{"id":2666,"date":"2017-01-27T17:12:33","date_gmt":"2017-01-27T09:12:33","guid":{"rendered":"http:\/\/www.bizlinkage.net\/wp2\/?page_id=2666"},"modified":"2020-01-20T19:13:03","modified_gmt":"2020-01-20T11:13:03","slug":"sme-export-marketing-fund","status":"publish","type":"page","link":"https:\/\/www.ad-linkage.com\/en\/sme-export-marketing-fund\/","title":{"rendered":"SME Export Marketing Fund"},"content":{"rendered":"[vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″ shape_divider_position=”bottom” bg_image_animation=”none”][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_link_target=”_self” column_shadow=”none” column_border_radius=”none” width=”2\/3″ tablet_width_inherit=”default” tablet_text_alignment=”default” phone_text_alignment=”default” overlay_strength=”0.3″ column_border_width=”none” column_border_style=”solid” bg_image_animation=”none”][vc_column_text]\n

SME Export Marketing Fund (EMF) <\/strong><\/h2>\n

Objective<\/strong><\/h3>\n

EMF aims to encourage small and medium enterprises (SMEs) to expand their markets outside Hong Kong by providing financial assistance to SMEs for participation in export promotion activities.[\/vc_column_text][\/vc_column][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_link_target=”_self” column_shadow=”none” column_border_radius=”none” width=”1\/3″ tablet_width_inherit=”default” tablet_text_alignment=”default” phone_text_alignment=”default” overlay_strength=”0.3″ column_border_width=”none” column_border_style=”solid” bg_image_animation=”none”][image_with_animation image_url=”5278″ alignment=”” animation=”Fade In” hover_animation=”none” border_radius=”none” box_shadow=”none” image_loading=”default” max_width=”100%” max_width_mobile=”default”][\/vc_column][\/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″ shape_divider_position=”bottom” bg_image_animation=”none” css=”.vc_custom_1486018833390{padding-top: 35px !important;}”][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_link_target=”_self” column_shadow=”none” column_border_radius=”none” width=”1\/1″ tablet_width_inherit=”default” tablet_text_alignment=”default” phone_text_alignment=”default” overlay_strength=”0.3″ column_border_width=”none” column_border_style=”solid” bg_image_animation=”none”][vc_column_text]\n

Eligibility<\/strong><\/h3>\n

An enterprise1\u00a0<\/sup>applying for a grant under EMF must fulfil the following requirements:<\/p>\n

    \n
  1. It must be registered in Hong Kong under the\u00a0Business Registration Ordinance (Chapter 310)<\/a>.<\/li>\n
  2. It must meet the Government\u2019s definition of an SME, i.e. if it is engaged in manufacturing business, it must employ fewer than 100 persons2<\/sup>\u00a0in Hong Kong; and if it is engaged in non-manufacturing business, employ fewer than 50 persons in Hong Kong.<\/li>\n
  3. It must have substantive business operations in Hong Kong at the time of making the application.\u00a0 An enterprise holding a shell business registration or having its main business operation outside Hong Kong will not be regarded as having substantive business operations3<\/sup>\u00a0in Hong Kong.<\/li>\n
  4. If it has previously received EMF grants, the cumulative amount of grants received must not exceed the prevailing cumulative grant ceiling.\u00a0 Applicant enterprises which have similar business registration details (e.g. nature of business, address, shareholder\/directorship) will be treated as connected enterprises. \u00a0For the purpose of the cumulative grant ceiling, connected enterprises are treated as if they were one enterprise, i.e. the cumulative amount of grants received by the connected enterprises concerned are aggregated and must not exceed the cumulative grant ceiling.<\/li>\n
  5. It must not be the organiser\/co-organiser or a related company of the organiser\/co-organiser of the export promotion activity covered by the application.<\/li>\n<\/ol>\n

    Trade and Industry Department (TID) reserves at all times the absolute right to determine the eligibility of an enterprise applying for a EMF grant.<\/p>\n

    Notes:<\/p>\n

    1. For the purpose of EMF, \u201centerprise\u201d refers to a legal entity which is engaged in any form of business for the purpose of gain.\u00a0 Non-profit-making or non-profit-distributing organisations are not eligible.<\/p>\n

    2. \u201cNumber of persons employed\u201d shall include proprietors\/partners\/shareholders actively engaged in the work of the business, and all salaried employees of the enterprise at the time of submitting the application.\u00a0 Those employees, including both full-time and part-time salaried personnel, no matter permanent or temporary, must be directly paid by the enterprise.<\/p>\n

