Business law

The present Hong Kong legal system is based upon the English legal system, with additional sources from Chinese law. Chinese laws here mean the Basic Law (BL) and the other Chinese laws which can be applicable to Hong Kong in accordance with the Annex three of Basic Law. In addition, Article 8 of the Basic Law does preserve the sources of Hong Kong laws from common law jurisdiction.

When the People’s Republic of China resumed the exercise of sovereignty over Hong Kong on 1 July 1997. Hong Kong became a Special Administrative Region of the PRC. On the same day the Basic Law came into effect. It means that Hong Kong’s previous legal system has continued in place as the foundation of the rule of law in the Hong Kong Special Administrative Region (the HKSAR). The present structure of our government is based upon the original structure before reunification with some amendments which are Legislative Council and Chief Executive.

The rule of law has played a vital rol...