Hong Kong has earned a reputation as one of the most business-friendly jurisdictions in the world. At the heart of this reputation lies its simple, low-tax system. While the two-tier profits tax structure (8.25% on the first HK$2 million and 16.5% thereafter) often receives the most attention, equally important are the absence of capital gains tax, no value-added tax (VAT), and no withholding tax on dividends and interest. These features significantly reduce the cost of doing

Hong Kong has become one of the most prominent international business hubs in Asia. Among the many reasons for this status, one feature...