imports and exports in hong kong
TRANSCRIPT
Imports and Exports in Hong KongA presentation brought to you by OpenCompanyHongKong.com
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Exports from Hong Kong
o Hong Kong has a longstanding tradition as a trading location in Asia.
o The city exports items like telecommunications equipment, computers, gold or jewellery.
o Important export destinations include China, other Asian countries the UAE and the USA.
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Imports in Hong Kong
• The Special Administrative Region imports items like integrated circuits, office machinery, refined petroleum and others.
• Important import partner countries include China, Japan, the USA or South Korea.
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The Trade Industry in Hong Kong
• The import and export industry in Hong Kong is well developed and the city is one of the top largest trading economies in the world.
• Investors who open a Hong Kong company will often enter a trade industry sub-sector.
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Import and Export Businesses in Hong Kong
• Companies that activate in the trade industry are subject to the same incorporation requirements as other types of companies.
• Companies in this field are also important employers in Hong Kong.
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Special Provisions for Trade Companies in Hong Kong
• The city’s free trade policies are advantageous for many Hong Kong companies. No special tariff applies on the export or imports of goods.
• Trade companies are subject to taxation and special licensing.
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Hong Kong Import Licenses
• Trade businesses are subject to company registration in Hong Kong and must obtain their business license.
• Special permits and licenses are available for trade companies and traders must meet the health, safety and security provisions.
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Importing Controlled Goods in Hong Kong
• Foreign investors who want to open a trade business in Hong Kong should pay attention to the rules concerning special products.
• The Hong Kong Customs and Excise Department has several provisions in place for importing controlled goods in the city.
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Importing Special Products in Hong Kong
• Companies that import several categories of products in Hong Kong must comply with pre-market approvals. This is the case for medicinal devices and products.
• The import of high-tech products is also subject to several regulations.
• Those who open a company in Hong Kong and activate in these fields can request specialized investment assistance.
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Assistance for Trade Companies in Hong Kong
• Investors in Hong Kong who want to import items into Hong Kong, including dutiable goods, can ask further questions about the import and export policies.
• You can contact our company registration agents in Hong Kong if you need detailed information on how to open trading companies in Hong Kong.
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