Here’s why it’s one of the best places in the world to launch and grow your company. A thread 🧵👇

1️⃣ Low Taxes, High Rewards 💰

1. Corporate tax? Only 16.5%!

2. No VAT, no capital gains tax, no withholding tax.

3. One of the most business-friendly tax systems globally.

2️⃣ Easy Business Setup 🏢

1. You can register a company in just a few days.

2. The process is fast, digital, and hassle-free.

3. No unnecessary bureaucracy = faster growth!

3️⃣ A Global Financial Hub 💳

1. Access to top banks, VCs, and global investors.

2. A strong fintech ecosystem & business-friendly regulations.

3. Perfect for startups & established companies alike.

4️⃣ Strategic Gateway to Asia 🌏

1. Hong Kong = Key access point to China & ASEAN markets.

2. World-class logistics, shipping, and airport infrastructure.

3. A true East-meets-West business hub!

5️⃣ Strong Legal & Business Protections ⚖️

1. Based on English common law = secure contracts & transparency.

2. Business-friendly regulations that protect entrepreneurs.

🔥 BUT there are some challenges to watch out for...

❗ High Office Costs – Prime locations are expensive! Many startups use virtual offices or co-working spaces.

❗ Strict Banking Rules – Foreigners might face hurdles opening business accounts. (Pro tip: Work with experts for smoother access!)

❗ Regulatory Compliance – Annual tax filings & audits are required. Plan ahead to stay compliant.

👉 Want to set up a business in Hong Kong without the hassle?

At McKallen, we help with:
✅ Company Registration
✅ Corporate Compliance & Tax Filing
✅ Bank Account Assistance
✅ Market Entry Strategies

Let’s make your Hong Kong business dream a reality! 🚀

💬 Thinking of expanding to HK? Have questions? Drop them below! 👇