2025-26 Hong Kong Awards for Industries (HKAI): Invitation for Entries
The 2025-26 HKAI, supported by the HKSARG, is now open for entries. Hong Kong companies in the manufacturing and services sectors are invited to join. The closing date for entries is 5 June 2026.
More Details
“Four-in-One” Seminar Series
The four SME centres co-organise "Four-in-One" seminar series regularly. Themes of this seminar series in the first half of 2026 are "Exploration of New Markets", "E-Commerce" and "Environmental, Social and Governance (ESG)". An upcoming event under this series is listed below. Interested persons are welcome to register at the link shown therein. Admission is Free.
AI-Driven Strategies for E-commerce Success: A Roadmap to Southeast Asia 2026 (Seminar)
(This seminar will be held at Trade and Industry Tower on 15 May 2026)
This seminar is held by the "SUCCESS" of the TID. In this seminar, an expert will unveil how artificial intelligence (AI) can transform businesses’ e-commerce strategies to succeed in Southeast Asia. Topics include key emerging trends for 2026, regulatory compliance essentials, and practical tips for efficient and cost-effective operations in the Southeast Asian e-commerce market, with a view to assisting SMEs in expanding to the digital markets of Southeast Asia through AI application. (This seminar will be conducted in Cantonese.)
More Details and Registration
SUCCESS-supported Activity
Webinar on Competition Ordinance
(This webinar will be live-streamed on 22 April 2026)
This webinar is organised by the Competition Commission. SUCCESS is one of the supporting organisations. In this webinar, representatives from the Competition Commission will provide an overview of the Competition Ordinance, dos and don’ts under the Ordinance, red flags of anti-competitive practices and Leniency and Cooperation Policies, as well as competition law case studies. (This webinar will be conducted in English.)
More Details and Registration
Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA)
The Second Agreement Concerning Amendment to the CEPA Agreement on Trade in Services (CEPA Amendment Agreement II) introduces new liberalisation and facilitation measures across a number of services sectors. Since its implementation in March 2025, it has already brought plenty of new business opportunities to the trade. The TID and Radio Television Hong Kong (RTHK) have jointly produced a television episode of “Government and You” titled “CEPA Amendment Agreement II – New Measures, New Opportunities”. This episode invited representatives from enterprises and institutions from telecommunications, tourism and legal sectors to share their successful experiences in making use of the new CEPA measures to tap into the new business opportunities in the Mainland market.
The TV episode will premiere at 7:55 p.m. tonight (1 April) on RTHK TV 31; and will also be available on RTHK’s website and “RTHK TV” mobile application at the same time. Don’t miss it!
Programme website: https://www.rthk.hk/tv/dtt31/programme/governmentandyou?lang=en
For more information about CEPA, please visit TID’s dedicated website (https://www.tid.gov.hk/en/our_work/cepa.html).
Basic Law Bulletin Issue No. 27
The electronic version of the Basic Law Bulletin Issue No. 27, jointly published by the Department of Justice (DoJ), the Civil Service Bureau and the Constitution and Mainland Affairs Bureau, has been uploaded to DoJ’s website.
Major content of the Basic Law Bulletin includes the “Focus” and “Judgement Update”. In the “Focus” section of this issue, the significant roles of the National People’s Congress (NPC) under the Basic Law is discussed. Starting with a brief overview of the powers of the NPC and its Standing Committee under the Constitution, the article then examines their interrelated roles in the successful implementation of the “one country, two systems” policy in the HKSAR. In the “Judgement Update”, there are summaries of three judgements of the Court of Final Appeal.
The Industrial, Commercial and Professional Sectors Sub-group of the Working Group on Constitution, Basic Law and Hong Kong National Security Law under the Constitution and Basic Law Promotion Steering Committee encourages practitioners from the industrial, commercial and professional sectors to view the Basic Law Bulletin so as to deepen the understanding of the Constitution and the Basic Law by the trade.
Please click here to view the Basic Law Bulletin.
