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Individual Income Tax Incentives for Foreign Talent in China: The Greater Bay Area, Hengqin and Hainan (2026 Continuity)

The Guangdong–Hong Kong–Macao Greater Bay Area (GBA) subsidies the individual income tax (IIT) gap for overseas high-end and urgently-needed talent, capped at RMB 5 million per taxpayer per year, through 31 December 2027.粤港澳大湾区对境外高端及紧缺人才的个税差额给予财政补贴,每位纳税人每年上限500万元,执行至2027年12月31日。 Hengqin waives the portion of IIT above … Individual Income Tax Incentives for Foreign Talent in China: The Greater Bay Area, Hengqin and Hainan (2026 Continuity)Read more

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Greater Bay Area Talent Tax Subsidy: How Foreign and HK/Macao/Taiwan Staff Cap Their China IIT at 15%

Caishui [2023] No. 34 extends the Greater Bay Area individual income tax preference through 31 December 2027. 财税〔2023〕34号将粤港澳大湾区个人所得税优惠政策延续执行至2027年12月31日。 Guangdong and Shenzhen pay a subsidy on the mainland–Hong Kong SAR tax burden differential, and the subsidy itself is exempt from IIT … Greater Bay Area Talent Tax Subsidy: How Foreign and HK/Macao/Taiwan Staff Cap Their China IIT at 15%Read more