Hong Kong, a premier international financial center, witnessed a 15% year - on - year surge in new company registrations during the first half of 2024, with over 60% opting for offshore operating structures. This growth underscores the city’s enduring appeal as a strategic hub for global businesses seeking tax efficiency and capital flexibility.

The region’s unfettered capital flow, free from foreign exchange controls, enables seamless international transactions. Companies can open multi - currency accounts, streamlining cross - border trade settlements. Registration is expedited, taking merely 1 - 2 weeks with no minimum capital requirement, and Hong Kong - registered entities enjoy high international credibility, facilitating overseas listings and fundraising.

Since joining the Global Anti - Base Erosion (GloBE) rules in 2024, Hong Kong has tightened anti - tax avoidance measures. Companies engaging in related - party transactions must prepare transfer pricing documentation to ensure compliance and avoid potential penalties.