About Hong Kong

Hong Kong is the most important financial hub in the Far East, which makes it one of the most important in the entire planet.

Hong Kong is the dream of anyone who believes in the free market. Hong Kong was the freest economy in the world according to the Index of Economic Freedom for 25 years in a row, and just last year it fell to the second place. The city is an example of fiscal health, and even after some time of social unrest, it continues to thrive as a global investment hub.

Why? Aside from its free economy, it is the most solid entryway to the biggest market in the world, China. It is the only place in mainland China that allows free capital flow, and despite some difficulties, it continues to be a semi-autonomous region under the One Country, Two Systems principle. Thus, it has enacted strong business laws paired with a common law system that allows investors to breathe easy knowing their assets are safe in Hong Kong.

Mundo’s Country Rating

Mundo's country rating is essentially a freedom index whereby our team of specialists rates a combination of freedoms, including freedom from violence and personal attacks, financial freedom from high taxes and other government levies, and business freedom from government interference.

Ease of business: 10

Hong Kong was the freest economy in the world for 25 years and it just fell last year all the way to… Second. Opening a company is a two-day process, it has an incredibly efficient public sector and sound financial licensing processes. Hong Kong was made for business and you can tell it. It’s the largest free port in the world and the only place in mainland China allowing a free flow of capital. 

Hong Kong is an example for policymakers looking to make their countries friendlier for business and the perfect example of how to incorporate technology into business to make it swifter and better. 

Banking in Hong Kong

Hong Kong is one of the best banking destinations on the planet. It is the most important financial hub in the Far East and one of the freest economies in the world. We would not be a serious provider if we did not have experts in Hong Kong. But we do, and we can help you open a corporate bank account. In fact, for premium clients that can open a bank account with $2 million, we can help them do so remotely.

So, why should you have a bank account in Hong Kong?

  • Hong Kong is China’s entry door. It is the only place in Mainland China that allows free flow of capital and half of China’s FDI flows through Hong Kong.
  • The Hong Kong Dollar is the ninth-most traded currency in the planet.
  • Fully whitelisted with OECD compliance
  • The most important banks in the world are present in Hong Kong and generally have high liquidity levels.
  • Incorporating a business only takes a couple of days
  • Hong Kong is the biggest free port in the world
Corporate Services in Hong Kong

Hong Kong is one of the most important financial hubs, business centers, and trading port in the planet. It is the largest free port in the world, surpassing even the Colon Free Zone in Panama. Plus, its unique status with China thanks to the One Country, Two Systems regime has made it the top entryway to China.

China is the largest market in the world but is hard to enter there. Hong Kong is the easiest way to do so. It is the only part of Mainland China that allows free capital flow, which means that over half of the FDI in China flows through Hong Kong. 

Further, Hong Kong led the Index of Economic Freedom for 25 years, and only moved to the second position last year. Thus, it is well-known as a free market paradise and one of the most important financial centers in the entire planet. The fact that, even though Hong Kong is a city with less than 10 million inhabitants, the Hong Kong Dollar (HKD) is the 9th-most traded currency in the world, proves it.

Wealth Management and Forex in Hong Kong

Wealth management is an activity that varies depending on what you want to do with your resources. If what you want is to accumulate wealth and gain profit from your capital, it can be an interesting yet complicated task. 

Today, there are dozens of alternatives for people to invest and try to gain more profit from their assets or resources, and choosing between one of them could be crucial to the success of people that want to see their wealth grow. 

Also, investors have more options to look into opportunities outside their home country, so they have even more possibilities to consider fulfilling their will of increasing their wealth. 

And one of the best options to do so is Hong Kong. This city is one of the biggest financial centers of all the world. There are plenty of new business opportunities in which individuals can venture profit from their wealth. Some of these activities are becoming increasingly popular among the investors that want to keep up with modern economic trends.

E-Money License in Hong Kong

The ever-growing world of technological advancements is improving all human activities, making people's lives better by connecting individuals worldwide, reducing the time and costs of economic activities exponentially, and giving new work opportunities through digital platforms. 

Regarding this matter, Hong Kong is one of the leading forces behind technology development in the economic field. Many improvements in this topic are due to the economic liberties entrepreneurs and businesses can enjoy in the territory.

Given that local businesses can now offer their products in worldwide markets, individuals could face problems regarding the payment of the services or products they are offering. With the ever-changing world of currencies and their value in international markets, customers and entrepreneurs' difficulties regarding the agreement of a method and currency to finish the transaction.

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