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China updates rules regarding Exit-Entry Permits
Effective 6 May 2024, Mainland Chinese residents who hold exit endorsements (i.e., Exit-Entry Permits) for business and seek to visit Hong Kong benefit from a simplified application process and an increased permitted period of stay. In addition, the existing exit endorsement initiative for Mainland Chinese talent has been expanded to individuals residing in Beijing and Shanghai.
A Tax Alert prepared by EY's People Advisory Services group, and attached below, provides additional details.