Hong Kong is renowned for its open and business-friendly environment, making it a prime location for international trade. However, understanding its trade regulations is crucial for businesses to thrive. Here’s a guide to help you navigate these regulations effectively. Understanding the Regulatory Framework Hong Kong’s trade regulations are designed to facilitate business while ensuring compliance…
(To watch the full press conference with sign language interpretation, click here.) Chief Executive John Lee today said the new policy of regulating subdivided units (SDUs) balances the genuine demand for these flats with ensuring the market is healthy in its existence. Mr Lee proposed in his Policy Address to set minimum standards…
Chief Executive John Lee said the Government would strive to “improve livelihoods in pursuit of happiness” as he announced in today’s 2024 Policy Address that the Monetary Authority (HKMA) will adjust the maximum loan-to-value ratio for all properties to 70% and that a new system will be devised to raise standards in subdivided units (SDUs).…
Chief Executive John Lee today revealed that the Government will set up a Committee on Education, Technology & Talents to promote Hong Kong as an international hub for high-calibre talent. Unveiling a raft of measures aimed at building the city’s capacity in terms of knowledge, talent and opportunities, Mr Lee said in his 2024…
Chief Executive John Lee said in his 2024 Policy Address that he attaches great importance to building a caring and inclusive society, providing targeted assistance to the underprivileged and families in need, in addition to strengthening labour support. To direct resources to those most in need to alleviate poverty, the Government will expand the…
While delivering the 2024 Policy Address, Chief Executive John Lee announced today that the Government has made meticulous plans to strengthen Hong Kong’s position as an international hub for trade, aviation and legal services. He called attention to the reason behind why his administration is building a high value-added supply chain services centre to…
A “Hong Kong Company Limited” refers to a type of business entity that is incorporated in Hong Kong under the Companies Ordinance. Key features of a Hong Kong Company Limited include: Setting up a Hong Kong Company Limited can offer benefits such as a straightforward incorporation process, access to the business-friendly environment in Hong Kong,…
Secretary for Home & Youth Affairs Alice Mak today met Sichuan Provincial People’s Government Hong Kong & Macao Affairs Office Director Zhang Tao to exchange views on enhancing youth development and exchanges and on district governance work between Sichuan and Hong Kong. Welcoming the delegation led by Ms Zhang, Miss Mak said that Hong…
Secretary for the Civil Service Ingrid Yeung presented awards to the winners of the Love for China Chinese essay competition at a ceremony today. To celebrate the 75th anniversary of the founding of the People’s Republic of China, the Civil Service Bureau’s Official Languages Division organised a series of activities under the theme “Glorious…
The Lands Department announced today that it registered 22 lease modifications and two land exchanges in the Land Registry during the quarter ending September 2024, adding that five were technical changes involving no premium. Of the land transactions, six are located on Hong Kong Island, 14 are in Kowloon and four are in the…