15 May 2024
The Shenzhen Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone Taxation Bureau of the State Taxation Administration, Shenzhen Municipal Bao’an District Tax Service, State Taxation Administration (“the authorities”) issued the “Notice in relation to the Operational Guideline of Corporate Income Tax Preferential Policy in Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone” (“the Notice”) on 15 May 2024. The authorities announced that eligible enterprises established in the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone can enjoy reduced corporate income tax rate of 15%. These Measures shall be effective from 15 May 2024.