Doing Business in Hong Kong

Doing Business 2017 - Measuring Business Regulations

Annual Publication by Word Trade Bank

 

Doing Business is an annual reports published by World Trade Bank that describes how easy or difficult it is for a local entrepreneur to open and run a small to medium-size business when complying with relevant regulations in Hong Kong. It measures and tracks changes in regulations affecting 11 areas in the life cycle of a business:

 

  • Starting a business – Procedures, time, cost and minimum capital to open a new business
  • Dealing with construction permits – Procedures, time and cost to build a warehouse
  • Getting electricity – procedures, time and cost required for a business to obtain a permanent electricity connection for a newly constructed warehouse
  • Registering property – Procedures, time and cost to register commercial real estate
  • Getting credit – Strength of legal rights index, depth of credit information index
  • Protecting investors – Indices on the extent of disclosure, extent of director liability and ease of shareholder suits
  • Paying taxes – Number of taxes paid, hours per year spent preparing tax returns and total tax payable as share of gross profit
  • Trading across borders – Number of documents, cost and time necessary to export and import
  • Enforcing contracts – Procedures, time and cost to enforce a debt contract
  • Resolving insolvency – The time, cost and recovery rate (%) under bankruptcy proceeding

 

In 2017, Hong Kong ranks number 4 out of 189 countries studied by the World Trade Bank.

Snapshot and Key Indicators

Resource Videos by Hong Kong Trade Development Council