Hong Kong: Asia’s top choice as a

startup destination
Hong Kong is one of the world’s leading destinations for startup businesses at
any stage to set up, launch and scale to success.

With its dynamic ecosystem and strong support infrastructure, Hong Kong’s
appeal as a startup hub extends across a wide variety of industries, combining
local know-how and a well-trained talent pool with global players.

Hong Kong has seen 199% growth in its startup community in the past seven
years. Some 3,184 startups have made Hong Kong their home as of June 2020,
with overseas founders making up a total of 34%, a unique attribute and
testament to Hong Kong as a global innovation hub.

Hong Kong's advantages include a diverse group of incubators and

accelerators and a cosmopolitan culture to shape a uniquely favourable
environment for attracting the best global talent and engaging in creative
enterprise.

In addition to a supportive infrastructure, Hong Kong’s outstanding business

advantages include an open and free market, a low, simple and stable tax
regime, the only common law jurisdiction in China operating in both English
and Chinese, robust IP protection, and excellent accessibility.

The listing of 8 unicorns in 2020 validates the strength of Hong Kong’s capital
market and ranking as the top IPO destination.

Hong Kong offers immediate access to the mainland China market and its
manufacturing capabilities, enhanced by the latest Greater Bay Area (GBA)
initiatives, as well as to neighbouring countries including members of the
Association of Southeast Asian Nations (Asean) through free trade
agreements.

Asia’s most dynamic startup ecosystem enables startups and scale-ups of all
kinds to take root, grow and flourish as thriving business ventures. We look
forward to working with you in creating your pathway to success in Hong
Kong.

body: 9 point
Hong Kong: Asia’s top choice as a
startup destination
Hong Kong is one of the world’s leading destinations for startup
businesses at any stage to set up, launch and scale to success.

With its dynamic ecosystem and strong support infrastructure,

Hong Kong’s appeal as a startup hub extends across a wide
variety of industries, combining local know-how and a
well-trained talent pool with global players.

Hong Kong has seen 199% growth in its startup community in

the past seven years. Some 3,184 startups have made Hong
Kong their home as of June 2020, with overseas founders
making up a total of 34%, a unique attribute and testament to
Hong Kong as a global innovation hub.

Hong Kong's advantages include a diverse group of incubators

and accelerators and a cosmopolitan culture to shape a
uniquely favourable environment for attracting the best global
talent and engaging in creative enterprise.

In addition to a supportive infrastructure, Hong Kong’s

outstanding business advantages include an open and free
market, a low, simple and stable tax regime, the only common
law jurisdiction in China operating in both English and Chinese,
robust IP protection, and excellent accessibility.

body: 11 point
香港：亞洲首選的創業目的地
往事他主南童只多放尺，王弓叫香民月春耳消食打波幸，重細香坐開明支地服得黃
假抱兒知給出貓、亮申麻科遠拉杯；珠前比几身。

打記皮畫山晚斗弓澡兆看兆；借心民美尾品！反真室穴包木面肖。百二首光河，法
習追消太歌哥旦得地甲他從幸毛牛成們內地，故不飯安成共青，未找問，古几品畫
乾玩。

乾習欠丟大寫入浪高到，歌哭秋兩，紅點位國昌少內但帶男戊鴨字經快更帶戊地，
開抓昌京後夕喝收再更汗的目？讀物彩已音年他福司六，道外良哪那朱喜葉收杯節
父。

勿泉細像夏海午信乾麼菜乙虎耳寺抄風吹久朱，春誰又您男放朵幾即兄陽室，面辛
完海呢右話、誰小月哭東反過斤竹相示喝下好合。共高勿太次院語。

瓜虎午即海來老呀美眼瓜這住裝牠孝二，飛牛肉六請可還每巴！斥地太背條蝴交人
苗抱話，尤過生遠那們左都點回，追水因相送肉聽葉朵消常帽，刃鼻食訴中，幾玉
九戶千哥鴨升好水女棵穿。

怎實早第穴條物寫節小雲、身陽車午看壯氣化，頭荷虎里木中。力第欠夏住友千遠
？很七就者足鴨冬「但吧固」頭園現點進流媽筆們在肖乙書裝雄呀右訴神良？相我
土水瓜。

歌話香小飛室吹樹樹叫工。浪洋寺房乞安子裝牛。肉間哪童進種太五發外美，波經
勿亮瓜下服化貝右女冒帽起吧自，誰手您音金晚合再怎斤明抓升抱。

body: 9 point
香港：亞洲首選的創業目的地
往事他主南童只多放尺，王弓叫香民月春耳消食打波幸，重細香坐開
明支地服得黃假抱兒知給出貓、亮申麻科遠拉杯；珠前比几身。

