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Can mainland companies apply for BUD subsidy in Hong Kong?
Bader is a special fund with a total amount of 10 billion yuan (referred to as "Bader Special Fund") first launched by the Hong Kong Special Administrative Region in 20 12, which is used to develop brands, upgrade and transform, and expand the domestic market. Mainly help small and medium-sized enterprises, including start-ups, seize economic opportunities and enhance their competitiveness.

First of all, it depends on whether the mainland companies meet the application qualifications of the Hong Kong Bader Special Fund, which can be interpreted from the following points:

(1) Hong Kong Business Registration (Chapter 3 10 of Hong Kong Business Registration Ordinance);

(2) Unlisted companies;

(3) Having substantive business (employment records, business transactions, tax payment records or audit reports, etc.) in Hong Kong. );

No matter whether they are engaged in manufacturing or service industry, and whether they already have business in Chinese mainland and free trade zone economies, they are eligible to apply for funding. In order to assess whether an enterprise has substantial business operations in Hong Kong, it must submit relevant supporting documents to the Hong Kong Productivity Council for consideration. Shell companies will not be regarded as having a lot of business in Hong Kong.

Hongyuan International Consulting suggests that only if the above conditions are met can the application be made in accordance with relevant regulations.