10 reasons to live and work in Hong Kong
Looking for a city where business moves fast and life stays interesting. Hong Kong pairs a pro business system with easy daily living and world class access to Asia. Here is what makes it a smart base for your next chapter.
Hong Kong is built for momentum. Company setup takes hours, taxes are straightforward, transport just works and English is an official language alongside Chinese. If you want a place that supports careers, families and growth, start here.
Low and simple taxes
Hong Kong’s tax system is lean. Salaries tax is charged at progressive rates up to 17 percent or a standard rate on net income, whichever is lower. There is no VAT or sales tax, and no tax on capital gains, dividends or interest.
Fast company setup
Incorporate with our assistance in Hong Kong during Hong Kong office hours and week days. Electronic certificates for most private limited companies are normally issued within about an hour, and business registration is processed at the same time.
Strong banking and capital markets
Hong Kong is one of the world’s leading financial hubs with a dense network of licensed banks supervised by the Hong Kong Monetary Authority. The sector is well capitalised and continues to expand into areas such as tokenised assets under clear regulation.
Talent visas that work
Skilled professionals and founders have multiple pathways, including the Top Talent Pass Scheme, the Quality Migrant Admission Scheme and IANG for graduates. Many applications can be filed fully online and successful applicants are granted multi year stays. Read more about visas for Hong Kong and how we can support your application.
A bilingual common law system
Under the Basic Law, Hong Kong keeps its common law system and both Chinese and English are official languages for government, courts and legislation. That legal continuity and bilingualism are a daily advantage for global business.
Gateway to the Greater Bay Area and China
Hong Kong sits inside the Guangdong Hong Kong Macao Greater Bay Area, a market of over 86 million people and RMB 14 trillion in GDP. It is also a free port with no tariffs on general imports, which makes cross border trade smoother.
Global connectivity by air
Hong Kong International Airport is one of Asia’s busiest hubs, linking you to major cities worldwide with frequent flights and efficient transfers.
Efficient everyday transport
The MTR metro network is the backbone of city travel with high on time performance across heavy rail and light rail. Getting around is predictable and fast, which saves real time each week.
Nature on your doorstep
About 40 percent of Hong Kong’s land area is designated as country parks and special areas. You can finish work and be on a hillside trail or beach within minutes.
Schools and healthcare you can trust
Families have access to a broad choice of international schools across multiple curricula, listed and supervised by the Education Bureau. Public healthcare is managed by the Hospital Authority through a citywide network of hospitals and clinics, with private options available citywide.
Thinking about a move. Prism can map your visa options, set a timeline and handle the paperwork so you can focus on the transition. Read more about our services in Hong Kong.