Inland Revenue Department: Electronic Filing of Employer’s Return - Easy, Secure and Environment-friendly
The Inland Revenue Department (IRD) issued employer’s returns, i.e. Employer’s Return of Remuneration and Pensions (Form BIR56A) for the year ended 31 March 2026 on 1 April 2026. Employers are required to complete and file the returns, together with the completed Form IR56B for reporting remuneration paid to employees and pension paid, to the IRD within one month. Besides, covering letter IR6036A was also issued to employers who had reported payments made under contracts for service to local unincorporated entities, notifying them to file forms IR6036B and IR56M.
Employers can file the employer’s returns online by using “iAM Smart+” or eTAX account. To tie in with employers in preparing early, the IR56 Forms Preparation Tool can be used to prepare the data file of annual Form IR56B and Form IR56M starting from 1 March each year. Upon receipt of the Form BIR56A/IR6036A, employers can upload the IR56 data file to the IRD via the Online Mode or the Mixed Mode submission. Employers adopting the Mixed Mode submission, after uploading of data file(s), are only required to submit the duly signed paper form BIR56A/IR6036B and the duly signed Cover Page (i.e. the first page) of paper Control List generated from the system to complete the submission process.
Please visit the IRD website: www.ird.gov.hk/eng/tax/err.htm for details.
Inland Revenue Department – 2025-26 Profits Tax Filing
The IRD issues 2025/26 Profits Tax Returns to corporations and partnership businesses on 1 April 2026.
To keep pace with the development in international tax administration and information technology, the IRD is actively promoting tax digitalisation.
Mandatory Electronic Filing (e-filing)
As part of the tax digitalisation journey, the IRD has committed to taking forward the full adoption of e-filing of Profits Tax Returns for corporations and unincorporated businesses (excluding sole-proprietorship businesses) by phases. Under the first phase of the implementation of mandatory e-filing, entities of in-scope multinational enterprise groups are mandated to e-file their Profits Tax Returns with effect from the year of assessment 2025/26 onwards.
Apart from the taxpayers subject to mandatory e-filing, other taxpayers are encouraged to file electronically their Profits Tax Returns together with the supporting documents (including financial statements and tax computations) in iXBRL format on a voluntary basis.
To facilitate taxpayers in preparing the required iXBRL data files, the IRD is providing the IRD Taxonomy Package and the IRD iXBRL Data Preparation Tools (including the Template Tool and Tagging Tool), which are available for download from the IRD website free of charge.
Full Adoption of Electronic Block Extension Scheme (e-BES)
Starting from 1 April 2026, tax representatives must submit electronically their block extension applications or notifications in respect of their clients’ Profits Tax Returns and Tax Returns – Individuals through the online block extension service provided under the Tax Representative Portal. No paper submission will be allowed.
To facilitate a smooth transition, there is a transitional arrangement during the initial implementation phase of the e-BES, allowing tax representatives time to adapt to the new requirements. For details on the transitional arrangement, please visit
www.ird.gov.hk/eng/tax/electronic_bes.htm.
New Tax Portals (NTPs)
The IRD has launched the NTPs, namely Individual Tax Portal, Business Tax Portal (BTP) and Tax Representative Portal (TRP), in July 2025 to provide a wide range of e-services for individuals, businesses and tax representatives to handle tax and/or business matters. Registration of NTPs accounts facilitates seamless e-filing of tax returns, online submission of block extension applications or notifications, and access to other e-services. Please register now if you do not have your dedicated account.
Trade Single Window to replace Road Cargo System on 1 May 2026
The Government announced on 27 March 2026 that the Trade Single Window (TSW) will replace the existing Road Cargo System (ROCARS) on 1 May 2026, for the submission of advance cargo information (road) by the trade. User data of the existing ROCARS will be automatically migrated to the TSW system. Users are not required to re-register and only need to log in with their existing accounts for a seamless transition to the TSW service.
