16 October 2023
The State Taxation Administration, the Hengqin Guangdong-Macao Deep Cooperation Zone Tax Bureau (“the authorities”) issued the “Application Guidelines in relation to 2021 and 2022 Preferential Individual Income Tax Policies for High-end Talents and Talents in Shortage in the Guangdong-Macao In-Depth Cooperation Zone in Hengqin (“the Cooperation Zone”)” (“the Application Guidelines”) on 16 October 2023. The authorities announced that the portion of individual income tax exceeding 15% can be exempted for applicable high-end talents and talents in shortage.
Eligible high-end talents and talents in Shortage shall apply through the individual income tax app, or natural-person e-tax bureau.