Hong
Kong is an amazing place to live and work, with a business culture that
is very entrepreneurial and filled with dynamic & hard-working
people who take great pride in their work. It is a great place to do
business and an ideal location for anyone looking to set up a new
company. For example the recent launch of Cognatio Law,
by NewLaw industry veteran Lesley Hobbs, came about to satisfy growing
demand within Hong Kong’s business community for flexible and cost
effective legal consultancy services.
Hong
Kong business culture is relatively straightforward, but below we will
walk you through some tips and discuss how to navigate everyday working
life in this island city:
Punctuality and preparation are very important. By
showing up on time and being fully prepared you are demonstrating to
your colleagues and business partners that you value, and respect, their
time.
In Hong Kong it is customary to exchange business cards when
greeting business partners. Handshakes are generally a Western concept,
and while not usually refused (no one wishes to be impolite), they are
not customary and are probably the acceptable limit of physical contact
between business acquaintances.
Learn patience. Hong
Kong is an extremely fast-paced city, but when it comes to business
negotiations you will need to learn patience. It may take some time for
parties to agree terms, and it is not culturally acceptable or polite to
put pressure on your Chinese business partners during the negotiation
process.
As you can see, demonstrating respect is therefore vital when conducting business in Hong Kong and across Asia in general.
Since
Hong Kong’s handover to China in 1997 the city has evolved
significantly, now boasting one of the most iconic skylines in the
world, one of the smoothest running and fastest transportation systems
(known as the MTR), and has very much grown in to its own since its
establishment as a Special Administrative Region of the People’s
Republic of China (PRC) under the “One Country, Two Systems” principle.
The massive population and density of the buildings can sometimes become
a bit overwhelming, but fortunately there are many places to which to
escape such as hiking the many nature trails or spending a day at one of
the beaches. Hong Kong is full of hidden gems and, thanks to the MTR,
it is usually a quick and easy journey to reach them. Making friends in
Hong Kong is also surprisingly easy and you will find the vast majority
of people here open and welcoming. A little bit of effort obviously also
goes a long way.
About us:
Cognatio Law was
established by NewLaw industry veteran Lesley Hobbs to satisfy growing
demand within Hong Kong’s business community for flexible and cost
effective legal & compliance consulting services. We assist in-house
legal and compliance teams who are facing downward pressure to reduce
their project and resourcing expenses by seconding experts quickly and
at short notice on to any given assignment and without the risk of
incurring additional permanent employee costs. Partnering with Cognatio
law is simply the smart move! Please contact Cognatio Law today to inquire further.
Connect with Cognatio Law
2310 Dominion Centre, 43-59 Queen's Road East Wanchai, Hong Kong
Website: https://www.cognatiolaw.com/
Facebook: https://www.facebook.com/CognatioLaw/
Twitter: https://twitter.com/CognatioLaw
Credit: Prosperity Research Digital Agency(PRDA): PRDA’s Founder Douglas White developer of proven 5 step, 4 KPIs process of Social Media Marketing.
Posts
No comments:
Post a Comment