07 April 2024
On 7 April 2024, the Guangdong-Macao In-Depth Cooperation Zone in Hengqin issued the “Implementation Measures for Building a Quality Science and Technology Innovation Environment in the Hengqin Guangdong-Macao In-Depth Cooperation Zone” (“the Measures”). The Measures propose that if a technology enterprise in the cooperation zone receives investment from qualified institutional investors, a reward equivalent to 5% of the investment amount shall be provided to the technology enterprise, with a maximum of RMB500,000 per year. The Measures come into effect on 1 January 2023 and remain valid until 31 December 2025.