BLOG

BACK

🌟Government Subsidy Program🌟 (BUD Dedicated Fund) - What is it?

NOVEMBER 15, 2023

🌟Government Subsidy Program🌟 (BUD Dedicated Fund) - What is it?
It is a program that assists Hong Kong enterprises in developing their brands, upgrading and transforming their businesses, and expanding their domestic and mainland

How does it help?
It helps Hong Kong enterprises in developing their brands👏, upgrading and transforming their businesses, and expanding their domestic and mainland market operations, thereby enhancing their competitiveness and expanding their business scope.

What is the funding amount?
The cumulative funding ceiling for each enterprise has been increased to 💰7 million, with a maximum of 70 approved projects.

What is the funding scope?
The funding scope covers projects related to brand development 💪, upgrading and transforming businesses, and expanding domestic and mainland markets.

Which markets are covered by the funding?
The funding covers the Association of Southeast Asian Nations (ASEAN) member countries, Macau, Australia, Chile, Switzerland, New Zealand🌎, and others.

Who is eligible to apply?
All non-listed Hong Kong enterprises👍 that have substantive business operations in Hong Kong are eligible to apply.

Is an audit report required?
According to the requirements of the BUD Dedicated Fund, enterprises are required to submit a final report, 📊 audit report, and relevant documents and supporting evidence within two months after project completion.

If you want to learn more about audit reports📊, make an appointment now! We will be happy to provide you with more detailed information and answer your questions!

"Smart Accounting for the Happy Life!" 🎉
🌟 Follow us now to stay updated with the latest news and tips for SMEs! 🌟
💡 Facebook: CLGCPA👍
💡 Instagram: @clg_group_hk📸
💡 LinkedIn: CLG Group🔗