SUCCESS Activities

In view of the latest development of the epidemic situation, the counter service of SUCCESS has been resumed with gradual extension of operating hours.  Meanwhile, webinars, Customer Hotline (Tel.: (852) 2398 5133) and Email Enquiry (success@tid.gov.hk) continue to be operated as usual.  On the other hand, in order to reduce the risk of the spread of the novel coronavirus in the community, SUCCESS will not provide "Video Show of SME Seminars" for the public until further notice.
 

SUCCESS Seminar

Webinar: “Guide to Trademark Management for Enterprises”
(This webinar will be live-streamed on 14 April 2022)

Trademark is an important intangible asset for enterprises.  Registering a trademark facilitates customers to recognise products, and hence establish a good branding for business with a view to standing out from competitors.  In this webinar, intellectual property expert will explain how to register a trademark, categories and designs of trademark, and different trademark symbols.  Speaker will also explain how to deal with trademark infringement and trademark management with case studies, and answer frequently asked questions.  (This webinar will be conducted in Cantonese.)

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Trade and Industry Department / SUCCESS-supported Activities

“Webinar on Competition Ordinance”
(This webinar will be conducted via Zoom on 21 April 2022)

This webinar is organised by the Competition Commission.  SUCCESS is one of the supporting organisations.  In this webinar, representatives from the Competition Commission will share the key elements of the Competition Ordinance (the Ordinance), dos and don’ts under the Ordinance, red flags of anti-competitive practices, Leniency and Cooperation Policies as well as competition law cases in Hong Kong.  (This webinar will be conducted in English.)

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“HKMA Leadership and Management Seminar Series 1”
(This seminar will be held at Hong Kong Management Association and live-streamed on 28 April 2022)

This seminar is organised by the Hong Kong Management Association.  SUCCESS is one of the supporting organisations.  In this seminar, expert will share how enterprises can ride on the latest trend in innovation to transform and create new business opportunities, as well as to build a sustainable business.  (This seminar will be conducted in Cantonese.)

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“Hong Kong Innopreneur Awards” is now open for nominations

Organised by the Federation of Hong Kong Industries and supported by the Hongkong and Shanghai Banking Corporation Limited as a Title Sponsor, the first Hong Kong Innopreneur Awards (the Awards) is now open for nomination.  The nomination deadline is 20 May 2022.

The Awards aims to endorse and honour forward-looking and innovative entrepreneurs who have achieved breakthroughs in their businesses and committed to bringing positive impacts on society.  Winners of the eight award categories will be selected by leading figures from political, business, industrial and innovation and technology sectors.

The Awards welcome founders or co-founders of companies engaging in innovation-related businesses to join.  In addition to the judging criteria such as technological innovation, breakthroughs, business performance, scalability and social impact, the judging panel also attaches great importance to start-ups’ growth potential in the Greater Bay Area and global markets.  A number of special awards have been set up to recognise innopreneurs' achievements in specific fields, such as the “Excellence in Research Application Award” for collaborative R&D innovation with academic institutions, “GBA+ Award” for ground-breaking achievements in the Greater Bay Area, and the “ESG Award” for entrepreneurs who demonstrate strong impacts in sustainability and social responsibility.

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Electronic Filing of Employer’s Return

The Inland Revenue Department (IRD) already issued Employer’s Return of Remuneration and Pensions on 1 April 2022 requesting the Employers to report the income details of their employees.  Taxpayers are generally required to file their returns within one month from the date of issue of the relevant returns.  For Employer's Returns, the deadline for filing is extended to 1 June 2022.  Employers can file their returns via the Internet through the e-Filing service under eTAX.  Alternatively, employers can use IR56 Forms Preparation Tool to prepare an annual IR56B data file and upload it to IRD via the Mixed Mode service.

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Electronic Filing of Profits Tax Return

With effect from 1 April 2022, Profits Tax Returns can be furnished by service providers.  Corporations and partnerships satisfying the conditions specified by the Commissioner of Inland Revenue can file their Profits Tax Returns for any year of assessment from 2016/17 to 2021/22 and attach supplementary forms to Profits Tax Return S1, S2, S3 and S4 electronically under eTAX by themselves or through service providers.

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In view of the cash-flow pressure of SMEs, SUCCESS has compiled a summary of support measures relating to liquidity.

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SME ReachOut

Dedicated Fund on Branding, Upgrading and Domestic Sales (BUD Fund)

The Trade and Industry Department (TID) rolled out enhancement to the BUD Fund on 14 February 2022.

To further support enterprises in developing more diversified markets, effective from 14 February 2022, the geographical scope of the BUD Fund has been extended to 13 economies with which Hong Kong has signed Investment Promotion and Protection Agreements (IPPAs), including Austria, Belgo-Luxembourg Economic Union, Canada, Denmark, Finland, France, Germany, Italy, Mexico, the Netherlands, Sweden and the United Kingdom.  Currently, the geographical scope of the BUD Fund covers a total of 35 economiesnote 1.

The geographical scope of the BUD Fund is being extended in phases since July 2021 to cover all economies with which Hong Kong has signed Free Trade Agreements and/or IPPAs.  The final phase, with the geographical scope to be further extended to Kuwait and the United Arab Emirates, will be implemented in the second quarter of 2022.

Hong Kong Productivity Council (HKPC) as the BUD Fund Implementer regularly organises seminars/webinars in order to enhance enterprises’ understanding of the BUD Fund.  For more details of the BUD Fund, please visit its website (https://www.bud.hkpc.org/en) or contact HKPC at 2788 6088.

note 1The 35 economies currently covered under the BUD Fund include the Mainland, New Zealand, the four member states of the European Free Trade Association (i.e. Iceland, Liechtenstein, Norway and Switzerland), Chile, Macao, the ten member states of the ASEAN (comprising Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam), Georgia, Australia, Japan, Korea, Austria, Belgo-Luxembourg Economic Union, Canada, Denmark, Finland, France, Germany, Italy, Mexico, the Netherlands, Sweden and the United Kingdom.