Hong Kong is a thriving hub for international business, and one of its most attractive features is that there are plenty of Hong Kong businesses for sale. Whether you’re an entrepreneur looking for a great investment opportunity or a seasoned business executive searching for a new venture to take on, here are some of the positive benefits of buying a Hong Kong business.

1. Tax Benefits

Hong Kong boasts one of the most favourable business tax regimes in the world, offering some of the lowest rates and simplest procedures available. With an 8.25 percent profits tax rate, there are attractive incentives to investors. Companies that are involved in international and Mainland China trade can also benefit from not having to pay any import/export duties or tariffs as no tariffs of any kind are imposed under the Closer Economic Partners Arrangement (CEPA).

2. Location

Hong Kong is ideally located as it occupies a central and strategic position in Asia for doing business. This not only allows for easy access to Mainland China, but its time-zone (GMT+8) means that businesspeople can easily engage in doing deals with the West and East. Moreover, with its Hong Kong International Airport connecting the city to the world, it is easy to travel for business meetings. Hong Kong is also known for its modern infrastructure, making it easy to do business here.

3. Ease of Doing Business

Hong Kong is a very business friendly country, offering a level field for all types of businesses. With no currency controls, no minimum capital for foreign investors, a highly efficient bureaucracy and lack of official red tape, it is one of the easiest countries in the world to do business in. This makes it a great choice for entrepreneurs to start their new business without having to worry about the initial costs.

4. Quality Human Resources

Hong Kong is home to a world-class workforce that is highly educated and skilled. With tertiary education institutions like the University of Hong Kong and the Hong Kong University of Science and Technology, there is a huge pool of highly educated professionals available for employment. Moreover, the city offers numerous language classes for both English and Mandarin, equipping professionals with the necessary skills to communicate in the business world.

5. Connectivity

Hong Kong maintains strong links to the Chinese mainland. With many international firms having offices in the Special Administrative Region, there is an easy way to access funds, consultancy services, markets, and contacts for doing business. Being connected to the mainland means one can benefit from the vast resources of Mainland China, and its vast markets and manufacturing resources.

With all these benefits to gain from a Hong Kong business for sale, there is no better place to invest. For entrepreneurs and business executives looking to spread their wings in Asia, Hong Kong is the perfect platform to start that journey.