Q3 2025 Checklist for Entrepreneurs in Hong Kong

1. Financial Management

• Mid-Year Financial Review:

  • Analyze H1 2025 performance and fine-tune your Q3 and Q4 projections.

  • Assess profitability, cash reserves, and ROI on marketing or R&D investments.

• Prepare for Provisional Tax Payments:

  • Review profits tax obligations and set aside funds for provisional profits tax payments due in Q4.

• Currency Monitoring:

  • With fluctuating global currencies, evaluate forex risks if you trade internationally (e.g., USD to HKD or RMB).

  • Consider locking in favorable rates for transactions with hedging strategies.

• Grants and Subsidies:

  • Apply for relevant funding schemes like the SME Export Marketing Fund (EMF) or BUD Fund before the year-end rush.

• Tariff Updates:

  
  

  Stay informed about trade tariffs affecting imports/exports, particularly with the US-China trade situation and changes in ASEAN markets under RCEP.

2. Operations and Supply Chain

• Inventory and Logistics:

  • Conduct a mid-year inventory audit to adjust for seasonal demand changes.

  • Stock up for Q4 festivals, such as Mid-Autumn Festival (late September) and early Singles’ Day (11.11) preparations.

• Supplier Diversification:

  • Mitigate risks from tariffs or geopolitical tensions by diversifying suppliers across tariff-free regions (e.g., ASEAN or CEPA benefits for China trade).

• Customs and Compliance:

  • Ensure your import/export documentation complies with updated RCEP, CEPA, or other trade agreements.

  • Consider working with a trade consultant or customs broker for smoother operations.