BUD Fund Information & Guidance

Current BUD Fund eligibility, funding limits, application support and independent audit-arrangement guidance for Hong Kong enterprises.

Service snapshot

What to expect before you enquire

See the likely scope, inputs, timing and fee basis at a glance. We confirm the exact requirements after reviewing your facts.

Best for

Eligible non-listed Hong Kong enterprises with substantive local operations and a defined market-development project.

What HKBSCL handles: Independent eligibility and application support, document planning, record guidance and coordination with HKPC and an independent CPA where required.
Timing: As of 15 June 2026, official targets are normally 30 clear working days for complete Easy BUD cases and 60 working days for other complete BUD cases.
Fee basis: HKBSCL support is quoted separately. Government funding limits and eligible audit caps are not HKBSCL service prices.The initial scope review is free. We aim to issue a written quotation within two business days after receiving the required information.

What you receive: A scoped application-support plan, evidence checklist and project-record framework; this is not a promise of government funding.
What you prepare: Business-operation evidence, project proposal and budget, quotations, invoices, payments, activity evidence and deliverables.
Who makes the final decision: HKPC implements the scheme and the Programme Management Committee vets and decides applications. HKBSCL is not an appointed government consultant.

More details

What you receive: A scoped application-support plan, evidence checklist and project-record framework; this is not a promise of government funding.
What you prepare: Business-operation evidence, project proposal and budget, quotations, invoices, payments, activity evidence and deliverables.
Who makes the final decision: HKPC implements the scheme and the Programme Management Committee vets and decides applications. HKBSCL is not an appointed government consultant.

Your next step

Send your Hong Kong operating history, target market, project activities, budget and intended start date. We will flag eligibility gaps and quote the support scope.

Start an enquiry

Understanding BUD Fund

BUD supports eligible Hong Kong enterprises undertaking branding, upgrading and market-development projects. We help you understand the current route, evidence and reporting requirements before you commit project costs.

Funding Support

Under rules effective 15 June 2026, government funding is capped at 25% of approved project cost, with a HK$7 million cumulative ceiling and no more than 70 approved projects per enterprise across BUD routes.

Eligibility Requirements

A non-listed enterprise registered under the Business Registration Ordinance with substantive business operations in Hong Kong may apply. The official criteria do not state a one-year minimum operating period.

Application Process

HKPC implements the fund and the Programme Management Committee vets applications. As at 22 July 2026, Easy BUD normally takes 30 clear working days once complete; TID's performance pledge for complete applications under other BUD routes is 60 working days. Actual timing varies.

About BUD Fund

The Dedicated Fund on Branding, Upgrading and Domestic Sales is a government funding scheme implemented by the Hong Kong Productivity Council. The Programme Management Committee decides whether a project is approved and the amount awarded.

From 15 June 2026, BUD covers 48 eligible economies, including Mainland China
General BUD: up to HK$800,000 per project, including eligible audit fees
Easy BUD: up to HK$150,000 per application; E-commerce Easy: up to HK$800,000 per application and HK$1 million cumulatively
One HK$7 million cumulative ceiling and up to 70 approved projects apply across all BUD routes
Government-to-enterprise matching is 1:3, so the enterprise contributes at least 75% in cash

BUD Fund Audit Requirements (Background Information)

Audit and reporting requirements depend on the approved application route and funding agreement. Where an audited account is required, HKBSCL can coordinate an independent CPA (Practising); HKBSCL does not perform the audit.

Check the offer and funding agreement for interim and final reporting requirements

Have the independent auditor verify actual expenditure against the approved budget

Keep invoices, receipts, payment evidence and bank records

Retain evidence of project activities, deliverables and outcomes

Follow approved procurement, budget and variation conditions

Maintain complete records for HKPC review and independent audit

Government Support for Audit Fees

Eligible independent audit fees may be included in the project budget, subject to the route-specific cap, overall project ceiling and 1:3 matching ratio.

General BUD: eligible audit fee budget capped at HK$10,000 per audit
Easy BUD: eligible audit fee budget capped at HK$5,000
Government contribution is up to 25%; the enterprise funds at least 75% in cash
Audit fees count within the applicable application and project funding ceilings
Required audit work must be carried out by an appropriately qualified independent CPA

HKBSCL can coordinate the appointment and document flow with an independent CPA (Practising). Eligibility of expenditure and funding approval remain with the official scheme authorities.

How We Can Help

BUD Fund Experience

We have experience with BUD Fund applications and can provide guidance:

Understanding BUD Fund eligibility and requirements
Explaining the application process and documentation needed
Sharing insights on audit requirements and compliance

Application Guidance

We can guide you through the BUD Fund application process:

Explaining what documents and records to prepare
Understanding HKPC's audit requirements
Connecting you with qualified CPAs for independent audit work

Ongoing Support

Support throughout your BUD Fund journey:

Advice on maintaining proper records for audit purposes
Understanding project monitoring requirements
Coordination with auditors and HKPC

Why Consult Us About BUD Fund?

Our team has experience with BUD Fund applications and can help you understand the requirements:

Deep Understanding
We understand BUD Fund requirements and can explain the audit process clearly.
Better Preparation
Proper guidance helps you prepare the right documents and maintain proper records from the start.
Professional Coordination
We can coordinate records and follow-up between your team, the appointed independent auditor and HKPC.

