It is an indisputable fact that the business environment in China and Hong Kong has been harsh this year, even worse than during the epidemic. But on the other hand, the Chinese and Hong Kong governments are sending out a lot of money (to support small and medium-sized enterprises). How much does everyone get? Or do you know how to get it?
Accountant Edward So visited Qianhai, Shenzhen last week to learn about the support policies for Hong Kong people to start businesses in Qianhai with local officials. It turns out that there are really many policies and the conditions are not too difficult. It is an opportunity for Hong Kong people. This point will be discussed in detail in another article in the future.
Last week, Accountant Edward So was invited to participate in the "Hong Kong Government Funding to Empower Mainland Business Development Sharing Session" held at the Chinese University of Shenzhen Research Institute as the guest speaker. The theme is to explain the Hong Kong government's funding for small and medium-sized enterprises. Edward introduced three types of government funding that are suitable for most companies to apply for: BUD, a special fund for brand development, upgrading and transformation, and expanding the domestic market, Technology Voucher TVP, and Marketing Fund EMF. Domestic business friends are very interested in Hong Kong government subsidies. In addition to benefiting from the propaganda of "Xiaohongshu", it is also related to their habit of closely following national policies. It turns out that the Hong Kong government’s funding conditions are that companies established in Hong Kong with substantial business operations in Hong Kong are eligible to apply. There are no restrictions on the nationality/identity of shareholders.
Therefore, domestic business friends who establish companies and operate businesses in Hong Kong are also eligible to apply. In addition to explaining the relevant application requirements, Accountant Edward So also encouraged domestic business friends to set up business in Hong Kong and then apply for government subsidies. On the one hand, it can promote Hong Kong's economy and increase employment. On the other hand, it can also promote Hong Kong brands and enter the country or other regions. Achieve a win-win situation.
If you are interested in learning about or applying for Hong Kong government funding, please contact us.
(Some pictures are taken from the public Internet. If there is any copyright, please notify us for deletion)
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