The TSW provides a one-stop electronic platform for trade members to lodge business-to-government trade documents for trade declarations and cargo clearances. The TSW streamlines trade document submissions, helping traders save time and costs. The TSW Phase 3 services will be rolled out in three batches starting this year. The first batch of services covers the advance cargo information (road) service currently provided by ROCARS. To tie in with the system migration, ROCARS will cease operation from midnight on 1 May 2026, and the relevant cutover work is expected to be completed in the early morning of the same day. During the system cutover period, cargo clearance services at land boundary control points in operation will remain normal.
The Customs and Excise Department reminds the trade that, if cross-boundary transportation is required during the system cutover period on 1 May 2026, they should plan ahead to submit advance cargo information (road) and complete the relevant bundling arrangements well in advance.
To facilitate the smooth transition of the trade to the TSW Phase 3 services, the Commerce and Economic Development Bureau and the Customs and Excise Department have launched a series of publicity and promotion activities, including organising briefings and training sessions for the trade, and strengthening communication with the trade through various channels to provide appropriate support. For enquiries, please contact the Office of Trade Single Window Operation at 2117 3348 or by email to
enquiry@tradesinglewindow.hk.
For relevant press release, please visit
https://www.info.gov.hk/gia/general/202603/27/P2026032600517.htm.
Commencement dates for regulation of more mercury-added products under Mercury Control Ordinance appointed
The Government published
the Mercury Control Ordinance (Amendment of Schedule 3) Notice 2025 (Commencement) Notice in the Gazette on 26 March 2026 to appoint the commencement dates for the regulation of eight more types of regulated mercury-added products (MAPs), thereby giving effect to the amendments adopted at the fifth meeting of the Conference of the Parties (COP-5) to the Minamata Convention on Mercury.
A spokesperson for the Environment and Ecology Bureau said, "The Convention aims to protect human health and the environment from the harmful effects caused by the anthropogenic emissions and releases of mercury and mercury compounds. The COP to the Convention (of which the People's Republic of China (PRC) is a party) may amend the list of mercury compounds, MAPs and regulated manufacturing processes using mercury or mercury compounds under the Convention when necessary. We are now putting in place local arrangements to implement the COP-5 amendments, which will further reduce public exposure to MAPs and protect public health and the environment, and fulfil the PRC (including the HKSAR)'s obligations under the Convention at the same time."
The Government tabled the Mercury Control Ordinance (Amendment of Schedule 3) Notice 2025 before the Legislative Council (LegCo) in June 2025 to include in the Schedule 3 to the Mercury Control Ordinance (Cap 640) to regulate 16 MAPs adopted at the COP-4 and COP-5 to the Convention. The regulation of the first eight MAPs under COP-4 amendments had entered into force in the PRC and the regulation of them in Hong Kong commenced on 31 December 2025. As for the remaining eight MAPs, the HKSARG will publish a notice in the Gazette to appoint the commencement dates for the regulation after the PRC has completed the legislative process to accept the COP-5 amendments. The PRC has recently completed the legislative process. The Secretary-General of the United Nations communicated on 25 March 2026, that the PRC has deposited a notice to accept the COP-5 amendments.
The spokesperson continued, "The PRC had approved the acceptance of the COP-5 amendments. The Commencement Notice specifies the respective commencement dates for the regulation of the eight more types of MAPs (such as some lighting products and cosmetics) to give effect to the COP-5 amendments (see
Annex). The manufacture, import, export and supply of the products concerned will be prohibited on and after the specified dates. Any person who contravenes the above provisions commits an offence and is liable on conviction to a maximum fine of $50,000 and imprisonment for one year."
Regarding enforcement, the Government has provided a grace period (until 31 January 2029) for the supply of the above 16 regulated MAPs to help the trades adapt. After the grace period, if a person continues to supply the relevant regulated MAPs, the authorities will initiate prosecution upon gathering sufficient evidence. The Government has informed relevant trades of the arrangements regarding the regulated MAPs in December 2025 and February 2026.
For relevant press release, please visit
https://www.info.gov.hk/gia/general/202603/26/P2026032600295.htm.
