FIAL Chairman Peter Schutz's Insights

  • 06/04/2017
  • Insight

FIAL chairman Peter Schutz travelled to Hong Kong as a guest of the Hong Kong Special Administrative Region Government. The "One Country Two Systems" arrangement in Hong Kong provide a level of security and confidence for Australian businesses wanting to establish trade with China.

Peter highlighted that there are several tax and tariff advantages for companies wishing to manufacture or transform their product in Hong Kong due to its free trade agreement with China. These tax advantages combined with the relative ease for Australian businesses to set up a base in Hong Kong make it an attractive region for Australian businesses to set up a base.