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Hong Kong (Administrative Region of China)

Hong Kong (Administrative Region of China)

At a glance

  • Capital

    Hong Kong, Tamar (Administrative Centre)

  • Currency

    Hong Kong Dollar ($, HKD)

  • Official Languages

    Cantonese, English (official languages)

  • Population Size

    7,333,200 (2022)

  • Ease of doing business

    Very Easy

  • VAT



Hong Kong was a British colony until 1997, when it became an autonomous administrative region of the People’s Republic of China. Now, it is a global financial centre, and an extremely attractive business proposition due to its proximity to mainland China and East Asia. Hong Kong’s economy is characterised by free trade, low taxation, and minimal government intervention. It is the world’s eighth largest trading economy. Strong foreign direct investment and the abundant labour force from neighbouring countries make Hong Kong an attractive prospect.