INTHEBLACK April 2022 - Magazine - Page 12
GET
SMART
STARTING UP
IN HONG KONG
TOUGH ECONOMIC CONDITIONS TRIGGERED BY
COVID-19 HAVE NOT REMOVED THE SHINE FROM
HONG KONG’S START-UP ECOSYSTEM.
A survey released by InvestHK shows the number
of start-ups in the city reached a record high
of 3755 in 2021 – an increase of 12 per cent on
the previous year. The survey shows start-ups
engaged 13,804 staff in 2021, which suggests a
positive outlook for the Hong Kong job market.
Key factors making Hong Kong a favourable
environment for start-ups:
READ THE SURVEY HERE
12 ITB April 2022
ACCESS TO
I N T E R N AT I O N A L A N D
REGIONAL MARKETS
S I M P L E TA X
SYS T E M A N D
L O W TA X R AT E
73%
67%
BUSINESS
OPPORTUNITIES IN
MAINLAND CHINA
ACCESS
TO
FUNDING
61%
59%