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Sign up with Google Sign up with FacebookQ: In China, is it sometimes necessary to move a company to Hong Kong?
Certain restrictions can lead to companies moving - take Google, we're all familiar with that. Could other companies, like this site for example, move somewhere else in order to avoid certain restrictions? Should they?
And this thread is totally related to China. In China, Chinese, China China.
hong kong and the mainland are always exchanging company locations. Both have benefits both have drawbacks.
I think it is common for companies to at least have a registered mailing address in Hong Kong when they do business in China. There are some loopholes that can be beneficial by being present in Hong Kong. Import/Export to China can be easier through Hong Kong, actually being allowed to set up business can be done through a daughter company in Hong Kong and may become easier that way. Some companies will use the Hong Kong office as owner of any intellectual property and for administration and only use China as a factory keeping the requirements for white collar workers in China at a minimum.
Yes, Before 1949, many companies moved to Hong Kong. Now they move back.