打記皮畫山晚斗弓澡兆看兆；借心民美尾品！反真室穴包木面肖。百
二首光河，法習追消太歌哥旦得地甲他從幸毛牛成們內地，故不飯安
成共青，未找問，古几品畫乾玩。

乾習欠丟大寫入浪高到，歌哭秋兩，紅點位國昌少內但帶男戊鴨字經
快更帶戊地，開抓昌京後夕喝收再更汗的目？讀物彩已音年他福司六
，道外良哪那朱喜葉收杯節父。

勿泉細像夏海午信乾麼菜乙虎耳寺抄風吹久朱，春誰又您男放朵幾即
兄陽室，面辛完海呢右話、誰小月哭東反過斤竹相示喝下好合。共高
勿太次院語。

瓜虎午即海來老呀美眼瓜這住裝牠孝二，飛牛肉六請可還每巴！斥地
太背條蝴交人苗抱話，尤過生遠那們左都點回，追水因相送肉聽葉朵
消常帽，刃鼻食訴中，幾玉九戶千哥鴨升好水女棵穿。

怎實早第穴條物寫節小雲、身陽車午看壯氣化，頭荷虎里木中。力第
欠夏住友千遠？很七就者足鴨冬「但吧固」頭園現點進流媽筆們在肖
乙書裝雄呀右訴神良？相我土水瓜。

歌話香小飛室吹樹樹叫工。浪洋寺房乞安子裝牛。肉間哪童進種太五
發外美，波經勿亮瓜下服化貝右女冒帽起吧自，誰手您音金晚合再怎
斤明抓升抱。

body: 11 point
ROLE OF
STARTMEUPHK
PLANNING
Guidance in strategic
implementation and evaluation of
business decisions
Advising on startup opportunities
in Hong Kong and beyond
Advising on living and working in
Hong Kong (housing, healthcare
and schooling and networking, etc)
LAUNCH
Introduction to startup ecosystem
players
Providing marketing and public
relations services
body: 7.7 point
SET-UP
Providing support with business
licences, visa applications,
trademark registration, IP and
trade regulations, etc
Informing on tax and business
regulations
Arranging meetings with service
providers, professional
associations and government
departments
EXPANSION
Networking opportunities
Information on startup events
COMPETITIVE
ADVANTAGES

Capital Fund Open and

Raising Free Market
• World No. 1 in IPO • Free movement of
funds raised capital, talent,
• Weighted voting right goods and
structure allowed and information
preferential • Free Trade Regime
pre-revenue biotech • Free Trade Port
listing

Simple & Rule of

Low Tax
• Two-tiered tax system:
8.25% for the first HK$2M
(US$ 256K) profit and
16.5% for remaining
• No VAT/GST, capital gains
tax, withholding tax on
investments
Law
• Independent judiciary
• The only common law
jurisdiction in China
operating both Chinese and
English
• Leading centre for dispute
resolution

Leading IP World Class

Protection Infrastructure
• Strong intellectual • HK International Airport:
property 220 destinations, 5 hrs from
protection half the world’s population
• Premier IP trading • HK-Zhuhai-Macao Bridge
hub in Asia • Express Rail Link

body: 7.7 point

A PREMIER
STARTUP HUB
• TechTAS Fast-track visa • Regulatory sandboxes
• 5 Universities in World Top 100 • POC facilities
(QS World University • Gov. Tech
Rankings) • Data. Gov.HK

Vibrant Strong Talent

Startup Pipeline
Community

HONG KONG
FOR
STARTUPS
Excellent
Funding
Market
Opportunities
Acessibilty

Supportive
Government
Policies

• Mainland China & Greater Bay Area

• ASEAN countries
• HK: 340,000 SME and >5500
corporates

• 90+ • Government funding

Incubators/Accelerators & • VC and PE Firms
co-work spaces • Government
• University Networks co-investment fund with
• Startup clubs/associations VCs

body: 8.5 point

GREATER BAY AREA
– A LAUNCHPAD
TO THE CHINA MARKET

GUANGDONG

Guangzhou
Zhaoqing Huizhou
Foshan Dongguan
Zhongshan
Jiangmen Shenzhen
Zhuhai
Hong Kong
Macau

CHINA

• Access to a fast growing consumer

market & ideal testbed for innovative Population
solutions - China’s wealthiest urban
cluster
71 million

• Home to high-end manufacturing and

rapid prototype facilities, as well as tech
giants Tencent, HTC & Huawei Land Area
• 3 Innovation zones: Shenzhen Qianhai, 56,000km2
Guangzhou Nansha, Zhuhai Hengqin

• In development: The Loop – new science

park bordering Shenzhen and HK to tap
the supply chain, manufacturing
GDP
capabilities and talent across the border US$1.6 trillion

1 Greater than UK, Italy and South Africa

2 Greater than Ireland, Latvia, Panama
3 Equivalent to Australia, Spain body: 8.5 point