Hong Kong is a Special Administrative Region of the People’s Republic of China. Since it has the SAR status, its legal system, including company law, differs from mainland China. Establishing a company in Hong Kong is extremely easy, which may be a downside for entrepreneurs looking for a business partner there. How to verify a Hong Kong company?Continue reading
People often ask about companies from Hong Kong and if they have the same rights to operate in China as, for example, companies registered in Beijing or Shanghai? In a word: No. Hong Kong, even though it is controlled by China, is an SAR (Special Administrative Region), and it has a separate legal, economic, and monetary (Hong Kong Dollar) system.