InvestHK is a department of the Government that concerns itself with Foreign Direct Investment. It aims to support businesses in navigating through Hong Kong's dynamic economy. It primarily focuses on sectors like Fintech, start-ups, family offices, ship leasing, aircraft leasing, and innovation and technology. The department also plays a pivotal role in attracting global talent, showcasing Greater Bay Area's opportunities, and leveraging the city's world-class infrastructure.
What sets Hong Kong apart, according to InvestHK, is its strategic positioning as a premier business hub in Asia, the simplicity and competitiveness of the tax system, a multicultural talent pool, an open business environment, and vibrant city living. This provides a fertile ground for flourishing financial services, information and communication technology, transport, infrastructure, advanced manufacturing, creative industries, and tourism and hospitality businesses.
InvestHK offers businesses assistance in understanding employment laws, tax basics, and the bank accounts system in Hong Kong. It is also instrumental in helping businesses navigate visa and immigration procedures for their employees.
The department indicates that it fosters an ecosystem that encourages creativity and innovation. It offers a comprehensive guide to exploring the latest developments and opportunities in the innovation and technology sector, underlining the dynamic nature of Hong Kong's economy.
Moreover, InvestHK provides necessary resources and support for companies setting up in Hong Kong. They have an online cost calculator, a service providers directory, and a plethora of other resources in their Resource Centre. They also keep the businesses updated about relevant local events and programmes.
In conclusion, InvestHK plays a important role in highlighting the advantages of investing in Hong Kong, making it a more approachable and desirable place for foreign investments. It ensures to empower and equip businesses with all the necessary tools and understanding to thrive in the competitive marketplace. They encompass an array of sectors, focusing not only on financial services but also on sectors of the future like innovation and technology.