Notice of the Finance Bureau of Shenzhen Municipality and the National Taxation Bureau of Shenzhen Municipality on Forwarding the “Preferential Measures of the Ministry of Finance and the State Taxation Administration for Corporate Income Tax in the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone” (Shen Cai Fa [2024] No.14)

18 April 2024

On 18 April 2024, the Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone of Shenzhen Municipality issued the “Preferential Measures for Corporate Income Tax in the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone” (“the Measures”). This Measures explicitly extends the tax incentives specified in the “Notice of the Ministry of Finance and the State Taxation Administration on Extending the Preferential Corporate Income Tax Policies in the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone” (CaiShui [2021] No.30) to the entire area of the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone. The Measures will be implemented from 1 January 2023 to 31 December 2025.