Hong Kong’s Free Market Economy Continues to Attract Investors
January 22nd, 2012January 21st, 2012—Hong Kong—According to some reports, Hong Kong has emerged once again as the freest economy in the world. This is the 18th consecutive time that Hong Kong has managed to achieve this creditable feat. Hong Kong’s economic policies and pro-business attitude has attracted the attention of several investors from all over the world and the ongoing economic recession in the west have made Hong Kong’s free market economics even more desirable to entrepreneurs from all corners of the globe.
According to GuideMeHongKong.com (www.guidemehongkong.com), Hong Kong will remain one of the most attractive destinations in the world for investment due to its tag of being the freest economy. In fact, last year Hong Kong was the third highest recipient of foreign direct investment and about a few thousand foreign owned companies register in the city every year. There are also talks of multinational companies trying to relocate their global headquarters to Hong Kong; as it is the city that holds the record for having the highest density of regional corporate headquarters for any city globally. Hong Kong’s free market economy as well as its pro-business laws makes the city an absolutely perfect place to do business. Hong Kong has the lowest corporate tax rate in Asia and at the same time have some of the most straightforward laws for company setup as well as company management.
As per GuideMeHongKong.com, achieving the tag of being the freest economy once again will help drive growth in the city and help Hong Kong withstand the impact of the economic recession in the west. The crisis in Europe is especially looking dangerous for the world economy and certain sectors in Hong Kong are also expected to be affected by it. However, with so much foreign investment and being a preferred global business hub, Hong Kong has all it takes to grow despite the problems in the world economy.
About GuideMeHongKong.com
GuideMeHongKong.com is a Hong Kong-focused business information portal targeted towards entrepreneurs who are exploring a move or business in Hong Kong. The site provides detailed information on Hong Kong company registration, taxation, immigration and ongoing compliance matters for startups and small to medium sized companies. Thousands of visitors use our portal every day to obtain comprehensive, accurate and up-to-date information about Hong Kong. For more information please visit http://www.guidemehongkong.com/
Non-Public Contact:
Andrew Chen
BayBridge PR Solutions
San Francisco, California
Tel: +1-415-992-7060
