Hong Kong Budget Announcement 22 Feb 2023: 2023/24 Budget – What businesses need to know

On 22 February 2023 the Hong Kong Government announced the budget for the upcoming year 2023/24. The budget outlines where the Government is allocating resources through tax and fiscal policies, as well as support measures.

Here you will find a breakdown of the most relevant budget items for small to medium-sized businesses. We will also cover measures relevant to foreign-owned businesses.