Investors who want to start a retail business in Hong Kong can benefit from the city’s position in Asia: its geographical position and its position as an economic and financial business hub. The city attracts many foreign investors, tourists, and shoppers and it is a good location to base a retail business.

Hong Kong is a shopping destination for international tourists but it is also important for those shoppers coming from Mainland China – one of the most important emerging markets in the area. China is a valuable trade partner and supplier for business owners in Hong Kong.

We invite you to watch the following video about the retail sector:

The retail sector in Hong Kong

Hong Kong’s retail environment is a dynamic one and it relies on the number of tourists who visit the city every year and on the domestic consumption. Street shops located in prime areas throughout the city and mall-based retail chains are both two good business options for those who want to engage in trading with consumer goods.

Retailers in Hong Kong tend to also focus on the online side of shopping. Consumers are receptive towards online retailers and many retail stores have online platforms that allow for an easy shopping experience.

Large companies and retail chains are established on the Hong Kong market and provide access to various goods and services, from grocery to clothing.

Opening a retail business in Hong Kong

One important advantage for retailers in Hong Kong is the low taxation system in the city. There is no VAT levied on goods and services, no capital duty tax or payroll tax. Property owners will have to pay a real property tax on the income they derive from renting store space. The corporate income tax has a rate of 16.5% and 15% for unincorporated businesses.

Retail business owners can set up a limited liability company in Hong Kong or if they prefer, a simpler business form such as the partnership. Most investors in the consumer products and retail sector will choose to open a Hong Kong company because of the limited liability and the advantageous tax rates.

For more information about the retail sector in Hong Kong as well as other business opportunities and information, please contact our company registration representatives in Hong Kong.

Request Price

Request Call Back

Free Case Evaluation

Meet us in Hong Kong

Hong kong company formation team.jpg

Roger Pay is the Managing Director of our company and an experienced company incorporation specialist. He will help you open your company in Hong Kong as fast as possible.

Call us now at +852 35651861 to set up an appointment with our company formation experts in Hong Kong. As our client, you will benefit from the joint expertise of local lawyers and consultants for opening an offshore company in Hong Kong.

We offer:

- prompt response to your inquiry (maxim 24 hours);

- cost-efficiency: competitive company formation prices;

- free and complete legal information featured on our site, at your disposal.

+852 35651861

clients(at)opencompanyhongkong.com

Articles

Start a Retail Business in Hong Kong

The retail sector in Hong Kong

Opening a retail business in Hong Kong

Meet us in Hong Kong

Testimonials

For Website Owners

Are you a website owner? We are open to different partnerships and collaborations.

Become our Partner!

Guides

FOLLOW US

Contact us now

+852 35651861

COMPANY FORMATION SERVICES

TERMS AND CONDITIONS

RELEVANT INFO