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Small and medium enterprises (SMEs)

What are SMEs?

Manufacturing enterprises(1) with fewer than 100 persons(2) engaged and non-manufacturing enterprises with fewer than 50 persons engaged are regarded as SMEs in Hong Kong.

Statistics

As at December 2025, there were around 360 000 SMEs in Hong Kong. They accounted for over 98% of the total number of enterprises(3) and provided job opportunities to about 1.2 million persons, more than 43% of total number of persons engaged (excluding civil service)(3).

Most of the SMEs were in the import/export trade and wholesale industries, followed by the professional and business services industry. They accounted for about 40% of the SMEs in Hong Kong and represented more than 41% of the number of persons engaged in SMEs.

Distribution of SMEs (as at December 2025)

 

No. of SMEs(1) No. of persons engaged(2) in SMEs
Total(3) 355 425 1 165 869
Industry Manufacturing 7 217 44 829
Mining & Quarrying; Electricity & Gas Supply, and Waste Management; and Construction(4) 1 764 16 431
Services Import/Export Trade and Wholesale 82 157 310 999
Retail(5) 49 332 127 905
Transportation, Storage, Postal and Courier Services(6) 8 538 51 395
Accommodation and Food Services 16 110 101 793
Information and Communications 17 234 56 863
Financing and Insurance(7) 36 255 73 012
Real Estate 20 175 37 278
Professional and Business Services(8) 61 360 171 607
Social and Personal Services(9) 55 283 173 757

 

Notes:

  1. Establishments with the same business registration number and engaged in the same industry/services group are combined into one business unit (enterprise) for the purpose of calculating the number of SMEs. An establishment is an economic unit which engages, under a single ownership or control, in one or predominantly one kind of economic activity at a single physical location (e.g. a branch/outlet of a company).
  2. Number of persons engaged include: (i) individual proprietors, partners and persons having family ties with any of the proprietors or partners and working in the enterprise without regular pay, who are actively engaged in the work of the enterprise for at least 1 hour on the survey reference date; (ii) full-time salaried personnel directly paid by the enterprise and working directors of limited companies, both permanent and temporary, who are either at work (whether or not in Hong Kong) or temporarily absent from work (viz. those on sick leave, maternity leave, annual vacation or casual leave, and on strike) on the survey reference date; and (iii) part-time employees and employees on night/irregular shifts working for at least 1 hour on the survey reference date.  
  3. Figures for the total number of enterprises and total number of persons engaged (excluding civil service) refer to the sum of those industry/services groups covered by the Quarterly Survey of Employment and Vacancies and the Quarterly Employment Survey of Construction Sites as shown in the table only. Industry/services groups not covered by the surveys are mainly agriculture, forestry and fishing; construction other than sites; and public administration.
  4. The number of persons engaged at construction sites refers to manual workers only.
  5. Excluding hawkers and retail pitches (other than market stalls).
  6. Excluding taxis, public light buses, part of goods vehicles, and inland freight water transport.
  7. Excluding monetary authorities and self-employed insurance agents with no business registration.
  8. Excluding renting and leasing of recreational and sports goods.
  9. Excluding work activities within domestic households; activities of extraterritorial organisations and religious organisations; and independent artists.


Sources:
Central Register of Establishments, Census and Statistics Department
Quarterly Survey of Employment and Vacancies, Census and Statistics Department
Quarterly Employment Survey of Construction Sites, Census and Statistics Department


Last Review Date : 26 September 2025