2 Aug 2018
Glossary: Individually owned businesses
Individually owned businesses are usually shops operated by an individual or a family. An individually owned business that is properly registered according to relevant rules and regulations will enjoy civil rights as a legal commercial entity. CEPA allows Hong Kong and Macau permanent residents with Chinese citizenship to set up individually owned stores in the Chinese mainland, but can only take the form of “individual operations”.
Related section: CEPA
- Individually-owned Business Opens up Further to Hong Kong
- New Tax Measures for Individually-Owned Businesses Take Effect
Related term: CEPA