Hong Kong has been a bastion of international trade and investment since independence in July 1997. Since then, Hong Kong has attracted increasing attention from international investors and businessmen from all over the world. Even despite multiple setbacks and recessions during the Asian financial crisis and the 2008 global economic downturn, Hong Kong has emerged as one of the world's leading investment and business hotspots, well known for its liberal and low taxation and numerous free trade agreements, making Hong Kong a desirable destination for many entrepreneurs. https://www.confiduss.com/en/info/blog/article/doing-business-hong-kong/