21 February: 2024 GBA Tax Insight (Part 1) – Corporate Income Tax

Feb 6, 2024

GBA Tax Insight (Part 1) – Corporate Income Tax

Various PRC cities in the Guangdong-Hong Kong-Macao Greater Bay Area (“GBA”) have announced preferential policies to attract businesses, talents and to foster cooperation with Hong Kong, Macau and other parts of the PRC.

Our webinar speakers Ms Polly Wan and Mr Kevin Ho have introduced the preferential corporate tax treatments in key cities such as Qianhai, Hengqin and Nansha, and how Hong Kong businesses could reshape their operating models to maximize the tax advantages.

They also discussed the new economic substance requirements in the region.

The major topics included : - Introduction to GBA - Preferential PRC corporate tax policies in Qianhai, Hengqin and Nansha - Illustration of cross-border operations - Economic substance requirements

Thanks to our speakers :

Ms. Polly Wan - Tax Partner, Deloitte China

Mr. Kevin Ho - Senior Tax Manager, Deloitte China