Hong Kong BUD Fund

The BUD Fund stands for “Dedicated Fund on Branding, Upgrading and Domestics Sales”. BUD fund is to help Hong Kong enterprises capture the opportunities arising from the National 12th Five-Year Plan. The Hong Kong Special Administrative Region Government set up the BUD Fund of $1 billion in June 2012. To help SMEs. Allowing Hong Kong start-ups, further …

香港BUD基金

BUD 基金代表“发展品牌、升级转型及拓展国内销售市场的专项基金”。BUD基金旨在帮助港企把握国家十二五规划带来的机遇。香港特别行政区政府于 2012 年 6 月设立了 10 亿元的 BUD 基金,以帮助中小企业。让香港初创企业进一步把握经济机遇,提升竞争力。[…]

为香港中小企业提供1,375亿港元的财政纾困配套

除了拯救境况不佳的企业及其工人,政府于 4 月8日宣布了一项 1,375 亿港元(180 亿美元)的经济救助计划。该配套分别用于4个部分: 工作保留; 创造就业机会; 特定部门的援助; 租金优惠、费用减免、贷款  1. 保留工作的财政救济(800 亿港元)  […]

HK$137.5 billion Financial Relief Package offered for Hong Kong SMEs

Government announced a HK$137.5 billion (US$18 billion) financial relief package on 8th April, in addition to save ailing businesses and their workers. The package is divided into 4 parts: Job retention; Job creation; Sector-specific aids; Rental concessions, fee waivers, loans  1. Financial Relief on Job retention (HK$80 billion)       Employment Support Scheme First …

SPECIAL 100% LOAN GUARANTEED SCHEME FAQ

1/ What is Special 100% Loan Guaranteed Scheme? The Special 100% Loan Guaranteed Scheme is a loan guarantee scheme launched by the Government aims to help SMEs to secure loans from participating lending institutions. Thereby, help minimise enterprise shutting down and layoffs during the pandemic.    2/ Who are eligible to apply for the Special …

HongKong Post Services to Certain Destinations Suspended

It is coIt should be noted the substantial reduction in flight frequencies or even cancellation of flights to destinations in the below list by airlines. The results in no provision of air traffic capacity, Hongkong Post announced on 31st March.2020. There is a service suspension of Airmail (including Speedpost). Public can consider using surface mail service …

Special 100% Loan Guaranteed Scheme for SMEs in Hong Kong

In the Budget 2020-2021, the Financial Secretary announces that HKMC Insurance Limited (HKMCI) will introduce special 100% Loan Guaranteed Scheme. The load Guarantee is under the SME Financing Guarantee Scheme (SFGS). The new measure aims to alleviate the burden of paying employee wages and rents by small and medium-sized enterprises (SMEs).  For those are suffering …

政府进一步澄清零售业资助计划的资格标准

政府最近宣布了对零售企业的新补贴。翌日,不少零售业者赶往税务局商业登记署申请改变业务性质。从商业登记证上注明的“零售”,以申请抗疫基金的资助。 政府发言人于4月2日就零售业津贴计划再次作出以下澄清: 该计划要求申请人必须在实体店从事实质性零售业务。该计划不要求[…]

Government further clarifies eligibility criteria of Retail Sector Subsidy Scheme

New government subsidy to Retail businesses announced recently. On the following day, many retail business owners rushed to the Business Registration Office of the Inland Revenue Department.  They went to apply for a change the nature of business. From as stated in the business registration certificate to “retail” in order to apply for the subsidy under the …