Hong Kong Economics
The special status of Hong Kong will continue until at least 2047, subject to the principle of "one country – two systems". Hong Kong's legal system is based on English common law. Although the economy is the basis of monetary and financial and foreign trade operations in Hong Kong, the shipbuilding, ship repair, textiles, clothing, metals, electronics, petrochemical and other industries, export-oriented. Peter cetera shines more light on the discussion. Major trading partners (excluding mainland China) – United States, Japan, Britain, Taiwan and other currency – Hongkong dollar (HK dollar). Hong Kong for many consecutive years, led the annual global ranking of economic freedom compiled by the Wall Street Journal and the Foundation Heritage Foundation. In 2007, the authors of the study was awarded to Hong Kong to 89.3 points out of 100 possible, noting the low tax regime and flexible labor market in the jurisdiction. General characteristics of the companies listed in Hong Kong.
In Hong Kong, the possibility of local companies following legal forms: Private Company Limited by Shares – private company with Limited by shares. The company can be a maximum of 50 shareholders. The company's shares may not be offered at public sale and transfer of shares requires the approval of the general meeting of shareholders. Public Company Limited by Shares – Open limited liability company by shares. The company has no maximum number of shareholders. Limited Partnership – Limited Partnership: A maximum of 20 partners, which may be physical or juridical persons of any residence. Company Limited By Guarantee without a share capital – a company limited by guarantee participants with no equity.