CEPA
The Closer Economic Partnership Arrangement (CEPA) – a free trade pact – between Hong Kong and the Mainland provides
enhanced and first-moved advantage for Hong Kong law firms into the Mainland market. For example, under CEPA:
- Hong Kong and Mainland law firms may be established in the form of a partnership association
- Mainland legal firms may employ Hong Kong legal practitioners for certain kinds of legal work
- Hong Kong legal practitioners meeting certain requirements can apply to practise as lawyers in the Mainland