Preferential IIT Policies in Hengqin Extended
The Ministry of Finance and the State Taxation Administration of the PRC jointly released the Notice on Extending the Individual Income Tax Preferential Policies for the Hengqin Guangdong-Macao In-Depth Cooperation Zone on 12 January 2026. According to this notice, the preferential individual income tax (IIT) policies for the Hengqin Guangdong-Macao In-Depth Cooperation Zone will be extended to 31 December 2027.
The specific preferential individual income tax policies for the Hengqin Guangdong-Macao In-Depth Cooperation Zone are as follows:
-
For domestic and overseas high-end or urgently needed talents working in the Hengqin Guangdong-Macao In-Depth Cooperation Zone, the part of the individual income tax burden exceeding 15% shall be exempted.
-
For Macao residents working in the Hengqin Guangdong-Macao In-Depth Cooperation Zone, the part of the individual income tax burden exceeding the tax burden of Macao shall be exempted.
-
The income that is eligible for the individual income tax preferential policies includes comprehensive income derived from the Hengqin Guangdong-Macao In-Depth Cooperation Zone (including wages and salaries, labor remuneration, author’s remuneration, and royalties), business income, and subsidized income for talents recognized by the local government.
-
Taxpayers can enjoy the above preferential policies when handling the annual individual income tax settlement in the Hengqin Guangdong-Macao In-Depth Cooperation Zone.
KAIZEN Group is equipped with experienced and highly qualified professional consultants and is therefore well positioned to provide professional advices and services in respect of the formation and registration of company, application for various business licences and permits, company compliance, tax planning, audit and accounting in China. Please call and talk to our professional consultants for details.
NEWS
