HKBSCL
HKBSCL香港商務中心有限公司
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HKBSCL
HKBSCL香港商務中心有限公司
Home
About
Pricing
Payment
News
FAQ
Contact
Language
English繁體

Home

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  • FAQ

Company Formation

  • Hong Kong Limited Company
  • British Virgin Islands
  • Samoa
  • Cayman Islands
  • Seychelles

Services

  • Company Secretary
  • Designated Representative
  • Registered Address
  • Correspondence Address
  • Accounting & Tax Filing
  • Audit Arrangement
  • Tax Planning

  • Individual Tax
  • Corporate Tax
  • Bank Account Opening
  • Cloud Document Storage
  • Capital Investment Entrant Scheme
  • Value-Added Services

Contact Us

Hong Kong Business Services Centre Limited

Unit 744, 7/F, Star House, 3 Salisbury Road, Tsim Sha Tsui, Kowloon, Hong Kong

Monday to Friday 09:30 – 18:00 (Saturday, Sunday and Public Holidays Closed)

Phone: +852 3974 5628

Whatsapp: 85261243102

Email: info@HKBSCL.com

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BUD Fund Information & Guidance

Comprehensive information about BUD Fund (Dedicated Fund on Branding, Upgrading and Domestic Sales) and audit requirements for HKPC compliance.

BUD Fund Information

Understanding BUD Fund

The BUD Fund provides funding support to Hong Kong enterprises for developing brands, upgrading operations and promoting domestic sales in Mainland China and other designated markets. Understanding the audit requirements is essential for successful fund applications.

Funding Support

Up to HK$7 million per fund (Mainland and FTA), with a cumulative ceiling of HK$14 million per enterprise.

Eligibility Requirements

Hong Kong registered companies with substantial business operations in Hong Kong for at least one year.

Application Process

Submit applications through HKPC with detailed project proposals and budget plans.

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About BUD Fund

The BUD Fund (Dedicated Fund on Branding, Upgrading and Domestic Sales) is a Hong Kong government initiative administered by the Hong Kong Productivity Council (HKPC). It supports Hong Kong enterprises in developing brands, upgrading operations and promoting domestic sales.

  • Mainland BUD Fund: For projects in Mainland China
  • Free Trade Agreement BUD Fund: For projects in economies with FTA with Hong Kong
  • Each enterprise can receive funding up to HK$7 million per fund
  • Cumulative funding ceiling of HK$14 million per enterprise
  • Funding ratio: Up to 50% of total approved project expenditure

BUD Fund Audit Requirements (Background Information)

To ensure proper use of public funds, HKPC requires independent audit reports at various stages of the project. Understanding these requirements helps in planning your BUD Fund application:

Interim audit reports for fund disbursement during project implementation
Final audit report upon project completion
Verification of actual project expenditures against approved budget
Confirmation of project deliverables and milestones
Compliance with BUD Fund guidelines and terms
Proper documentation and record keeping

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 audit services

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 help coordinate between you, your auditor, and HKPC for smoother processing.

BUD Fund Consultation Benefits

Need Guidance on BUD Fund?

Contact us today to learn more about BUD Fund requirements and how to prepare for a successful application.

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