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Market Information
 
Waste Statistics
   
Recycling Fund
 
The Recycling Fund was launched on 6 October 2015 and is open for applications. The Recycling Fund promotes the recovery and recycling of waste into useful resources and products by facilitating the upgrading of operational capabilities and efficiency in the recycling industry to support its sustainable development.

Further information about the Recycling Fund is available at its website: www.recyclingfund.hk
 Recycling Fund 
   
Other Funding Support
 
Several funding schemes provide financial assistance to the recycling industry to encourage research and development into waste minimisation and recycling technologies applicable to Hong Kong. Successful applicants are expected to deliver technological products and solutions that are of widespread and practical use and that can be demonstrated and transferred to other members of the relevant industry, with the benefit of enhancing competitiveness.
 
i ) Environment & Conservation Fund
ii ) SME Loan Guarantee Scheme
iii) Innovation & Technology Fund
   
Major Trade Associations & Recyclers in the Market
 
i ) Major Associations for Recycling Industries
ii ) HK Recyclers Directory
   
Taxation Requirement and Deduction NotesBrief on Tax Deduction_Eng
 

Hong Kong is a free port that thrives on free trade. No tariff nor customs duty is imposed upon the import and export of recyclables. In general, the local recycling business is chargeable to profits tax based on the profits it makes. In order to encourage the business community to acquire and use environment-friendly facilities, the government has revised the Inland Revenue Ordinance in 2008 to introduce accelerated tax deduction associated with profits tax. Recycling business operators may apply for the aforementioned deductions under profits tax according to the capital expenditure incurred on the eligible machinery and installations.