Special Preferential Tax Policies in Qianhai Shenzhen-Hongkong Modern Service Industry Cooperation Zone ——Annie Lyu

 A young man just had a job in Qianhai, Nanshan District in Shenzhen couple of days before, and found there were construction works everywhere. He was told that the headquarter of the company he was employed will move in Qianhai in a very short time. Not only his company, many companies may have the thought to move in Qianhai area, due to a Special Preferential Tax Policies there. Let's take a look at the policy.

1/ According to the policy, implementation of Business Income Tax Preference at a Reduced 15% Tax Rate within 7 years( from 2014-01-01 to 2020-12-31) for enterprises registered within the Qianhai Shenzhen-Hongkong Modern Service Industry Cooperation Zone which is encouraged on the Catalogue for Preferential Tax Policies list-Technolofy Service, Modern Logistics, Cultural and Creative Industry, Information Service.

2/ Foreign high-end and urgently-needed talents working in the preferential industries in Qianhai Cooperation Zone are eligible for personal tax reductions.

3/ For the factoring service companies in Qianhai, tax on the difference towards income from interest.

4/ Contracts for outsourcing activities between companies within a group corporation are agency appointment contracts and will get exemption of stamp duty.