Hong Kong Association of Certified Public Accountants: Welcome the Hong Kong Government's launch of the Patent Valuation Pilot Support Program to help strengthen Hong Kong's position as a regional intellectual property trading center

The Zhitong Finance App learned that the Hong Kong Institute of Certified Public Accountants welcomed the announcement by the Intellectual Property Department of the HKSAR Government to launch the “Patent Valuation Pilot Support Program”. The Association has been actively promoting and promoting the professional development of corporate valuation, and regards it as an important part of building a professional service hub in Hong Kong. The Association believes that this plan will help open up intellectual property financing channels and strengthen Hong Kong's position as a regional intellectual property trade center.

The two-year pilot program aims to assist eligible local SMEs to value their patents and other intellectual property assets, thereby supporting enterprises to obtain credit financing by obtaining objective valuation data. By encouraging enterprises to use their intellectual property assets as financing tools, the plan unlocks innovative commercial value and promotes the development of Hong Kong's innovation and technology ecosystem.

Lo Cheuk-kin, president of the Hong Kong Association of Certified Public Accountants, said that intellectual property plays an increasingly important role in promoting innovation and economic growth. Professional and credible valuation is an important cornerstone of commercialization and capitalization of intellectual property, and the Association has always promoted and enhanced the development of the professional valuation of enterprises. The pilot scheme will help Hong Kong establish a more favorable environment for intellectual property valuation and financing, enable innovative enterprises to make more effective use of their intangible assets. At the same time, it will continue to lead the industry to “price” and “add value” to the intangible assets of enterprises with a high level of valuation services, and fully cooperate with Hong Kong in developing a new productivity and innovative technology ecosystem.