Points to cover in this assignment on the 10 Countries
Types on doing Business
Cultural orientation
Cognitive styles
Negociation
Value System
Business Practice
Hong Kong: Doing Business in Hong Kong
Business & Trade in Hong Kong
Employment in Hong Kong
Tax Obligations of Non-Resident Business Operators
Mandatory Provident Fund (MPF) System
Capital Investment Entrant Scheme
Entry Arrangement for Investment (to establish/join in business) in Hong Kong
Market Information & Statistics
Business & Company Registration
Customised Services for Foreign Investors
Cultural Orientation
Location: Eastern Asia, bordering the South China Sea and China
Population: 6,855,125 (July 2004 est.)
Ethnic Make-up: Chinese 95%, other 5%
Language in Hong Kong
English and Chinese are Hong Kong's two official languages. The Cantonese dialect is the most commonly spoken language in the territory, though English is the language of the business and service industries; hotel employees, many urban Hong Kong residents, most young people and shop and service personnel understand and speak it to some degree. Other Chinese dialects. such as Mandarin (Putonghua), Shanghainese, and Chiu-Chow can be heard as well. Hong Kong Society & Culture
Confucianism / Hierarchy / Family Values
.The teachings of Confucius describe the position of the individual in Hong Kong Chinese society.
.Confucianism is a system of behaviours and ethics that stress the obligations of people towards one another based upon their relationship. .Confucianism stresses duty, loyalty, honour, filial piety, respect for age and seniority, and sincerity.
.These traits are demonstrated by the Hong Kong Chinese in their respect for hierarchical relationships.
.Although not readily apparent to the casual observer, there are strict rules about appropriate behaviour and the manner in which people must act in order to respect the hierarchy.
.The handshake