Hong Kong 


Key messages


Although Hong Kong trade and customs rules are simple and straight forward, complying with post-entry related obligations may be a challenging area for traders since HK Customs has not publicly issued any general guidance on how it would handle disputes relating to post-entry related matters (e.g., voluntary disclosure of incorrect appraisal values provided on submitted trade declarations, retroactive adjustments to appraisal values, etc).


In the event of a customs audit, compliance costs may be substantial. The audit process may severely interrupt the trader's day-to-day business operations (e.g., detainment of goods).


Hong Kong has entered into a Cooperation of Economic Partnership Arrangement (CEPA) with the People's Republic of China (PRC), which provides concessions to PRC imports from Hong Kong. This makes Hong Kong a potentially attractive trading hub for traders looking to export goods to the PRC.

Trade & Customs Contact

Karmen Yeung

Karmen Yeung

Partner, Tax

+852 2143 8753


Raphael Madarang
Tel: +852 2826 7140