Diario Internazionale

Greater Bay Area: One Zone, Many rules


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The Greater Bay Area. You’ve probably heard the pitch — eleven cities, eighty-six million people, a GDP larger than most countries in Europe, and the stated ambition of becoming a globally competitive technology and financial hub by 2035. Bigger than the San Francisco Bay Area. Bigger than Tokyo. One integrated economic zone.So imagine you’re a foreign company. You’ve decided you want a foothold in this zone. You talk to your advisors. And then you find out: three currencies. Three legal systems. Three sets of customs tariffs. And within just one of those cities — Guangzhou — district-by-district regulatory competition, each one with its own incentive package, its own rules, its own pitch for your investment.That is what we’re talking about today. Not the slogan — the reality on the ground. And there’s nobody better placed to break this down than Maeva Slotine, one of Legalmondo’s key partners in the region. She advises international companies — particularly European ones — entering Hong Kong and looking across the border into Mainland China and the Greater Bay Area.Maeva is the author of several practical guides about investing and doing business in Hong Kong, including How to Set up your company in HK, Joint Ventures, Directors’ Liability, and more.

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Diario InternazionaleBy roberto luzi crivellini