Flexkin & 米兰milan官网. CPA - CPA Hong Kong

Waive the business registration fees for 2019-20
Reduce profits tax for Year of Assessment 2018-19 by 75％, subject to a ceiling of $20,000
Inject $1 billion into the Dedicated 米兰milan官网 on Branding, Upgrading and Domestic Sales, extend its geographical scope and increase the funding ceiling for enterprises
Extend the application period of the special concessionary measures under the SME Financing Guarantee Scheme to end June 2020

Issue the first batch of government green bonds to promote the development of green finance
Consider establishing a limited partnership regime and introducing tax arrangement to attract private equity funds to set up and operate in Hong Kong
Promote mutual recognition of funds with other jurisdictions to broaden the distribution network of local 米兰milan官网 products
Provide tax concessions for marine insurance and underwriting of specialty risks, and facilitate them to issue insurance-linked securities
Promote the use of Faster Payment System for payment of government fees and charges
Issue virtual bank licences
Establish the Academy of Finance in mid-2019 to promote financial leadership development
Provide a $400 米兰milan官网 seed capital for the Financial Reporting Council and enable it to waive levy in the first two years under the new regulatory regime

Allocate $353 米兰milan官网 for the continued implementation of the Development Blueprint for Hong Kong’s Tourism Industry

Set aside $5.5 billion for the development of Cyberport 5 to accommodate more technology companies and start-ups
Set aside $16 billion for 米兰milan官网 to enhance or refurbish campus facilities, in particular those for R&D
Inject $20 billion into the Research Endowment 米兰milan官网 of the Research Grants Council under the University Grants Committee to provide research funding
Establish two innovative clusters in the Science Park focusing on “A.I. and robotic technologies”and “healthcare technologies”, pooling top-notch 米兰milan官网 and institutions to collaborate and undertake R&D activities
Launch the $2 billion Re-industrialisation 米兰milan官网 Scheme in 2019
Expand the Corporate Venture Fund of the Science Park to $200 米兰milan官网
Allocate $800 米兰milan官网 to support R&D work and the realisation of R&D results by universities, key laboratories and engineering research centres
Double the annual funding ceiling for each university under the Technology Start-up Support Scheme for Universities to $8 米兰milan官网
Increase the monthly allowance for researchers under the Researcher Programme to attract local graduates to join the I&T sector
Extend the 米兰milan官网 period under the Researcher Programme and the Postdoctoral Hub Programme

Allocate $150 米兰milan官网 to support the development of an online international dispute resolution platform by NGOs

Promote the digitisation of works supervision system to enhance the standard of and efficiency in public works monitoring
Implement Construction 2.0 to improve productivity, quality, safety and environmental impact
Upgrade the Project Cost Management Office under the Development Bureau to strengthen cost management of public works projects
Earmark $40 米兰milan官网 for the first three years of operation of the Centre of Excellence for Major Project Leaders to enhance public officers’ capability in delivering public works projects

Consider introducing tax and related measures to attract ship finance companies to develop ship leasing businesses in Hong Kong
Provide a 50% profits tax concession to marine insurance businesses