China Tax & Investment Express Issue No. 2024020 – Operational guidelines on the preferential Corporate Income Tax policies in the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone

China Tax & Investment Express (CTIE) brings you the latest tax and business announcements on a weekly basis. We selected some comparatively key announcements to provide for a synopsis and we also provide a link that leads you to the full content of each latest announcement (in Chinese).

Matters covered in this issue include: Operational guidelines on the preferential Corporate Income Tax (CIT) policies in the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone (Qianhai Zone); Operational guidelines on the preferential CIT policies in the Shenzhen Park of the Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone (Shenzhen Park); Implementation measures for preferential Individual Income Tax (IIT) policies in the Qianhai Zone; Filing guide for preferential IIT policies in Qianhai Zone for the Year 2023; Filing guide for preferential IIT policies in Shenzhen Park for Year 2023; Key tasks for business cost reduction in 2024; Implementation measures of Shenzhen for further attracting and facilitating the use of foreign capital.

Please feel free to contact your EY client service professionals for further assistance if you find the announcements have an impact on your business operations.

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