How To Set Up An Import/Export
Business In Hong Kong
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Content
1. Introduction ------------------------------------------------------------------ P.2-3
2. Set up procedures ----------------------------------------------------------- P.4-7
3. Sources of capital & financial aids --------------------------------------- P.8-10
4. Sources of suppliers and customers -------------------------------------- P.11-12
5. Import and Export procedures --------------------------------------------- P.13-20
6. Transporting procedures --------------------------------------------------- P.21-24
7. Receipts and Payments ----------------------------------------------------- P.25-27
8. Application - Double Dream Industries Ltd. ---------------------------- P.28-33
9. Conclusion ------------------------------------------------------------------- P.34
10. References ------------------------------------------------------------------- P.35
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1. Introduction
Trading activities are very important to Hong Kong’s economy. From the research, the
manufacturing and trading sector is the largest contributor to the Hong Kong economy.
Its direct contribution, according to official statistics, was HK$312 billion (or 25% of
GDP) in 2004. The sector also directly employed 773,400 people (23% of total
employment) in 20051. Hong Kong is also a major player in international trading
activities. From Figure1, Hong Kong is the 11th largest player in world merchandise
trade in 2005. It is very common to set up import or export companies in Hong Kong
as this industry is very worth to invest. In this report, the procedures of setting up an
import/export business in Hong Kong will be illustrated.
The report will be divided into seven pa ...