Legal Framework of Business - Essay Example

Only on StudentShare

Extract of sample
Legal Framework of Business

rities and Futures, Commission (SFC), the Office of the Commissioner of Insurance (OCI) and the Mandatory Provident Fund as the principal regulatory authorities and the legal bodies in Hong Kong to regulate banking, securities and futures, insurance and retirement schemes industries respectively and finally the Hong Kong's Prevention of Bribery Ordinance to check corruption in business transactions. There are, however, blames hurled on the legal systems not to prove adequate to support the image of Hong Kong to be the international center of commerce the major being the laws on labor that can't protect them from being exploited.
Hong Kong is Asia's main trading hub and one of the world's most open economies.. There are simple legal framework, soft taxation, almost no customs duties and no non-tariff barriers. ...Show more

Summary

Legal framework of Hong Kong is supportive of business and commerce. Global investors are still free to invest there and reap profits without worries. There are simple legal framework, soft taxation, almost no customs duties and no non-tariff barriers. There is emphasis on simple rule of law and fair market, without barriers of access to the markets by foreign business and capital flow in or out of Hong Kong…
Author : kelvin49
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Legal Framework of Business"
with a personal 20% discount.
Grab the best paper

Related Essays

Explain the Legal Framework for the Bank of England's Monetary Policy
If you are unsure of any of the above please check at the Business School Student Centre Reception. Student Number (s): 0843375 Programme:(e.g. Business Management) Business Economics Module Title: (e.g. Studying for Business) Monetary Economics Seminar Group 1 Module Code: FE3011 Word Count 1,564 I confirm that no part of this assignment.
6 pages (1500 words) Essay
The Legal and Ethical Environment of Business
Some of the most prominent laws include: Anti-trust laws Environmental laws Consumer protection laws Laws protecting the general interest of public The purpose of passing these laws is to prevent the immoral, illegal and unethical practices related to the business dealings (Business Ethics and the Legal Environment of Business, n.d.).
5 pages (1250 words) Research Paper
Business Plan
2. Investment plan Emirates Restaurant will be situated in a house previously serving as a restaurant that will be renovated to reduce costs. $50,000 will cover initial training renovation support and site selection costs. Ongoing operation costs are expected to range between 0.5 and 0.7% of the gross receipts while the cash available for the initial opening is $500,000.
4 pages (1000 words) Essay
Gulf Regional Legal Environment of Business
Well, finding the answer is not a small task because multitude of macro environmental pressure has forced the country to amend its law in regular interval. However, in the small scope of this essay, the researcher will try to find the reasons from business perspective.
6 pages (1500 words) Essay
The Competing Value Framework
The Competing Value Framework (CVF) is one of the most widely used and important models in the areas of organizational culture. The model is prepared after testing and matching the compatibility of the framework with that of the marketing activities and is convenient for practical uses.
5 pages (1250 words) Essay
Pestel framework
Kanter (1995:71) on his work of "Mastering Change" argues that success in the present day business is not for those companies that re-engineer the way they do things, or for those fixing the past. According to Kanter (1995) such an action will not constitute an adequate response.
9 pages (2250 words) Essay
Conceptual Framework
The determination of conceptual framework projects' success parameters is necessarily based on the fact that they depend on a set of prior defined variables. Since variables are subject to change over the total duration of the project it's possible that CF projects would still be continued without abatement despite their above average failure rate, in some instances almost amounting to 92%.
10 pages (2500 words) Essay
Corporate Culture and Identity
The culture of a company can prove to be its most suited accessory for giving rise to united motivation as well as emotions which are over and over again construed by corporate identity. This dissertation efficaciously delineates Corporate Culture and Corporate Identity with meticulous reference to Hotel-Restaurant Erbprinz, Ettlingen situated in Germany.
4 pages (1000 words) Case Study
Critical Essay
In addition, companies should also be responsible to stakeholders with regard to the environment, equity, employment, health and human rights and community development (Fulfilling Social Responsibility – Extract from Chinese Government Guidelines, 2013). Such
7 pages (1750 words) Essay
Find out how much would it cost
to get a custom paper written by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT