Reduced operational costs
As an economic hub in Asia, the cost of running a business is high. However, you could expand to a country with lower operating costs, thus helping to save money with the reduced costs.
Export Marketing Fund Grant
It is for these reasons that the government of Hong Kong has created the SME Export Marketing Fund (EMF). The primary purpose of the EMF is providing financial assistance to SMEs which participate in export promotion activities. In this way, the SMEs of Hong Kong are encouraged to expand business activities to markets beyond Hong Kong.
- One grant for each export promotion activity.
- Each grant is for either 50% of total approved expenditure or HK$50,000, whichever is lower.
- No limit on number of applications which may be submitted by any business
- However, each business may receive a total of HK$200,000 from EMF grants in total.
Regardless of whether you plan to expand it abroad, if you are interested in owning and running a Hong Kong company of your own. We at Paul Hype Page & Co are able to serve your needs in this regard. Our incorporation experts will work with you in order to facilitate the establishment of your new Hong Kong-based company.