External merchandise trade statistics for February 2026
The Census and Statistics Department (C&SD) released on 26 March 2026 the external merchandise trade statistics for February 2026. In February 2026, the values of Hong Kong's total exports and imports of goods both recorded year-on-year increases, at 24.7% and 29.9% respectively.
Due to the difference in timing of the Chinese New Year holidays, it is more appropriate to analyse the trade figures for January and February taken together in making year-on-year comparison.
Taking January and February of 2026 together, the value of total exports of goods increased by 29.6% over the same period in 2025. Concurrently, the value of imports of goods increased by 34.1%. A visible trade deficit of $79.0 billion, equivalent to 7.8% of the value of imports of goods, was recorded in the first two months of 2026.
In February 2026, the value of total exports of goods increased by 24.7% over a year earlier to $408.8 billion, after a year-on-year increase by 33.8% in January 2026. Concurrently, the value of imports of goods increased by 29.9% over a year earlier to $472.9 billion in February 2026, after a year-on-year increase by 38.1% in January 2026. A visible trade deficit of $64.2 billion, equivalent to 13.6% of the value of imports of goods, was recorded in February 2026.
Comparing the three-month period ending February 2026 with the preceding three months on a seasonally adjusted basis, the value of total exports of goods increased by 15.8%. Meanwhile, the value of imports of goods increased by 17.7%.
Analysis by country/territory
Comparing February 2026 with February 2025, total exports to Asia as a whole grew by 23.4%. In this region, increases were registered in the values of total exports to most major destinations, in particular Malaysia (+121.9%), Singapore (+69.8%), Thailand (+36.9%), Taiwan (+33.4%) and Chinese Mainland (the Mainland) (+21.9%).
Apart from destinations in Asia, increases were registered in the values of total exports to most major destinations in other regions, in particular Switzerland (+78.9%), the Netherlands (+68.3%) and the USA (+38.8%).
Over the same period of comparison, increases were registered in the values of imports from most major suppliers, in particular the United Kingdom (+230.6%), India (+130.8%), Korea (+113.6%), Vietnam (+71.6%), Malaysia (+31.1%) and the Mainland (+28.2%).
Comparing the first two months of 2026 with the same period in 2025, increases were registered in the values of total exports to most major destinations, in particular Malaysia (+95.2%), Taiwan (+60.4%), the United Arab Emirates (+54.2%), Singapore (+46.7%), Thailand (+33.9%) and the Mainland (+31.6%).
Over the same period of comparison, increases were registered in the values of imports from most major suppliers, in particular the United Kingdom (+134.8%), India (+128.2%), Vietnam (+100.5%), Korea (+93.3%) and the Mainland (+38.0%).
Analysis by major commodity
Comparing February 2026 with February 2025, increases were registered in the values of total exports of most principal commodity divisions, in particular "electrical machinery, apparatus and appliances, and electrical parts thereof" (by $48.9 billion or +30.8%), "telecommunications and sound recording and reproducing apparatus and equipment" (by $13.9 billion or +41.5%) and "non-ferrous metals" (by $9.1 billion or +289.4%).
Over the same period of comparison, increases were registered in the values of imports of some principal commodity divisions, in particular "electrical machinery, apparatus and appliances, and electrical parts thereof" (by $48.9 billion or +30.5%), "non-ferrous metals" (by $24.3 billion or +474.8%) and "telecommunications and sound recording and reproducing apparatus and equipment" (by $23.8 billion or +67.6%).
Comparing the first two months of 2026 with the same period in 2025, increases were registered in the values of total exports of most principal commodity divisions, in particular "electrical machinery, apparatus and appliances, and electrical parts thereof" (by $120.2 billion or +35.3%) and "telecommunications and sound recording and reproducing apparatus and equipment" (by $38.1 billion or +47.6%).
Over the same period of comparison, increases were registered in the values of imports of most principal commodity divisions, in particular "electrical machinery, apparatus and appliances, and electrical parts thereof" (by $125.2 billion or +37.9%), "telecommunications and sound recording and reproducing apparatus and equipment" (by $58.0 billion or +74.4%) and "non-ferrous metals" (by $31.9 billion or +296.7%).
