Greater Bay Area Individual Income Tax (“IIT”) Subsidies

13 July 2020
 -  On demand
On-demand

The Greater Bay Area (“GBA”) initiative which link the nine neighbouring cities in the south of Guangdong province and 2 Special Administrative Regions, Hong Kong and Macau, is an ambitious scheme to turn into an integrated economy and world-class business hub.

To mobilize the flow of talent within this region, the government aims attract more specialized talent by implementing preferential Individual Income Tax (“IIT”) policies.

Overseas high-end and urgently-needed talents working in GBA will be eligible for subsidies to offset differences in the individual income tax burden between mainland China and other regions. 

This webinar will take a deeper dive into the eligibility, process and common questions asked to facilitate the subsidies application.

Who should listen? 

  • HR of companies with foreign employees
  • Foreign employees 
  • Permanent residents of Hong Kong, Macao or Taiwan
  • Returned overseas Chinese

….who worked and paid Individual Income Tax in GBA

Speaker:

  • Daria Kruk, Senior Commercial Manager, TMF Group