opening an electronics company in hong kong
TRANSCRIPT
Opening an Electronics Company in Hong Kong
A presentation brought to you by OpenCompanyHongKong.com
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Electronics Industry in Hong Kong
• The electronics industry in Hong Kong is one of the most developed business sectors.
• Electronic components, parts and products account for more than half of the city’s exports.
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Electronics Industry Features in Hong Kong
• Hong Kong is one of the world’s largest exporter of mobile phones.
• An important part of the total electronics exports consist of high-tech products.
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Electronics Exports from Hong Kong
• The electronics industry is the largest merchandise export earner.
• China is the largest recipient of electronics exports from Hong Kong and also an important source for parts.
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Electronics Industry Performance in Hong Kong
• Hong Kong companies export both finished products and parts and components.
• IT equipment and parts, telecom equipment and parts, semiconductors and electronic valves are examples of exported items.
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Options for Foreign Investors in Hong Kong
• Foreign investors who want to open an electronics company in Hong Kong can open a local company.
• An alternative is to open a branch in Hong Kong that will be overseen by the parent company abroad.
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Company Formation Requirements in Hong Kong
• Companies that operate in the electronics business sector need to be incorporated in Hong Kong.
• Company registration is straightforward. The new company needs a name and bank account afterward it can be registered.
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Company Compliance in Hong Kong
• Company registration in Hong Kong is submitted to the Companies Registry.
• Corporations need to comply with the existing requirements for taxation and annual reporting and auditing.
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Reasons to Choose Hong Kong
• The electronics industry in Hong Kong is well-developed and has attracted many foreign investors in the city.
• Hong Kong is an important trading hub in the Asia-Pacific Region, including for electronic parts. Many skilled workers are available for employment in this field.
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Assistance for Investing in Hong Kong
• Investors in Hong Kong can request professional consulting services for opening a business in Hong Kong.
• One of our company registration experts in Hong Kong can help you start an electronics company.
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