Australian companies are advised to spend time investigating the market, obtain professional advice where appropriate and thoroughly investigate the issues in entering the market and before establishing business relationships.
Australian firms wishing to operate in this country should commit to the highest level of corporate behaviour and familiarise themselves with Australia's laws and penalties pertaining to bribery of foreign officials.
Bribery of foreign public officials is a crime. Australian individuals and companies can be prosecuted in Australia for bribing foreign officials when overseas. Further information on the regulations governing bribery of foreign public officials is available.
For further information on frauds, scams, personal and asset security, intellectual property protection and other business risks please read more about legal issues.
Intellectual property protection
Hong Kong is uniquely placed as China’s premier international city. It offers the best forum for both Chinese and non-Chinese to engage in business transactions protected by the rule of law. Hong Kong has various ordinances to protect intellectual property rights, including:
- lay-out design of integrated circuits
- plant varieties
- trade marks.
The Intellectual Property Department of the government provides more information on intellectual property rights in Hong Kong.
Hong Kong is known as a leading centre for dispute resolution across Asia-Pacific. Hong Kong’s strong legal system, depth of professional expertise, geographical location and connectivity with the mainland are some of its key attributes. There is also strong support from the government and recognition of its role in mediation, arbitration and importantly, the enforcement of judgements between Hong Kong and the mainland.
The Department of Justice has more information for dispute resolution in Asia-Pacific.