If you live and work overseas, but want to invest or incorporate a company in Hong Kong, you can simply rely on TANNET in providing this service for you. TANNET will take care of everything for you, since TANNET is familiar with formation formalities, and be able to give you a tangible solution—do your business on TANNET.

One: HongKong Investment possibilities

Hong Kong is an international metro with abundant information and the free trading port. With good infrastructure and complete legal system of its own, it provides an advantage commercial environment to all enterprisers and traders. Therefore, more and more traders willing and establish their own companies in Hong Kong on different purposes, which improve not only the image of the company but also the competitive ability of the company itself.

Generally speaking, foreign investment plays a key role in the Hong Kong economy. Various sources of foreign investment like China, Japan, United States, Europe Union or United Kingdom etc., both of them have substantial amounts to investment in Hong Kong. There is no industries closed to foreign investment in Hong Kong. On the other hand, it is not only permitted but 100% foreign investment is very popular. Hong Kong has attracted more multinational corporations to incorporate their regional headquarters and offices in Hong Kong than any other cities in the Asia-Pacific region.

Two: Hong Kong Investment Enviornment

According to the “World Investment Report 2008” released by the United Nations Conference on Trade and Development (UNCTAD), Hong Kong was the second largest FDI recipient in Asia after the mainland of China.Hong Kong was the world's seventh and Asia's second largest FDI recipient, attracting US$54.4 billion inward investment in 2007. Hong Kong was also ranked Number 1 globally in the report's Inward FDI Performance Index, which measures the amount of FDI relative to the size of the economy.

Three: Business Environment and Culture

Hong Kong prides itself in the "little government, big market" approach, where the comparatively light hand of regulatory bodies ensures Hong Kong remains of world-class standard while providing the pro-business framework that creates a just and level playing field. The government lives by the mantra "emarket leads, government facilitate".

With the natural assets, the primary economic sector is negligible in terms of contribution to GDP and employment. In the last 20 or so years, GDP constituents have changed from 69% services and 30% manufacturing to 90% services and around 10% manufacturing. This testifies to Hong Kong and its inhabitants are being widely renowned for their ability to adapt and reinvent. Now that manufacturing has largely moved over the border to the Mainland, Hong Kong is embracing its role of manager, financier, marketer, logistics organizer, and trader and in tourism, the key industries which now comprises the majority of GDP and employment.

Four:Introduction of Immigration

The Immigration Department of the Hong Kong Special Administrative Region (Immigration Department) may revise the information according to changes in circumstances without prior notice. Any person who wishes to submit application under the Scheme may make enquiry with the Immigration Department for up-to-date information.

Five:Objective of Immigration

The objective of the Scheme is to facilitate the entry for residence by capital investment entrants (the entrant), i.e. persons who make capital investment in Hong Kong but would not be engaged in the running of any business here. The entrant is allowed to make his choice of investments amongst permissible assets without the need to establish or join in a business.

Six:Scope of the Scheme

The Scheme is applicable to

(a)foreign nationals (except nationals of Afghanistan, Albania, Cuba and Democratic People's Republic of Korea);
 
(b)Macao Special Administrative Region (Macao SAR) residents;
 
(c)Chinese nationals who have obtained permanent resident status in a foreign country;
 
(d)stateless persons who have obtained permanent resident status in a foreign country with proven re-entry facilities; and
 
(e)Taiwan residents.

 
Seven:Eligibility Criteria

Eight:Permissible Investment Asset Classes

The entrant should invest not less than HK$6.5 million.

Nine:Application Procedures

Immigration Department Headquarters;
Immigration Branch Offices;
Chinese Diplomatic and Consular Missions; and
Immigration Section of the Office of the Government of the HKSAR in Beijing.
 

Ten:Contact Us

If you have further queries, don't hesitate to contact Tannet anytime, anywhere by simply visiting Tannet's website www.company-registry.net, or calling  Hong Kong hotline at 852-27826888 or China hotline at 86-755-82143181. or emailing to mailtannet@21cn.com. You are also welcome to talk with Overseas SME Service Department online by simply joining our MSN:service@tannet.net

Tannet--A Sound Global Business Solution Partner, Serving the World of Business, Professionally & Reliably.

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