Commentary
A Government spokesman said that merchandise exports continued to show strong performance in early 2026. Taking the first two months of 2026 together to remove the effect of the different timing of the Chinese New Year compared with last year, the value of merchandise exports surged by 29.6% over a year earlier. Exports to most markets and of most major commodities continued to increase markedly.
Looking ahead, global demand for AI-related electronic products should remain vibrant, rendering support to Hong Kong's merchandise trade performance. Yet, uncertainty surrounding the global economic outlook has increased markedly of late amid the heightened geopolitical tensions in the Middle East. Shifts in trade policies among major advanced economies have also posed another source of lingering uncertainty. The Government will continue to monitor the developments closely and remain vigilant.
Further information (see
Tables)
Table 1 presents the analysis of external merchandise trade statistics for February 2026. Table 2 presents the original monthly trade statistics from January 2023 to February 2026, and Table 3 gives the seasonally adjusted series for the same period.
The values of total exports of goods to 10 main destinations for February 2026 are shown in Table 4, whereas the values of imports of goods from 10 main suppliers are given in Table 5.
Tables 6 and 7 show the values of total exports and imports of 10 principal commodity divisions for February 2026.
All the merchandise trade statistics described here are measured at current prices and no account has been taken of changes in prices between the periods of comparison. A separate analysis of the volume and price movements of external merchandise trade for February 2026 will be released in mid-April 2026.
The February 2026 issue of "Hong Kong External Merchandise Trade" contains detailed analysis on the performance of Hong Kong's external merchandise trade in February 2026 and will be available in early April 2026. Users can browse and download the report at the website of the C&SD (
www.censtatd.gov.hk/en/EIndexbySubject.html?pcode=B1020005&scode=230).
Enquiries on merchandise trade statistics may be directed to the Trade Analysis Section of the C&SD (Tel: 3863 2592).
For relevant press release, please visit
https://www.info.gov.hk/gia/general/202603/26/P2026032600249.htm.
Inland Revenue (Amendment) (Automatic Exchange of Information) Bill 2026 gazetted
The Inland Revenue (Amendment) (Automatic Exchange of Information) Bill 2026, which aims to enhance the administrative framework for automatic exchange of information in tax matters (AEOI) in Hong Kong, was gazetted on 27 March 2026.
As an international financial and trade centre, Hong Kong has been supporting international efforts in enhancing tax transparency and combating cross-border tax evasion. Since 2018, Hong Kong has been conducting automatic exchange of financial account information with partner jurisdictions on an annual basis, in accordance with the Common Reporting Standard (CRS) developed by the Organisation for Economic Co-operation and Development (OECD) and on the premise of data confidentiality and security. This enables the relevant tax authorities to conduct assessment on their tax residents, as well as detect and combat tax evasion.
The Secretary for Financial Services and the Treasury, Mr Christopher Hui, said, "Since 2024, the OECD has been conducting the second round of peer review on Hong Kong's implementation of the AEOI regime. Having taken into consideration the OECD's views, we propose amending the Inland Revenue Ordinance (Cap. 112) to enhance the relevant administrative framework, including requiring reporting financial institutions to register with the IRD for strengthening identification, enhancing the requirements on keeping due diligence records, and raising the penalties to increase deterrence. The relevant amendments will take effect from 1 January 2027. Addressing the OECD's comments in a timely manner will help Hong Kong maintain a favourable rating in the peer review and safeguard Hong Kong's reputation as an international financial centre.
"The Government conducted a public consultation between December last year (2025) and February this year (2026). We are pleased that stakeholders, including professional bodies and the financial sector, generally support the above legislative proposals. We have duly taken into account their views on the implementation details when drafting the Bill."
To assist the industry in adapting to the new requirements and enhance tax certainty, the IRD will issue relevant guidance in due course and provide technical support to the industry and answer enquiries.
The Bill will be introduced into the LegCo for the First Reading and the Second Reading on 1 April 2026. The Second Reading debate on the Bill will be adjourned.
