R&D Cash Rebate Scheme (CRS)
A 40% rebate on eligible enterprise expenditure in qualifying ITF or partnership R&D projects.
Official facts
Quick Facts
- Provider
- Innovation and Technology Commission
- Programme type
- Subsidy / rebate
- Target stage
- Seed / Early growth / Series A
- Maximum support
- 40% cash rebate of eligible enterprise expenditure
- Duration
- Application generally within 2 years after project completion
- Matching required
- No
- Equity required
- No
- Hong Kong company required
- Yes
- Company age limit
- Not publicly specified
- Team requirement
- Not publicly specified
- Application status
- Active
- Application model
- Rolling
Editorial analysis
Who is it for?
This fit analysis is based on published eligibility and programme positioning. It is not an admission guarantee.
Who is probably not a good fit?
Teams outside the published applicant, sector, stage or company conditions should not apply solely because of the headline support. Check the current guide and weigh administration, cash-flow and reporting costs.
Financial and operating support
- Maximum support
- 40% cash rebate of eligible enterprise expenditure
- Payment model
- Reimbursement-based
- Stackability
- The rebate is expressly linked to eligible ITF or partnership R&D expenditure, including eligible ESS in-house R&D.
- Double funding and cash flow
- Only qualifying expenditure is rebated; ordinary product customisation, business automation and non-scientific work are excluded for partnership projects.
Eligibility
Published requirements
- Hong Kong enterprise contributing eligible expenditure to qualifying R&D projects
Before investing in an application, verify applicant entity, company age, team, IP, budget, matching cash and eligible costs. Ask the programme directly about anything not published.
Editorial analysis
Application process
Unless an official guide says otherwise, this is an application-preparation framework, not an official assessment sequence or timing promise.
- 1
Read the latest programme page and guide
- 2
Confirm applicant, stage and sector eligibility
- 3
Prepare project, team, budget and supporting evidence
- 4
Apply through the official channel and answer assessment requests
- 5
After admission, follow the agreement for milestones, reporting and claims
Sources
Official Resource Library
We provide official links, versions and structured explanations only. Original documents are not rehosted.
This page provides a plain-language interpretation of official materials. The official source remains authoritative.
Research and Development Cash Rebate Scheme official programme source
The provider's official programme page for checking current purpose, eligibility, support and application access.
- Original language
- English
- Version
- Application Guide, Jul 2025
- Published
- 2025-07-01
- Last verified
- 2026-08-25
Research and Development Cash Rebate Scheme Application Guide
Supplementary official material. Check the source document, version and latest programme notice before applying.
- Original language
- English
- Version
- July 2025
- Published
- 2025-07-01
- Last verified
- 2026-08-25