Official Resources

Check the latest government and regulatory guidance relevant to this service before making filing, compliance, or planning decisions.

Hong Kong Productivity Council - BUD Fund

Get the latest official programme overview, eligibility details, and application information for the BUD Fund.

Visit official site

Hong Kong Productivity Council - BUD Fund Application Guide

Review HKPC's official application guidance, scope notes, and supporting document expectations for BUD Fund submissions.

Visit official site

Related services to consider

These links help connect the current topic with nearby company, tax, banking, and compliance support. They are not a substitute for professional advice on your actual circumstances.

EMF Transition GuidanceGuidance on final EMF claims, submitted application status, and BUD or Easy BUD transition planning.Accounting & BookkeepingBookkeeping, management accounts, and financial statement preparation for Hong Kong businesses.Audit ArrangementAudit arrangement and coordination support for Hong Kong statutory audit and year-end reporting.Corporate TaxHong Kong profits tax filing, offshore claims, advance rulings, FSIE and complex corporate tax support.

Need Guidance on BUD Fund?

HKBSCL is an independent service provider, not an HKPC-appointed agent. Contact us to review the applicable route, evidence and independent audit-arrangement needs; advice or coordination does not guarantee funding approval.

Explore More HKBSCL Support

Use these related services and updates to plan your next compliance, setup, tax, or accounting step.

Related Services

Hong Kong Company Formation

Incorporation, registration, and initial compliance support.

Company Secretary Services

Annual filings, records, and statutory maintenance support.

Accounting & Bookkeeping

Accurate reporting, management accounts, and record keeping.

Corporate Tax Services

Profits tax planning, filing, and compliance guidance.

Bank Account Opening

Document preparation and application support for banking.

Registered Address Service

Registered office support with mail handling and compliance.

Latest Compliance Updates

View all updates

2026-07-23

AFRC’s 2025–26 Inspection and Enforcement Findings: An Audit Readiness Checklist

AFRC’s 2025–26 reports highlight audit evidence, IT governance, group oversight, timely working-paper archiving and AML/CFT. Review a practical year-end checklist.

2026-07-22

Hong Kong Proposes Cooling-off Rules for Beauty and Fitness Prepayments: What Businesses Should Review

Hong Kong is consulting on a seven-day cooling-off period, 14-day refunds and contract limits for certain beauty and fitness prepayments. Responses close 31 August 2026.

2026-07-21

Hong Kong Money Lender Licence Conditions Change on 1 August 2026: A Compliance Checklist

New Hong Kong money lender licence conditions take effect on 1 August 2026, introducing DSR caps for low-income borrowers, prohibiting loan referees and tightening advertising controls.

Official Resources

For filing deadlines, statutory requirements, and immigration rules, confirm the latest details with the relevant Hong Kong authorities.

Companies Registry

Open official site

Inland Revenue Department

Open official site

InvestHK

Open official site

Immigration Department

Open official site

Understanding BUD Fund

Funding Support

Eligibility Requirements

Application Process

About BUD Fund

From 15 June 2026, BUD covers 48 eligible economies, including Mainland China
General BUD: up to HK$800,000 per project, including eligible audit fees
Easy BUD: up to HK$150,000 per application; E-commerce Easy: up to HK$800,000 per application and HK$1 million cumulatively
One HK$7 million cumulative ceiling and up to 70 approved projects apply across all BUD routes
Government-to-enterprise matching is 1:3, so the enterprise contributes at least 75% in cash

BUD Fund Audit Requirements (Background Information)

Check the offer and funding agreement for interim and final reporting requirements

Have the independent auditor verify actual expenditure against the approved budget

Keep invoices, receipts, payment evidence and bank records

Retain evidence of project activities, deliverables and outcomes

Follow approved procurement, budget and variation conditions

Maintain complete records for HKPC review and independent audit

Government Support for Audit Fees

Eligible independent audit fees may be included in the project budget, subject to the route-specific cap, overall project ceiling and 1:3 matching ratio.

General BUD: eligible audit fee budget capped at HK$10,000 per audit
Easy BUD: eligible audit fee budget capped at HK$5,000
Government contribution is up to 25%; the enterprise funds at least 75% in cash
Audit fees count within the applicable application and project funding ceilings
Required audit work must be carried out by an appropriately qualified independent CPA

HKBSCL can coordinate the appointment and document flow with an independent CPA (Practising). Eligibility of expenditure and funding approval remain with the official scheme authorities.

How We Can Help

BUD Fund Experience

We have experience with BUD Fund applications and can provide guidance:

Understanding BUD Fund eligibility and requirements
Explaining the application process and documentation needed
Sharing insights on audit requirements and compliance

Application Guidance

We can guide you through the BUD Fund application process:

Explaining what documents and records to prepare
Understanding HKPC's audit requirements
Connecting you with qualified CPAs for independent audit work

Ongoing Support

Support throughout your BUD Fund journey:

Advice on maintaining proper records for audit purposes
Understanding project monitoring requirements
Coordination with auditors and HKPC

Why Consult Us About BUD Fund?

Our team has experience with BUD Fund applications and can help you understand the requirements:

Deep Understanding

We understand BUD Fund requirements and can explain the audit process clearly.

Better Preparation

Proper guidance helps you prepare the right documents and maintain proper records from the start.

Professional Coordination

We can coordinate records and follow-up between your team, the appointed independent auditor and HKPC.