For relevant press release, please visit https://www.info.gov.hk/gia/general/202603/25/P2026032500547.htm.
2026 Implementation Rules for Amending the Implementation Rules for Article 43 of the Law of the People's Republic of China on Safeguarding National Security in the Hong Kong Special Administrative Region gazetted
According to the relevant provisions of the Decision of the National People's Congress on Establishing and Improving the Legal System and Enforcement Mechanisms for Safeguarding National Security in the Hong Kong Special Administrative Region and the Law of the People's Republic of China on Safeguarding National Security in the Hong Kong Special Administrative Region (Hong Kong National Security Law), the HKSAR has a constitutional duty to continue to improve the legal system and enforcement mechanisms for safeguarding national security, in order to continuously and effectively prevent, suppress, and impose punishment for acts and activities that endanger national security. The Chief Executive, in conjunction with the Committee for Safeguarding National Security of the Hong Kong Special Administrative Region (National Security Committee), has exercised the power conferred under Article 43 of the Hong Kong National Security Law to make the
2026 Implementation Rules for Amending the Implementation Rules for Article 43 of the Law of the People's Republic of China on Safeguarding National Security in the Hong Kong Special Administrative Region (Amendment Rules). The Amendment Rules were gazetted on 23 March 2026 and came into effect on this day.
Article 43 of the Hong Kong National Security Law provides that, when handling cases concerning offences endangering national security, law enforcement authorities of the HKSAR may take various measures that law enforcement authorities are allowed to apply under the laws in force in the HKSAR in investigating serious crimes, and may also take the measures stipulated in that article. Article 43 of the Hong Kong National Security Law also authorises the Chief Executive, in conjunction with the National Security Committee, to make relevant implementation rules for the relevant measures. The Implementation Rules for Article 43 of the Law of the People's Republic of China on Safeguarding National Security in the Hong Kong Special Administrative Region (the Implementation Rules) made by the Chief Executive in conjunction with the National Security Committee for the first time came into effect on 7 July 2020.
In the course of handling cases concerning offences endangering national security and the application of the Implementation Rules over the past several years, the HKSAR has gained some practical and implementation-related experiences. With reference to these experiences, as well as relevant court cases, the Chief Executive, in conjunction with the National Security Committee, made the Amendment Rules to enhance measures that the law enforcement authorities of the HKSAR may take and further clarify relevant legal procedures and technical arrangements, so as to strengthen the enforcement power of law enforcement authorities, prevent and investigate cases concerning offences endangering national security more effectively, and prevent and mitigate risks to national security in a timely manner.
Safeguarding national security is a continuous endeavour with no end point. Given the current complex and volatile geopolitical situation, national security risks faced by the HKSAR may arise suddenly and unexpectedly. Therefore, the HKSARG must at all times maintain a high degree of vigilance, be always heedful of Hong Kong's constitutional duty, continue to improve the legal system and enforcement mechanisms for safeguarding national security, and formulate comprehensive measures to safeguard national security, in order to prevent and mitigate risks to national security in a timely manner that may arise suddenly. The Amendment Rules were made by the Chief Executive, in conjunction with the National Security Committee based on the valuable experience gained by the HKSAR in safeguarding national security, which will help enhance the HKSAR's capability to continuously safeguard national security.
Enhancements and amendments to the Implementation Rules have been made by the Amendment Rules. The HKSARG has proposed to the Chairpersons of the Panel on Administration of Justice and Legal Services and the Panel on Security of the LegCo that a joint panel meeting of the LegCo Panel on Administration of Justice and Legal Services and Panel on Security be held on 24 March 2026 for representatives of the Security Bureau and the DoJ to brief Members on the content of the amendments.
The detailed provisions of the Amendment Rules can be accessed via this
website.
