Hong Kong

Hong Kong is widely recognized as a leading international arbitration hub. Its appeal as a center for resolving commercial disputes is due to a combination of factors that include a robust legal framework, a supportive judiciary, and world-class facilities.

Hong Kong is widely recognized as a leading international arbitration hub. Its appeal as a center for resolving commercial disputes is due to a combination of factors that include a robust legal framework, a supportive judiciary, and world-class facilities.

All legal services in Hong Kong are rendered by Dr. Alexander Ressos, a fully qualified Hong Kong solicitor and international business lawyer, and his team through a full-service firm of Hong Kong solicitors.

Key features that contribute to Hong Kong's status as a preferred venue for international arbitration are:

  • Legal Framework: Hong Kong has a well-established legal system based on common law, which is familiar to international businesses. The Hong Kong Arbitration Ordinance (Cap. 609) is the primary legislation governing arbitration in the region. 
  • Enforcement of Awards: Hong Kong is a party to the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards, which means that arbitral awards made in Hong Kong can be enforced in over 160 other jurisdictions, and vice versa. This is a significant advantage for parties seeking to enforce an award against assets located in other countries.
  • Arbitration Institutions: The region is home to several reputable arbitration institutions, including the Hong Kong International Arbitration Centre (HKIAC), which is one of the world's leading arbitration institutions. The HKIAC provides a range of services for the administration of arbitration and is known for its state-of-the-art hearing facilities.
  • Geographical Location: Hong Kong's strategic location in Asia makes it a convenient location for parties from different parts of the world. It serves as a gateway to Mainland China and has strong economic and cultural ties to the region, which is particularly beneficial for disputes involving Chinese parties.
  • Confidentiality: Arbitration proceedings in Hong Kong are private and confidential, which is often a desirable feature for commercial parties who prefer to keep their disputes and the details thereof out of the public domain. The confidentiality of arbitration can protect the reputations of the parties involved and safeguard sensitive information.
  • Flexibility: Arbitration in Hong Kong offers parties the flexibility to design the arbitration process according to their specific needs. They can choose their own arbitrators, decide on the procedural rules, select the language of the arbitration, and agree on the location of hearings, among other things. This flexibility allows for a tailored dispute resolution process that can be more efficient and suitable for the parties involved.
  • Infrastructure: Hong Kong has excellent infrastructure to support international arbitration, including top-tier hotels, easy transportation, and state-of-the-art facilities for conducting hearings. The HKIAC, for example, offers hearing rooms equipped with the latest technology for video conferencing and simultaneous interpretation, accommodating the needs of international parties.

In conclusion, Hong Kong's combination of a strong legal framework, supportive judiciary, enforceability of awards, professional expertise, and excellent facilities continues to make it an attractive and reliable choice for parties looking to resolve their international commercial disputes through arbitration. Its strategic location in Asia and its role as a gateway to Mainland China further enhance its position as a premier international arbitration hub.