What are the major products that are exported to Hong Kong?
The major products that are exported to Hong Kong include electronics, electrical appliances, jewelry products, machines parts, watches, and toys.
Which countries are the major importers and exporters in Hong Kong?
The major partners of Hong Kong import and export are China, Japan, and Singapore. However, other countries like South Korea and the United States are also among the importers and exporters.
How is the selection or shortlisting done when employing?
The employment act of Hong Kong requires employers to give equal opportunities and only shortlist those who have the qualifications and expertise they are seeking without any discrimination whatsoever.
How do I resolve an employment dispute in Hong Kong?
The labor law of Hong Kong has a special labor tribunal that has exclusive jurisdiction on certain labor issues that include disputes relating to the Employment Ordinance. The parties are not entitled [...]
Under what circumstances does the Hong Kong employment act permit dismissal of an employee?
An employee’s contract can be terminated if; They portray gross misconduct in the company They prove incompetent They do not prove the necessary or required skills for their duties.
Does the Hong Kong Employment Act permit the employment of foreigners in Hong Kong?
Yes, an employer can hire foreign workers who have exceptional skills and expertise that is rare among the Hong Kong task force.
What Hong Kong business loans are available for SMEs?
Business loans that are available for SMEs in Hong Kong are unsecured loans, SME Financing Guarantee Schemes, Business installment loans, loans for those trading in finance and financial services, overdraft loans, mortgage, [...]
What financing alternatives does Hong Kong have to business loans?
The financing alternatives of Hong Kong are traditional loans, letter of credit, accounts receivable financing, and supply chain.
What do banks look at before issuing loans to startups?
Most banks will look at security, previous business operational success, the credit history of your business, and whether your business consists of a good amount of personal money investment before issuing loans [...]
Are there funding services for professional consultation regarding business loans in Hong Kong?
Yes, there are youth entrepreneurial services like the Youth Employment Start and the Youth Business Hong Kong which provides professional consultancy to young people. We also have SUCCESS (Support and Consultation Centre [...]