"The making of the Amendment Rules is in conformity with the Basic Law, including the provisions concerning human rights, as well as the relevant provisions under the Hong Kong National Security Law. The Amendment Rules only enhance the powers of law enforcement authorities of the HKSAR and the various measures available to them when handling cases concerning offences endangering national security. The Amendment Rules set out stringent requirements by providing in detail under what circumstances the law enforcement authorities can exercise the powers; and incorporating mechanisms with the Judiciary playing the gatekeeping role for various measures introduced by the Amendment Rules, with a view to ensuring that when law enforcement officers carry out various measures, acts and activities endangering national security can be effectively prevented, suppressed and punished, and at the same time the lawful rights and interests of individuals and organisations are adequately protected in accordance with the requirements of Article 4 and Article 5 of the Hong Kong National Security Law," a Government spokesperson emphasised.
The spokesman added, "The offences under the Amendment Rules, which are necessary for ensuring the effective carrying out of the measures, are formulated with reference to similar offences which already exist and are common in the laws of Hong Kong. The Amendment Rules clearly define each element of the offences and make clear stipulations in respect of mental elements, exceptions or defences etc. Law-abiding persons will not contravene the law inadvertently. The Amendment Rules will not affect the lives of the general public and the normal operation of institutions and organisations."
For relevant press release, please visit
https://www.info.gov.hk/gia/general/202603/23/P2026032300310.htm.
Hongkong Post to adjust principal postage rates with effect from 13 April 2026
GoGlobal Task Force thematic website and cross-sector professional services platform launched to support Mainland enterprises going global via Hong Kong
Invest Hong Kong announced that the Task Force on Supporting Mainland Enterprises in Going Global (GoGlobal Task Force) launched a thematic website (www.goglobal.gov.hk) on 20 March 2026, offering one-stop information and professional support for Mainland enterprises seeking to expand into overseas markets via Hong Kong. It aims to assist enterprises in making effective use of Hong Kong's various international advantages in planning and implementing their go-global strategies and exploring new opportunities.
The GoGlobal Task Force thematic website consolidates key information for Mainland enterprises going global, including the GoGlobal Task Force's member list and support services; promotional events held by the Task Force on the Mainland and in Hong Kong; success stories of Mainland enterprises going global via Hong Kong; practical resources; and the first phase of the cross-sector professional services platform launched on the same day by the Hong Kong Trade Development Council.
As one of the new measures announced in the 2026-27 Budget, the platform brings together service providers from Hong Kong in eight major sectors - finance, legal, accounting, branding and marketing, logistics, communication technology, infrastructure and real estate, and testing and certification. It will match Mainland enterprises with suitable Hong Kong service providers, offering one-stop professional support for their global expansion. The list of service providers on the platform incorporates professional opinions from the Expert Committee on Professional Services for Going Global led by the Deputy Secretary for Justice, relevant members of the GoGlobal Task Force, professional bodies and industry organisations. It will be regularly updated as needed.
The Secretary for Commerce and Economic Development, Mr Algernon Yau, said, "The cross-bureau, cross-departmental, and cross-organisation GoGlobal Task Force, launched in October last year (2025), serves as a one-stop platform and the best partner for Mainland enterprises to go global. We encourage Mainland enterprises to make good use of Hong Kong's international advantages in finance, trade, professional services, innovation and technology, and talent to assist them in expanding their business in the global market. At the same time, more Mainland enterprises going global through Hong Kong will bring more direct investment, job opportunities, and demand for professional services to Hong Kong, further driving high-quality growth in the local economy and the flourishing development of various professions."
The Deputy Secretary for Justice, Dr Cheung Kwok-kwan, remarked that the DoJ has earlier released the inaugural edition of the "Collection of Success Stories: Hong Kong's Professional Services Supporting Chinese Mainland Enterprises Going Global" (bilingual in Chinese and English), which is available on the DoJ website. The DoJ will prepare a list of Hong Kong legal professional services providers with detailed classifications of practice areas and publish the list on the GoGlobal Task Force's thematic website, leveraging its one-stop service platform advantages to provide enterprises with comprehensive and accurate information.
For relevant press release, please visit https://www.info.gov.hk/gia/general/202603/20/P2026031800546.htm.
