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Business Facilitation

Business Facilitation

The Efficiency Office is responsible for co-ordinating and overseeing the efforts of the Government in business facilitation.

About Business Facilitation Advisory Committee

Business Facilitation

The Business Facilitation Advisory Committee (BFAC) advises and reports to the Financial Secretary the development and implementation of programmes and measures to facilitate business compliance with government regulations and to sustain a competitive regulatory environment for business in Hong Kong while safeguarding public interest.

The BFAC, its three Task Forces and ten Business Liaison Groups provide an effective interdepartmental and cross-sector communication platform to enable business sectors to raise their opinions on regulatory proposals, and to thrash out the implementation issues of new or proposed regulations.

"Be the Smart Regulator" Programme

Business Facilitation

Launched in 2007, the “Be the Smart Regulator” Programme aims to improve the efficiency, transparency and business-friendliness of licensing regime, with a view to relieving the compliance costs and administrative burdens of business sectors.

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Business Impact Assessment

Business Impact Assessment

Through conducting business impact assessments, the Government can grasp the concerns and compliance difficulties of the affected trades in complying with the regulatory proposals, which will facilitate the bureaux/ departments to enhance or fine-tune their regulatory proposals.

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World Bank Group's Business Ready Project

World Bank Group's Business Ready Project

The Efficiency Office is responsible for liaising with the World Bank Group in relation to the Business Ready (B-READY) project.

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Receiving Updates on Business Facilitation

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Last revision date: May 2024

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