Offshore profits tax free
Major international trade, commercial and banking centre
Increasingly high statutory compliance demands

Hong Kong is a former British Dependent Territory which became a Special Administrative Region of the People of Republic of China with effect from 1 July 1997. Hong Kong continues to have high autonomy in the running of its affairs under a one country, two systems concept. Hong Kong remains a relative powerhouse in world trade and with a comparatively small population of more than 7 million, is one of the top twenty trading economies, the world of third largest financial centre, and vies with Singapore as the largest container port by volume. Hong Kong remains the most significant gateway into Southern China.