKSAR under Chinese sovereignty since 1997 there have been no major political upheavals ensuring stability conducive towards long-term investments

6 . Free Trade Agreements - Being part WTO member state ensures preferential treatment when trading goods/services across borders without any tariffs being imposed upon them thus reducing costs associated doing so significantly

Overall if you're considering expanding your operations into Asia-Pacific region then look no further than investing into this vibrant city-state!