Hong Kong and Barbados enter into tax pact
The Secretary for Financial Services and the Treasury, Mr Christopher Hui, had a bilateral meeting with the Ambassador of Barbados to China, Mr Hallam Henry, in Beijing on 19 March 2026 and signed on behalf of the HKSARG a comprehensive avoidance of double taxation agreement (CDTA) with the Government of Barbados.
Mr Hui said, "This is the 57th CDTA that Hong Kong has concluded and also the second one this year (2026). We will continue to pursue the signing of CDTAs with more tax jurisdictions with a view to consolidating and enhancing Hong Kong's status as an international financial and trade centre as well as expanding our circle of friends with the global community."
At the meeting, Mr Hui highlighted to Mr Henry Hong Kong's "dual superpower" as a "super connector" and "super value-adder" between the Chinese Mainland and the rest of the world. He welcomed Barbadian enterprises, talent and capital to establish their presence and expand their business in Hong Kong, and take advantage of Hong Kong's financial stability with a high standard of professional services to enter the Chinese Mainland market.
Mr Hui added, "The CDTA sets out the allocation of taxing rights between Hong Kong and Barbados, which will enable investors to better assess their potential tax liabilities from cross-border economic activities and avoid double taxation. This will foster a more attractive business environment for the two places, promoting bilateral trade and investment."
Under this CDTA, any tax paid by Hong Kong residents in Barbados will be allowed as a credit against the tax payable in Hong Kong in respect of the same income, subject to the provisions of the Inland Revenue Ordinance (Cap. 112) (IRO). In addition, Barbados will exempt Hong Kong residents from withholding tax on dividends, which is currently 5 per cent in general.
The CDTA will come into force after completion of ratification procedures by both sides. In Hong Kong, the Chief Executive in Council will make an order under the IRO, which will be tabled at the LegCo for negative vetting. Details of the CDTA are available on the Inland Revenue Department’s website.
For relevant press release, please visit https://www.info.gov.hk/gia/general/202603/19/P2026031900322.htm.
CFS to waive all fees related to certification of food products for two years until 31 March 2028
The 2026-27 Budget proposed that Hong Kong's food industry can leverage its reputation for quality to further expand into the Mainland and international markets. The Government will continue discussions with Mainland authorities, seeking market access and simplified customs arrangements on the Mainland for a wider range of local food products. The Centre for Food Safety (CFS) of the Food and Environmental Hygiene Department (FEHD) will waive the fees related to the certification of food products for two years. A spokesman for the CFS said on 18 March 2026 that the relevant certificates include:
*Food Inspection Certificate, its certified true copy and amendment certificate;
*Health Certificate for Foods of Animal Origin, its certified true copy and amendment certificate;
*Recommendation on Food Manufacturer Registration; and
*Advance Release Permission.
The fee waiver for the above Food Inspection Certificate and the Health Certificate for Foods of Animal Origin, including their certified true copies and amendment certificates, will take effect from 1 April 2026, until 31 March 2028. The CFS had earlier waived the application fees for the Recommendation on Food Manufacturer Registration and the Advance Release Permission, and these waivers will remain in effect until 31 March 2028.
The spokesman said, "This measure aims to facilitate the further opening up of the Mainland and international markets for the industry. In addition, the scope of Advance Release Arrangement has been extended from the initial three categories of food products, namely beverages, pastries, and candies, to a total of six. The three newly added categories of food products are tea leaves, seasonings (ground) and noodles (without meat ingredient)."
Applicants for the Food Inspection Certificate, the Health Certificate for Foods of Animal Origin, the Recommendation on Food Manufacturer Registration, and the Advance Release Permission may proceed with applications for the certificates during the aforementioned concession period at the CFS office, or through the Food Trader Portal, the CFS's one-stop online communication platform, without the need to pay the relevant fees. For details, please call 2867 5577. The CFS has also begun holding briefing sessions for the trade to introduce the above arrangements.
For relevant press release, please visit
https://www.info.gov.hk/gia/general/202603/18/P2026031800819.htm.