Exporting to Hong Kong

Discover more about exporting to Hong Kong below

Once a British colony, Hong Kong and the UK have a close business relationship. It is the third biggest export market for the UK in the Asia Pacific region, with over 300 British companies having offices there. It is technically a Special Administrative Region of China, but it is known as a world city. Hong Kong is an economically successful country, making it an attractive place to do business.

Take advantage of the bright future of Hong Kong with our guide to exporting your goods there from the UK.

Hong Kong Fact File

Official Language(s): Cantonese and English
Currency: Hong Kong Dollar
GDP: 271.62trn
Calling Code: +852
Capital City: None
Population: 7,234,800

Trading with Hong Kong

Imports into Hong Kong include raw materials, consumer goods, capital goods, foodstuffs, and fuel, with the UK featuring among some of the top 7 origins for imports into the country. The top UK exports in 2014 included power generating machinery and equipment, vehicles, clocks and watches and beverages and alcohol. However, Hong Kong likes to re-export its goods, so the ultimate destination of goods may not have been Hong Kong.

The legal framework in Hong Kong is similar to that of the UK, and many of the lawyers operating in Hong Kong are trained in the UK and speak English.

The business culture of Hong Kong is very similar to that in western culture. English is widely spoken in the business world and in urban areas of Hong Kong. If you have sales and marketing material, then it may be advantageous to prepare both English and Chinese versions.

Commodity Codes

You will need a commodity code for exporting outside of the EU. You can find yours on the online Trade Tariff. This classifies your goods for duty, tax rates and regulations.

Tax and Customs

Hong Kong has one of the lowest tax rates and simplest tax structures in the world. There are only three direct taxes, which are on profits, salaries and property, and there is no sales tax. Take a look at the Inland Revenue Department for easy to understand instructions on tax payment and procedures.

Most goods are not subject to import duty, unless you’re importing one of the following things:

  • Liquors (30% and above alcohol by volume)
  • Tobacco
  • Hydrocarbon oil
  • Methyl alcohol

If you’re importing these items then you’ll need an import and export licence from the Customs and Excise Department and you’ll need a removal permit to re-export them.

Prohibited and Restricted Items

There are a number of prohibited and restricted articles that are commonly found. They include dangerous drugs, psychotropic substances, controlled chemicals, antibiotics, rough diamonds, animals, plants, meat and powdered formula.

There are some items that are restricted, but are not dutiable, such as pharmaceutical items and certain food stuffs.

You can find a full list here on the Customs and Excise website. 

Alternatively make the most of TNT’s international delivery services and allow us to deal with all the legalities.