07 April 2024
On 7 April 2024, the Guangdong-Macao In-Depth Cooperation Zone in Hengqin issued the “Implementation Measures for Cultivating and Introducing Innovative and Growth-Oriented Enterprises in the Hengqin Guangdong-Macao In-Depth Cooperation Zone” (“the Measures”). The Measures proposed that if the Macao-affiliated company of an enterprise in the cooperation zone receives technology-related funding from the Macao SAR government, the enterprise in the cooperation zone shall receive a subsidy amount equivalent to 50% of the investment amount. The maximum support subsidy shall be RMB8 million for each project. The Measures come into effect from 1 January 2023 and remain valid until 31 December 2025.