Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Local

Guangdong offers preferential tax to attract overseas talents

June 25, 2019


Abstract : South China's Guangdong Province has recently announced preferential income tax policy for overseas high-end talents and talents in short supply working in the Guangdong-Hong Kong-Macao Greater Bay Area.

BEIJING, June 26 (Xinhua) -- South China's Guangdong Province has recently announced preferential income tax policy for  overseas high-end talents and talents in short supply working in the Guangdong-Hong Kong-Macao Greater Bay Area.

According to the document released by the Finance Department of Guangdong Province on June 22, governments of the nine cities in the Pearl River Delta will give subsidies to those talents for that part of personal tax  they have paid in the nine cities, exceeds 15 percent of the taxable income. And the subsidies will be exemp from paying individual income tax.

The document shows that the income from wages and salaries, remuneration for personal service, author's remuneration, royalties, business and subsidies of selected talent projects are included in the scope of income tax subsidies.

The income tax subsidies will be granted to the overseas talents with the basic requirements, namely permanent residents of Hong Kong or Macao, residents of Hong Kong with immigration scheme, residents of Taiwan, foreign nationalities or returned overseas students who have obtained long-term residency abroad and overseas Chinese; working in the nine cities of the Pearl River Delta; and obeying the laws, regulations, research ethics and research integrity.

According to the document, the policy, effective from January 1 of this year  with a trial period of one year, applies to nine cities in Guangdong, including Guangzhou, Shenzhen, Zhuhai, Foshan, Huizhou, Dongguan, Zhongshan, Jiangmen and Zhaoqing.  (Edited by Tong Wei, tongwei@xinhua.org)

Scan the QR code and push it to your mobile phone

Keyword: Guangdong tax-policy

Reading:

China releases white paper on financial services for small businesses

China Focus: African ministers in Beijing to discuss closer cooperation with China

Hainan introduces measures to build international e-sports port

PBOC skips open market operations for the 1st time in June

China Focus: Turning waste into wealth, China steps up straw utilization in rural areas

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial