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Business In Hongkong | Link-Pro CPA Hong Kong
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href="https://link-procpa.com/about-us/business-in-hongkong/" aria-current="page">Hongkong</a></li><li id="menu-item-4900" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-4900"><a href="https://link-procpa.com/about-us/business-in-china/">China</a></li><li id="menu-item-5104" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-5104"><a href="https://link-procpa.com/about-us/alliance/">Alliance</a></li></ul></li><li id="menu-item-4901" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-4901"><a href="https://link-procpa.com/about-us/careers/">Careers</a></li><li id="menu-item-4925" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-4925"><a href="https://link-procpa.com/about-us/useful-links/">Useful Links</a></li></ul></div></div></div></div></div></div><div class="wpb_column vc_column_container vc_col-sm-9"><div class="vc_column-inner "><div class="wpb_wrapper"><div class="wpb_text_column wpb_content_element " ><div class="wpb_wrapper"><h2>Economic Overview & Business Opportunities</h2><p>Have a clear picture of economic overview for Hong Kong will lead you to doors of business opportunities in Hong Kong. In the first three quarters of 2016, Hong Kong’s economy grows to 1.4% year-on-year in real terms, after growing by 2.4% in 2015. With the visible decline in tourist arrivals, the value of retail sales, dropped by 9.6% year-on-year for January to September, after the decline of 3.7% for 2015. The tight labour market condition was reflected by the seasonally adjusted unemployment rate was 3.4% for the three-month period ending September 2016, compared with 3.3% for 2015. Consumer prices rose 2.8% year-on-year in the first nine months of 2016, after increasing by 3% for 2015. Inflationary should be contained in the near term. Merchandise exports dropped 2.6% year-on-year in January till September 2016, after falling by 1.8% in 2015.</p><p>Despite of the declining of certain sectors, Hong Kong currently still remained as the world’s freest economy. Hong Kong is also the world’s most services-oriented economy, with services sectors accounting for more than 90% of GDP. Meanwhile, Hong Kong is the largest recipient of foreign direct investment (FDI) and the third largest source of FDI, after Japan and Chinese Mainland.</p><p>Hong Kong is a popular venue for hosting regional headquarters or representative offices. Apart from being one of the world’s busiest container ports, it has also the world’s busiest airport for international cargoes. Being as a regional centre, Hong Kong is a premier offshore RMB centre, at the same time, the leading telecommunications hub for the Asia-Pacific region.</p><p>By saying so, trading and logistics (23.4% of GDP in terms of value-added in 2014) tourism (5.1%), financial services (16.7%), and professional services other producer services (12.4%) have become the four pillar economic sectors of Hong Kong.</p><p>There are still more room of expansion for other industries in Hong Kong, as it is the second largest private equity centre in Asia, the fourth largest stock market in Asia while being the eighth largest in the world. Meanwhile, Hong Kong is also the third largest foreign exchange market in Asia and the fifth largest in the world. Hence, industries that have clear advantages for further development are cultural and creative, medical services, education services, innovation and technology, testing and certification services and environmental industries. All these industries together accounted for 9.2% of GDP in terms of value-added in 2014. The development of the economy in Hong Kong coupled with the advantage of being the regional centre, Hong Kong still have more business opportunities await to be explored.</p></div></div><div class="wpb_text_column wpb_content_element " ><div class="wpb_wrapper"><h2 style="text-align: left;">More Information</h2></div></div><div class="wpb_text_column wpb_content_element more-information" ><div class="wpb_wrapper"><ul><li><i class="fa fa-chevron-circle-right" style="font-size: 18px;"></i> <a href="https://link-procpa.com/hong-kong-taxation/">Hong Kong Taxation</a></li><li><i class="fa fa-chevron-circle-right" style="font-size: 18px;"></i> <a href="https://link-procpa.com/keeping-business-records/">Keeping Business Record</a></li></ul></div></div><div class="vc_row wpb_row vc_inner vc_row-fluid"><div class="wpb_column vc_column_container vc_col-sm-12 vc_hidden-lg vc_hidden-md"><div class="vc_column-inner "><div class="wpb_wrapper"><div class="vc_wp_custommenu wpb_content_element 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Principal activities (主要業務) (required)<br /> <span class="wpcf7-form-control-wrap" data-name="principal-activities"><input size="40" maxlength="400" class="wpcf7-form-control wpcf7-text wpcf7-validates-as-required" aria-required="true" aria-invalid="false" value="" type="text" name="principal-activities" /></span> </label></p><p><label> 5. Total turnover during the period 上述期間營業額 (HK$) (required)<br /> <span class="wpcf7-form-control-wrap" data-name="total-turnover-during-the-period"><input size="40" maxlength="400" class="wpcf7-form-control wpcf7-text wpcf7-validates-as-required" aria-required="true" aria-invalid="false" value="" type="text" name="total-turnover-during-the-period" /></span> </label></p><p><label> 6. No. of sales during the period 上述期間售貨宗數 (required)<br /> <span class="wpcf7-form-control-wrap" data-name="no-of-sales-during-the-period"><input size="40" maxlength="400" class="wpcf7-form-control wpcf7-text wpcf7-validates-as-required" aria-required="true" aria-invalid="false" value="" type="text" name="no-of-sales-during-the-period" /></span> </label></p><p><label> 7. No. of purchases during the period 上述期間購貨宗數 (required)<br /> <span class="wpcf7-form-control-wrap" data-name="no-of-purchases-during-the-period"><input size="40" maxlength="400" class="wpcf7-form-control wpcf7-text wpcf7-validates-as-required" aria-required="true" aria-invalid="false" value="" type="text" name="no-of-purchases-during-the-period" /></span> </label></p><p><label> 8. Value of closing stocks at year end 年底存貨價值 (HK$) (required)<br /> <span class="wpcf7-form-control-wrap" data-name="value-of-closing-stocks-at-year-end"><input size="40" maxlength="400" class="wpcf7-form-control wpcf7-text wpcf7-validates-as-required" aria-required="true" aria-invalid="false" value="" type="text" name="value-of-closing-stocks-at-year-end" /></span> </label></p><p><label> 9. No. of land and buildings/investment properties 公司物業數目 (required)<br /> <span class="wpcf7-form-control-wrap" data-name="no-of-land-and-buildings-investment-properties"><input size="40" maxlength="400" class="wpcf7-form-control wpcf7-text wpcf7-validates-as-required" aria-required="true" aria-invalid="false" value="" type="text" name="no-of-land-and-buildings-investment-properties" /></span> </label></p><p><label> 10. No. of motor vehicles 公司汽車數目 (required)<br /> <span class="wpcf7-form-control-wrap" data-name="no-of-motor-vehicles"><input size="40" maxlength="400" class="wpcf7-form-control wpcf7-text wpcf7-validates-as-required" aria-required="true" aria-invalid="false" value="" type="text" name="no-of-motor-vehicles" /></span> </label></p><p><label> 11. No. of valuable machineries / furniture 貴重機器及傢俱數目 (required)<br /> <span class="wpcf7-form-control-wrap" data-name="no-of-valuable-machineries-furniture"><input size="40" maxlength="400" class="wpcf7-form-control wpcf7-text wpcf7-validates-as-required" aria-required="true" aria-invalid="false" value="" type="text" name="no-of-valuable-machineries-furniture" /></span> </label></p><p><label> 12. No. of debtors as at balance sheet date 年結日有多少位「應收帳款」(required)<br /> <span class="wpcf7-form-control-wrap" data-name="no-of-debtors-as-at-balance-sheet-date"><input size="40" maxlength="400" class="wpcf7-form-control wpcf7-text wpcf7-validates-as-required" aria-required="true" aria-invalid="false" value="" type="text" name="no-of-debtors-as-at-balance-sheet-date" /></span> </label></p><p><label> 13. No. of creditors as at balance sheet date 年結日有多少位「應付帳款」 (required)<br /> <span class="wpcf7-form-control-wrap" data-name="no-of-creditors-as-at-balance-sheet-date"><input size="40" maxlength="400" class="wpcf7-form-control wpcf7-text wpcf7-validates-as-required" aria-required="true" aria-invalid="false" value="" type="text" name="no-of-creditors-as-at-balance-sheet-date" /></span> </label></p><p><label> 14. No. of subsidiaries and associates 子公司及聯營公司數目(required)<br /> <span class="wpcf7-form-control-wrap" data-name="no-of-subsidiaries-and-associates"><input size="40" maxlength="400" class="wpcf7-form-control wpcf7-text wpcf7-validates-as-required" aria-required="true" aria-invalid="false" value="" type="text" name="no-of-subsidiaries-and-associates" /></span> </label></p><p><label> 15. No. of representative offices / branches 辦事處及分行數目 (required)<br /> <span class="wpcf7-form-control-wrap" data-name="no-of-representative-offices-branche"><input size="40" maxlength="400" class="wpcf7-form-control wpcf7-text wpcf7-validates-as-required" aria-required="true" aria-invalid="false" value="" type="text" name="no-of-representative-offices-branche" /></span> </label></p><p><label> 16. No. of bank accounts 銀行戶口數目 (required)<br /> <span class="wpcf7-form-control-wrap" data-name="no-of-bank-accounts"><input size="40" maxlength="400" class="wpcf7-form-control wpcf7-text wpcf7-validates-as-required" aria-required="true" aria-invalid="false" value="" type="text" name="no-of-bank-accounts" /></span> </label></p><p><label> 17. No. of bank loans 銀行貸款數目 (required)<br /> <span class="wpcf7-form-control-wrap" data-name="no-of-bank-loans"><input size="40" maxlength="400" class="wpcf7-form-control wpcf7-text wpcf7-validates-as-required" aria-required="true" aria-invalid="false" value="" type="text" name="no-of-bank-loans" /></span> </label></p><p><label> 18. No. of hire purchase items 「分期付款」項目數目 (required)<br /> <span class="wpcf7-form-control-wrap" data-name="no-of-hire-purchase-items"><input size="40" maxlength="400" class="wpcf7-form-control wpcf7-text wpcf7-validates-as-required" aria-required="true" aria-invalid="false" value="" type="text" name="no-of-hire-purchase-items" /></span> </label></p><p><label> 19. No. of employees 員工數目 「分期付款」項目數目 (required)<br /> <span class="wpcf7-form-control-wrap" data-name="no-of-employees"><input size="40" maxlength="400" class="wpcf7-form-control wpcf7-text wpcf7-validates-as-required" aria-required="true" aria-invalid="false" value="" type="text" name="no-of-employees" /></span> </label></p><p><label> 20. No. of commission payees / subcontractors 支付佣金/外判人數 (required)<br /> <span class="wpcf7-form-control-wrap" data-name="no-of-commission-payees-subcontractors"><input size="40" maxlength="400" class="wpcf7-form-control wpcf7-text wpcf7-validates-as-required" aria-required="true" aria-invalid="false" value="" type="text" name="no-of-commission-payees-subcontractors" /></span> </label></p><p><label> 21. No. of [1] shareholders and [2] directors [1] 股東及 [2] 董事人數 (required)<br /> <span class="wpcf7-form-control-wrap" data-name="no-of-shareholders-and-directors"><input size="40" maxlength="400" class="wpcf7-form-control wpcf7-text wpcf7-validates-as-required" aria-required="true" aria-invalid="false" value="" type="text" name="no-of-shareholders-and-directors" /></span> </label></p><p><label> 22. No. of pages of bank statements per month 每月 銀行月結單頁數 (required)<br /> <span class="wpcf7-form-control-wrap" data-name="no-of-pages-of-bank-statements-per-month"><input size="40" maxlength="400" class="wpcf7-form-control wpcf7-text wpcf7-validates-as-required" aria-required="true" aria-invalid="false" value="" type="text" name="no-of-pages-of-bank-statements-per-month" /></span> </label></p><p><input class="wpcf7-form-control wpcf7-submit has-spinner" type="submit" value="Submit" /></p><div class="wpcf7-response-output" aria-hidden="true"></div></form></div></div></div></div></div><div class="modal fade mdl-custom" id="up_doc" tabindex="-1" role="dialog" aria-labelledby="exampleModalLabel" aria-hidden="true"><div class="modal-dialog" role="document"><div class="modal-content"><div class="modal-header"><h5 class="modal-title" id="exampleModalLabel">Submit Document</h5> <button type="button" class="close" data-dismiss="modal" aria-label="Close"> <span aria-hidden="true">×</span> 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