Import and export of goods with Hong Kong — a bilingual EN/RU contract for the bank in 15 minutes. CISG, settlements in HKD/USD
Parties, documents and specifics for every deal scheme
Four contract types — for any deal structure with a Hong Kong partner
Import electronics, jewelry, textiles, and consumer goods from Hong Kong.
Export metals, chemicals, food products, and industrial goods through the Hong Kong hub.
A contract for services from Hong Kong companies: finance, legal, logistics.
A contract for providing services to Hong Kong clients: IT, consulting, engineering.
Key terms to reflect in the contract with Hong Kong
Hong Kong is a free port: no customs tariff is levied on imports and exports; excise duties apply only to liquors, tobacco, hydrocarbon oil and methyl alcohol.
Free trade · zero tariffsThe Hong Kong dollar is tightly pegged to the USD within a range of 7.75–7.85 HKD/USD (Currency Board). Exchange rate risk is minimal. Settlements in HKD or USD — at the parties' choice.
HKD/USD · fixed rateHong Kong applies the United Nations Convention on Contracts for the International Sale of Goods (CISG). Awards of the HKIAC (Hong Kong International Arbitration Centre) are enforced under the 1958 New York Convention, extended to Hong Kong on 1 July 1997.
CISG · HKIAC arbitrationIf the goods go through Hong Kong to mainland China, confirm the final destination and customs clearance procedure with the buyer.
Transit · re-export to ChinaAnswers on drawing up a contract with a company from Hong Kong
Fill in the form, pay online — and download right away. The file is accepted by banks and customs.
The Special Administrative Region of China retains its own legal system, based on English law, and serves as a gateway to mainland China.
In the contract, specify the Company Registration Number (CR), the full name in English, and the registered address. Verification is available through the Companies Registry e-Search service at e-services.cr.gov.hk.
HKD is pegged to the USD through a Currency Board (7.75–7.85 HKD/USD).
Hong Kong applies CISG. In our contract, disputes go to the ICAC at the Chamber of Commerce and Industry of the Russian Federation, and the governing law is Russian.
Hong Kong is a free port: no customs tariff is levied on imports and exports.