# Travel >> Destinations >> Asia

Why Hong Kong Ranks Among the World’s Freest Markets

Key pillars:

  1. Low, simple taxes – 16.5 % corporate, no capital‑gains or inheritance tax.
  2. Free trade & open port – No tariffs, minimal barriers.
  3. Rule of law – Strong property rights, contract enforcement.
  4. Limited government intervention – Laissez‑faire approach.
  5. Currency stability – HKD pegged to USD.
  6. Global financial hub – Major banks, capital flows.
  7. World‑class infrastructure – Transport, telecom, energy.
  8. Business‑freedom rankings – Top scores from World Bank, Heritage Foundation.
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