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About HLB International
General Information
Trade, Monetary, Financial & Legal System
Statutory Audit Requirements
Hong Kong Tax Structure
Setting up Companies in Hong Kong
Listing on the Hong Kong Stock Exchange
Doing Business in HK
General Information

In 1997, a newly created post, that of Chief Executive of the Hong Kong SAR, replaced the colonial Governor. This is an elected position and must be filled by a local Hong Kong person. The Chief Executive is assisted by an Executive Council and a Legislative Council: the former consisting of ex-official members and others from government and the general community, while the latter comprises an elected element. The Government is served by a professional Civil Service. The Government of the People’s Republic of China retains power over matters relating to defence and foreign affairs. In virtually all other areas the SAR is fully ’self governing’.