Imports and Exports in Hong Kong

Post on 13-Apr-2017

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Transcript of Imports and Exports in Hong Kong

Imports and Exports in Hong KongA presentation brought to you by OpenCompanyHongKong.com

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Exports from Hong Kong

o Hong Kong has a longstanding tradition as a trading location in Asia.

o The city exports items like telecommunications equipment, computers, gold or jewellery.

o Important export destinations include China, other Asian countries the UAE and the USA.

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Imports in Hong Kong

• The Special Administrative Region imports items like integrated circuits, office machinery, refined petroleum and others.

• Important import partner countries include China, Japan, the USA or South Korea.

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The Trade Industry in Hong Kong

• The import and export industry in Hong Kong is well developed and the city is one of the top largest trading economies in the world.

• Investors who open a Hong Kong company will often enter a trade industry sub-sector.

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Import and Export Businesses in Hong Kong

• Companies that activate in the trade industry are subject to the same incorporation requirements as other types of companies.

• Companies in this field are also important employers in Hong Kong.

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Special Provisions for Trade Companies in Hong Kong

• The city’s free trade policies are advantageous for many Hong Kong companies. No special tariff applies on the export or imports of goods.

• Trade companies are subject to taxation and special licensing.

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Hong Kong Import Licenses

• Trade businesses are subject to company registration in Hong Kong and must obtain their business license.

• Special permits and licenses are available for trade companies and traders must meet the health, safety and security provisions.

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Importing Controlled Goods in Hong Kong

• Foreign investors who want to open a trade business in Hong Kong should pay attention to the rules concerning special products.

• The Hong Kong Customs and Excise Department has several provisions in place for importing controlled goods in the city.

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Importing Special Products in Hong Kong

• Companies that import several categories of products in Hong Kong must comply with pre-market approvals. This is the case for medicinal devices and products.

• The import of high-tech products is also subject to several regulations.

• Those who open a company in Hong Kong and activate in these fields can request specialized investment assistance.

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Assistance for Trade Companies in Hong Kong

• Investors in Hong Kong who want to import items into Hong Kong, including dutiable goods, can ask further questions about the import and export policies.

• You can contact our company registration agents in Hong Kong if you need detailed information on how to open trading companies in Hong Kong.

Thank You for Your Attention!

For more information please contact us at:

 + 852 8191 3385 (for international clients)

office@lawfirmhongkong.com

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