BUD Fund Information & Guidance

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

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Service snapshot

What to expect before you enquire

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.
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.

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.

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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.

BUD Fund Consultation Benefits

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.

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.

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