Skip to Content Facebook Feature Image

Hong Kong Launches Digital Corporate Identity Sandbox to Boost Digital Transformation for Corporations

HK

Hong Kong Launches Digital Corporate Identity Sandbox to Boost Digital Transformation for Corporations
HK

HK

Hong Kong Launches Digital Corporate Identity Sandbox to Boost Digital Transformation for Corporations

2025-12-31 10:00 Last Updated At:12:34

Digital Policy Office and Cyberport collaborate to launch Digital Corporate Identity Sandbox Programme

The Digital Policy Office (DPO) announced its collaboration with the Hong Kong Cyberport Management Company Limited to launch the Digital Corporate Identity (CorpID) Sandbox Programme today (December 31). This Programme provides a free simulated environment for service providers interested in supporting the CorpID (including public and private organisations as well as government departments) to conduct proof-of-concept testing and develop applications, thus supporting the design of application scenarios and solutions for different industries and markets. This initiative aims to kick-start the ecosystem development of the CorpID with a view to assisting and facilitating Hong Kong corporations to accelerate their digital transformation, thereby further enhancing the business environment for Hong Kong corporations.

The Digital Policy Office (DPO), Photo source: reference image

The Digital Policy Office (DPO), Photo source: reference image

CorpID Platform

To speed up the process of digital economy development in Hong Kong, the DPO is planning to launch the CorpID Platform by the end of 2026 for use by Hong Kong corporations with gradual extension of services. The Platform will provide one-stop digital corporate identity authentication and related services for Hong Kong corporations established or registered under the Companies Ordinance (Cap. 622) and local businesses registered under the Business Registration Ordinance (Cap. 310), thereby facilitating e-business activities between Hong Kong corporations and the Government as well as other public and private organisations.

The main functions of the Platform include digital corporate identity authentication, digital signing, pre-filling of forms and storage of digital licences and permits, etc., which facilitate Hong Kong corporations to undergo corporate identity authentication and corporate signature verification in a secure and convenient manner when using e-government services and conducting online transactions, hence alleviating the complicated procedures of submitting and verifying duplicate copies of related original documents and company chops. At the same time, it enables corporations to reuse information previously provided when using different electronic services, saving processing time and reducing human errors, hence facilitating the digital transformation of corporations.

CorpID Sandbox Programme

The CorpID Sandbox Programme will provide participating service providers with appropriate technical support, reference documentations and simulated Application Programming Interface (API). It will also introduce suitable application scenarios enabling service providers to test the functions of the CorpID.

Through this Sandbox Programme, government departments as well as public and private organisations can understand the API specifications related to the CorpID, and utilise these API for testing and application development, thus making adequate preparations for the adoption of the CorpID in the future.

Service providers interested to participate can visit the CorpID Sandbox Programme website (sb.corpid.gov.hk) for registration.

The DPO encourages the industry to actively participate in the Sandbox Programme and jointly explore the application potential of the CorpID, thereby together promoting the digital economy development of Hong Kong's digital economy and facilitating corporations to enhance business efficiency through digital transformation.

Photo source: reference image

Photo source: reference image

Government welcomes publication of annual report of Process Review Panel for the Securities and Futures Commission

The Government today (December 31) welcomed the publication of the annual report of the Process Review Panel for the Securities and Futures Commission (PRP) which covers the work of the PRP in 2024-25.

A spokesman for the Financial Services and the Treasury Bureau said, "The PRP has conducted a comprehensive review of the internal processes and operational procedures of the Securities and Futures Commission (SFC). Through reviewing selected cases concerning enforcement, licensing, supervision of intermediaries and complaint handling, etc, the PRP has made a number of comprehensive and constructive observations and recommendations which are conducive to the fair and consistent exercise of regulatory powers by the SFC. We would like to express our sincere gratitude to the PRP Chairman, Ms Miranda Kwok, and the PRP members for their diligent efforts in enhancing the transparency and accountability of the SFC."

The PRP is an independent panel established by the Chief Executive to review and advise the SFC on the adequacy of the SFC's internal procedures and operational guidelines, and to determine whether the SFC has followed its internal procedures for ensuring fairness and consistency.

Source: AI-found images

Source: AI-found images

Recommended Articles