    3. Trade and Industry Department may request the applicant enterprise to provide relevant documents to prove that it has substantive business operations in Hong Kong at the time of making the application.\u00a0 When considering whether the applicant enterprise has substantive business operations in Hong Kong, TID makes reference to various factors, such as:<\/p>\n

    –\u00a0 nature of the business operation in Hong Kong
    \n–\u00a0 size\/extent\/percentage of the business operation in Hong Kong
    \n–\u00a0 investment amount in Hong Kong
    \n–\u00a0 number of employees in Hong Kong
    \n–\u00a0 information of customers\/clients
    \n–\u00a0 year of establishment
    \n–\u00a0 whether profits are assessable in Hong Kong
    \n–\u00a0 information\/assessment issued by relevant financial and professional organisations[\/vc_column_text][vc_column_text]To facilitate the assessment to ascertain the enterprise has substantive business operations in Hong Kong, the enterprise may be required to submit the following supporting documents:<\/p>\n\n\n\n\n\n\n\n
    Data of the Applicant Enterprise<\/strong><\/td>\nExamples of Document<\/strong><\/td>\n<\/tr>\n<\/thead>\n
    Business operations<\/td>\nCommercial contracts, invoices, receipts, freight forwarding documents, bank records, records of purchase\/sales of goods, office tenancy, water\/electricity bills<\/td>\n<\/tr>\n
    Financial information<\/td>\nAudited account, financial report, monthly bank statements, Profits Tax Returns and taxation assessment issued by the Inland Revenue Department<\/td>\n<\/tr>\n
    Information of Employees<\/td>\nMandatory Provident Fund records or approved retirement plan records, employees\u2019 employment contract, salary payment record, staff identity documents<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

    For more details, please visit : https:\/\/www.smefund.tid.gov.hk\/<\/a>[\/vc_column_text][\/vc_column][\/vc_row][vc_row type=”full_width_background” full_screen_row_position=”middle” column_margin=”default” bg_image=”4761″ bg_position=”left top” bg_repeat=”no-repeat” scene_position=”center” text_color=”dark” text_align=”left” top_padding=”70″ bottom_padding=”70″ overlay_strength=”0.3″ shape_divider_position=”bottom” bg_image_animation=”none” full_width=”stretch_row” css=”.vc_custom_1485341396717{background-image: url(http:\/\/www.ad-linkage.com\/wp-content\/uploads\/2017\/01\/714070b4a45fc9ca079f501cffa1c6c4-1.jpg?id=2170) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}” shape_type=””][vc_column centered_text=”true” column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_link_target=”_self” column_shadow=”none” column_border_radius=”none” width=”1\/1″ tablet_width_inherit=”default” tablet_text_alignment=”default” phone_text_alignment=”default” overlay_strength=”0.3″ column_border_width=”none” column_border_style=”solid” bg_image_animation=”none”][vc_column_text]\n

    Do you need help?<\/h2>\n[\/vc_column_text][nectar_btn size=”jumbo” button_style=”regular” button_color_2=”Accent-Color” icon_family=”default_arrow” url=”http:\/\/www.ad-linkage.com\/contact-us\/?lang=en” text=”Contact us now”][\/vc_column][\/vc_row]\n","protected":false},"excerpt":{"rendered":"

    [vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″ shape_divider_position=”bottom” bg_image_animation=”none”][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_link_target=”_self” column_shadow=”none” column_border_radius=”none” width=”2\/3″ tablet_width_inherit=”default” tablet_text_alignment=”default” phone_text_alignment=”default” overlay_strength=”0.3″ column_border_width=”none” column_border_style=”solid” bg_image_animation=”none”][vc_column_text] SME Export Marketing Fund (EMF)…<\/p>\n","protected":false},"author":3,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"yst_prominent_words":[],"class_list":["post-2666","page","type-page","status-publish"],"_links":{"self":[{"href":"https:\/\/www.ad-linkage.com\/en\/wp-json\/wp\/v2\/pages\/2666","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ad-linkage.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.ad-linkage.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.ad-linkage.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ad-linkage.com\/en\/wp-json\/wp\/v2\/comments?post=2666"}],"version-history":[{"count":23,"href":"https:\/\/www.ad-linkage.com\/en\/wp-json\/wp\/v2\/pages\/2666\/revisions"}],"predecessor-version":[{"id":5991,"href":"https:\/\/www.ad-linkage.com\/en\/wp-json\/wp\/v2\/pages\/2666\/revisions\/5991"}],"wp:attachment":[{"href":"https:\/\/www.ad-linkage.com\/en\/wp-json\/wp\/v2\/media?parent=2666"}],"wp:term":[{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.ad-linkage.com\/en\/wp-json\/wp\/v2\/yst_prominent_words?post=2666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}