Hengqin Extends Preferential Enterprise Income Tax Policies

Hengqin is extending preferential enterprise income tax policies that have been in force since 1 January 2021. Enterprises in the Guangdong-Macao In-depth Co-operation Zone are eligible for enterprise income tax at a reduced rate of 15%. Income derived by enterprises in the tourism, modern services and high-tech sectors from new outbound direct investments is exempted from enterprise income tax.