Support and Consultation Centre for SMEs
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7 April 2022

What's New
Topical Issues
Business News

The Support and Consultation Centre for SMEs (SUCCESS) is an information and advisory centre for small and medium enterprises (SMEs) run by the Trade and Industry Department (TID).  If you are looking for free business information and practical consultation services, please visit SUCCESS.

Our Website's address is

Our customer hotline is : (852) 2398 5133.

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What's New

The Hong Kong Export Credit Insurance Corporation to launch Export Credit Guarantee Programme

The Hong Kong Export Credit Insurance Corporation (HKECIC) announced on 29 March 2022 the launch of the Export Credit Guarantee Programme (the Programme) on a pilot basis for 12 months (effective from 29 March 2022 to 28 March 2023).

The Programme aims to assist Hong Kong exporters, especially the Small and Medium Enterprises (SMEs), to secure trade finance by providing loan guarantee to their lenders amidst the uncertain global trading environment.

Under the Programme, HKECIC will guarantee up to 70 per cent of the export financing of their policyholders, at a maximum guarantee limit of HK$50 million.  The lenders will, after credit assessment of the policyholders, apply for the guarantee from HKECIC.

HKECIC has been in close discussions with relevant sectors in mapping out details of the Programme, and will closely monitor the market response and conduct reviews in due course.

For details, please visit  For enquiries, please call Export Credit Guarantee Programme Hotline at 2732 9028.

Enhancements to SME Financing Guarantee Scheme to take effect

HKMC Insurance Limited announced on 30 March 2022 that enhancements to the SME Financing Guarantee Scheme (SFGS) will take effect from 1 April 2022.

To further alleviate the cash flow pressure of SMEs in the time of the pandemic, the Financial Secretary announced in the 2022-23 Budget that the maximum loan amount per enterprise under the Special 100% Loan Guarantee will be raised from the total amount of employee wages and rents for 18 months to that for 27 months, subject to a ceiling of HK$9 million (originally HK$6 million), and the maximum repayment period will be extended from 8 years to 10 years.  Eligible enterprises should have been operating for at least three months as at 31 March 2022, and have suffered at least a 30% decline in sales turnover in any month since February 2020 compared with the monthly average of any preceding quarter from January 2019 to March 2022.

In addition, the principal moratorium arrangement for the 80% Guarantee Product, the 90% Guarantee Product and the Special 100% Loan Guarantee of the SFGS will be extended by 6 months to a maximum of 30 months in total.  An option for borrowers to resume making partial principal repayment for one year will be provided, allowing borrowers to resume normal repayment gradually if they are willing and capable.

The application period of the SFGS has been extended to 30 June 2023.  For details, please visit or SFGS website at  For enquiries, please call the SFGS Hotline at 2536 0392.

Event Calendar of the SME Centres

To enhance the integrated services of the four existing SME Centres, including SUCCESS under the Trade and Industry Department, the "SME Centre" under the Hong Kong Trade Development Council (HKTDC), "SME One" under the Hong Kong Productivity Council (HKPC) and "TecONE" under the Hong Kong Science and Technology Parks Corporation, SUCCESS has launched an "Event Calendar of the SME Centres" on its website.  The Event Calendar facilitates enterprises to obtain information on seminars/workshops/activities organised by the four SME Centres from a single platform, and also provides links to the relevant event web pages to facilitate registration.

Please click here to browse the Event Calendar of the SME Centres.

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 ( 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.


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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Topical Issues


Support Measures relating to Liquidity

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

Amid difficult business environment, HKPC knows SMEs are in the urgent need of cash to keep business running.  The newly established "SME ReachOut" support team is here to help SMEs well equip for bouncing back, through introducing and matching the appropriate funding schemes.

"SME ReachOut", a dedicated service team operated by HKPC, has commenced operation starting from 1 January 2020 to support SMEs through free-of-charge one-on-one meetings.  The team would help SMEs identify funding schemes that suit their needs, while answering questions relating to applications.

There are over 40 funding schemes provided by the Government for SMEs, with different funding scopes, amounts and requirements.  "SME ReachOut" serves to enhance SMEs' understanding of the Government's funding schemes, with a view to encouraging better utilisation of the support provided by the Government, and to enhancing their competitiveness and development.

For enquiries, please contact "SME ReachOut" Hotline / WhatsApp (Text Message Only) at 2788 6868 or email by

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 ( 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.

HKTDC Research Seminar “Sustainable Fashion: Upcycling and the Rise of Recycled Fabrics” (Webinar)

(This webinar will be live-streamed on 11 May 2022)

The webinar is organised by the Hong Kong Trade Development Council.  The Covid‑19 outbreak proved a wake‑up call for global fashion manufacturers, brands and traders, leading many enterprises to review their supply chain strategies and look for a more sustainable approach.  This webinar will focus on how the growing awareness of Environmental, Social and Governance (ESG) facilitates enterprises to embrace the use of recycled fabrics and innovative upcycling solutions in their businesses.  (This webinar will be conducted in Cantonese.)

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Business News

GDETO Newsletter

The latest issue of the Hong Kong Economic and Trade Office in Guangdong (GDETO) Newsletter has been published.

More Details (in Chinese only)

Commercial Information Circulars (CICs) of the Mainland

The Trade and Industry Department issued a number of Commercial Information Circulars (CICs) on the Mainland's trade and economic rules and regulations.  The latest CICs have been published. 

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